Fixed APR
A Fixed APR (Annual Percentage Rate) is really just an interest rate that doesn't move for the agreed period of time. It informs you of the annual cost of borrowing or the return on an investment, but it's based only on the principal--without compounding. For instance, if you put $1,00,000 for a 10% fixed APR, you receive $10,000 in one year. The return is guaranteed, regardless of how the markets move.
why is it Great ?
The greatest advantage of a fixed APR is stability. The rate remains the same, the math is simple, and you know precisely what to anticipate. In contrast to APY, which factors in compounding, APR employs simple interest until you reinvest. That makes it practical for short-term savings as well as extended income planning. Fixed APRs are all over the place in traditional finance--fixed deposits, bonds, and loans all use this format. In crypto, though, they're rare because yields normally move around. When available, they're usually backed by hedging, arbitrage, or platform subsidies. For investors, the primary attraction is predictability. It eliminates the fear of market volatility, is suitable for risk-averse personalities, and facilitates goal-based planning. Institutions also appreciate fixed APR products for diversification.