You’re in the fortunate position of having funds to invest. How can you choose between the numerous potential investments available to you, with their different yields, risks and durations? This question sometimes trips up even highly astute observers. Here, we’ll review some basic ways to compare returns and then look at how the return numbers of the Yearn vaults ended up having a long-standing mistake. APR and APY Let’s start with the basics.

I have been an investor in, and a customer of, Nexo for some time now. Naturally, I have done my best to conduct due diligence on the company. Here, I’ll explain why I found Nexo an attractive investment and why I eventually decided to head for the exit. Nexo is a crypto lender, operating as a traditional centralized company rather than as a collection of smart contracts like its competitors in DeFi.