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Compound and Aave both existed before they had tokens and there was still yield on the platforms. The yield is from borrowers paying interest to the lenders.
by cdiddy2 5y ago
Compound and Aave both existed before they had tokens and there was still yield on the platforms. The yield is from borrowers paying interest to the lenders.
- discodave 5y agoWhere are the borrowers investing the tokens to generate profit to pay interest to the lenders? Like, are they investing in real estate that pays rent? Companies that pay dividends?
- coolspot 5y agoThey are buying hot shitcoins on leverage.
- trulyme 5y agoWho is borrowing at such rates though? Genuinly curious.