🧳Funds locked by the liquidity provider help to earn a revenue - so called APY
What Is the Annual Percentage Yield (APY)? The annual percentage yield (APY) is the real rate of return earned on a savings deposit or investment taking into account the effect of compounding interest.
If we compare it to the traditional financial system DeFi APY is way higher📈
☝🏻Right now excavo.finance does not show your APY but as soon as the analytics becomes available it would bring new liquidity providers to the ecosystem that will see a possibility to earn funds How to become liquidity provider? (Link)
Cryptocurrency capitalization climbed to $1 trillion 💸
📍On Wednesday, January 6, the cryptocurrency market capitalization reached an all-time high (ATH) of $972 billion but then declined to about $920 billion. Total daily trading volume near $136 billion.