Manyswap

ManySwap is the first decentralized automated market maker (AMM) to implement the affiliate revenue sharing model on the BSC network. Users can earn 0.1% in commission on trading fees for each referral.

The platform also allows users to swap tokens and create new liquidity pairs. Through adding to the liquidity pairs users can earn liquidity incentives and trading fees.

What is APY

The term “annual percentage rate (APR)” refers to the annual rate of interest charged to borrowers and paid to investors. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment.

How APR is calculated in Manyswap

Here is the detailed explanation how the APR and the rewards are calculated: first while creating any farm, we assign a allocation point to it, suppose for MANY-BNB farm we have assigned 20X, means allocation point for this pair is 2000, and the total allocation points(summation of all the allocation points)is 16800(as per the current structure while writing this).