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Borrowers pay more than lenders. You get a cut of those fees as interest. There's risk there of course, but it isn't magic money or a ponzi.
by rodiger 6y ago
Borrowers pay more than lenders. You get a cut of those fees as interest. There's risk there of course, but it isn't magic money or a ponzi.
- warkdarrior 6y agoSo the borrowing costs must be quite high to warrant that revenue.
- cdiddy2 6y agoCurrently 18% borrow APY with 143M USDC being borrowed. You can check it here https://app.aave.com/markets https://app.aave.com/markets