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>> 20% is risk parity for keeping your money in smart contracts That is an insane sentence.

• anamax 5y ago
  How much would you want to keep some of your money in smart contracts?
  • mikeyouse 5y ago
    The point isn’t how much would you want — it’s what could they possibly be doing on the other side of that debt instrument to yield more than that.
    • notch656a 5y ago
      Flash loans is one thing that I have no idea how I could get as a typical retail tradition finance customer, but are readily available on crypto. In the ideal (impossible) case they are riskless. Executing just 200 of them yields ~20%.
      • grey-area 5y ago
        What could possibly go wrong.
  • vkou 5y ago
    More than any legitimate enterprise in that space could possibly provide.
  • codefreeordie 5y ago
    20% per annum isn't close to enough, as today's market demonstrates. I'd have needed probably 20% per month, if not per week. But why would anyone be willing to pay it?
  • RC_ITR 5y ago
    I could pay 40% for keeping your cash near a roaring fire, doesn’t mean I can sustain that forever.