> For the complete documentation index, see [llms.txt](https://docs.origami.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.origami.finance/the-first-fold-v1/rewards.md).

# Rewards

<figure><img src="/files/BFTb9fZZAkf22IzIL6BL" alt=""><figcaption></figcaption></figure>

Rewards are harvested daily. The APY is calculated by measuring the drip rate every 2 days, extrapolated over a year.

$$
\boxed{\left\[1 + \left(\frac{\text{Interest Rate}}{365/2} \Big/ \frac{365}{2}\right)^{\frac{365}{2}} - 1\right]}
$$