now I am getting passive income from some farming and staking at Pancakeswap and Bakeryswap and most recently Mocktailswap whose daily APR is quite large, around 600% to 700%.
Say what???
Are you telling me there's a legitimate way to earn that much of a return (emphasis on legitimate)? That just doesn't sound right. In fact, members have gotten tagged here for promoting services that advertise rates of return that are much less than that. Anyway, I've never heard of either one of those sites. I'll have to take a look to see what they're all about, but I doubt I'll end up using any of them. It sounds way too good to be true.
LOL. I'm pretty sure affandi meant something else, probably daily yield on a 600% to 700% annual rate. After all, APR means Annual Percentage Rate. The annual rate could be true, 600% to 700%. That indeed exists, some even higher than that, as far as I can remember. But definitely those rates are not the daily yield. There's a daily return on the basis of that annual rate.