LP yield estimator
Put bStocks into a DeFi pool like PancakeSwap to provide liquidity (earning fees and rewards): how much can you make over a period? The math is principal × APR × days ÷ 365. Enter principal, APR and days for a live period yield. Use the APR you see on the protocol's page; this page builds in no fixed rate and uploads no data. Be sure to read the impermanent loss warning below.
This is the 'gross yield', before impermanent loss and gas
An LP APR is the gross yield on the reward side; it is not the money you finally pocket. Once the two tokens' relative price drifts from your ratio at entry, you get impermanent loss: the pool mechanism automatically leaves you holding more of the one that fell and less of the one that rose, and the result can be worse than simply holding. The more volatility, the larger the impermanent loss. In extreme cases, the APR you earn is not even enough to cover the impermanent loss. The figure below is only an estimate of the reward side, not net P&L.
*20% spot fee discount; the actual rate shown on Binance's page applies and may change with policy.
How LP yield is estimated
This uses the simplest simple-interest estimate: period yield = principal × APR × days ÷ 365. For example, principal 1000, APR 15%, held 90 days, gives a gross yield of about 1000 × 0.15 × 90 ÷ 365 ≈ 36.99 USD. Many protocols show APY (which includes compounding from reinvested rewards), slightly higher than this simple-interest estimate; follow the protocol's page for the exact figure.
But remember, the real P&L of providing liquidity is the sum of three parts: fee/reward yield (positive) + impermanent loss (usually negative) + on-chain gas and entry/exit costs (negative). This tool only covers the first part. For how impermanent loss works, Binance Academy has a detailed explanation.
Entering and exiting a pool and claiming rewards all cost on-chain gas, and frequent actions eat into the yield, so keep a sense of it with the BNB Chain gas estimator. For the full steps and risks, see providing liquidity with bStocks on PancakeSwap.
Who LP suits
Anyone willing to take on extra volatility, who understands impermanent loss, and who is confident in both assets for the long run. Beginners should start small. Lending is another use with a different risk profile; see the lending APR calculator and lending bStocks on Venus.