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Can someone please help me understand the APR on Liquid Swap?

Can someone please help me understand the APR on Liquid Swap?

Binance

Cryptocoins Exchanges / Binance 11 Views

Can someone please help me understand the APR on Liquid Swap?

Hello, I'm looking to put some coins into liquid swap but just wanted to confirm that I've read it correctly, currently you would get 12.9% as a 'normal' rate (less than just staking DOT, as it happens) but Binance are adding a 34% bonus - is that right?

https://preview.redd.it/xoi2a1zxhzr61.png?500&format=png&auto=webp&s=4e6ee249ff759d5b0f546717add6768975e99b98

Is there anywhere to see when that bonus runs until? Or have I completely misunderstood? Thanks :)

submitted by /u/Gaaraz
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