When you subscribe to Dynamic Earn on Flipster, your USDT begins generating yield through a partnered liquidity provider. To help you understand how your returns are calculated and reflected, this guide explains three important concepts: Earnings, APR, and NAV.
What Are Earnings?
Earnings represent the total yield you have accumulated from your Dynamic Earn subscription.
They increase over time as long as your subscription remains active and are reflected in the value of your Yield-Bearing Token (YBT) — IGNUSDT.
How Earnings Grow
Earnings are added automatically and continuously.
As the underlying strategy generates yield, the exchange rate between IGNUSDT and USDT increases.
Even though the number of IGNUSDT you hold stays the same, the value of each token increases over time.
Your earnings = (Current NAV – Initial NAV) × Your subscription amount
What Is APR?
APR (Annual Percentage Rate) shows the projected yearly return of the product.
APR in Dynamic Earn is floating, meaning it can change based on market conditions and strategy performance.
Key Points About APR
The APR shown when you subscribe is indicative, not fixed.
Actual performance may be higher or lower depending on the liquidity provider’s yield generation.
APR does not account for compounding; returns are applied through the IGNUSDT exchange rate instead.
APR helps you estimate potential rewards, but your realized yield will depend on the actual performance of the underlying strategy during your subscription period.
What Is NAV?
NAV (Net Asset Value) is the per-token value of IGNUSDT.
NAV represents how much USDT each unit of IGNUSDT is currently worth.
How NAV Works
NAV increases over time as yield is accumulated in the strategy.
This means:
You subscribe → receive IGNUSDT based on the NAV at the time.
As NAV increases → the total value of your IGNUSDT increases.
When you redeem → NAV determines how much USDT you receive.
Formula
IGNUSDT you receive at subscription
= Subscription amount (USDT) ÷ NAV at the time
USDT you receive on redemption
= IGNUSDT held × Latest NAV
How They Work Together
| Component | What It Means | How It Affects You |
| APR | Indicative annual return | Helps estimate potential performance |
| NAV | Current value per IGNUSDT | Determines your redemption amount |
| Earnings | Actual yield earned | NAV increase reflects your earnings |
Summary: APR influences NAV, and NAV reflects Earnings.
Example Flow
You subscribe with USDT → receive IGNUSDT.
Strategy generates yield → NAV increases.
Higher NAV = higher redemption value.
Earnings grow as NAV grows.
Tips for Users
Track NAV regularly to understand how your yield is performing.
- APR changes are normal in floating-rate DeFi products.
- You can redeem anytime using:
- Standard Redemption: Processed within 1–2 business days
- Instant Redemption: Processed immediately