Hey, I am pretty new to DeFi and I still did not figure out a couple of things.
Let´s say I have a leveraged position in the Alpaca farms (CAKE/BUSD). I know I get the CAKE rewards that are automatically invested in my position. In addition I get ALPACA rewards in my account. Two questions:
1- If I close the position, I also take the CAKE rewards? (I think so, but it is not clearly explained).
2- The APY reported is calculated considering daily compound. Does that refer to ALPACA rewards reinvested manually in my open position, or only the “automatic” CAKE reward?
Thank you guys!