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those insane yields are deceptive because they are not adjusted for inflation of the currency/token/coin
by pas 5y ago
those insane yields are deceptive because they are not adjusted for inflation of the currency/token/coin
- qeternity 5y agoWell, sort of. Your yield isn't in dollars, it's in number of tokens. Your dollar yield will be the token yield minus the change in token price.
- EMM_386 5y ago> Well, sort of. Your yield isn't in dollars, it's in number of tokens. Perhaps they should be more transparent about this, because I can end homelessness in the United States right now with $100 based on their reported APY. The only people who are attracted to this misinformation are amateur investors, and I fear that is the whole point.
- qeternity 5y agoAbsolutely. I’m not defending it. But this is my point, it takes an understanding of finance and an understanding of what’s actually happening with these smart contracts. Retail will get slaughtered.