3 ms·
> Why does it need to be sustainable? The APR can simply lower once the high APR is no longer sustainable. At which stage, people with savings withdraw funds b
by Closi 4y ago
> Why does it need to be sustainable? The APR can simply lower once the high APR is no longer sustainable.
At which stage, people with savings withdraw funds because of the lower interest rate and the Ponzi scheme collapses.
- charcircuit 4y ago>the Ponzi scheme collapses The only thing that collapses would be the APY. Everyone can still withdraw their full deposit.
- Closi 4y agoTheir deposit has been loaned. No free lunch here…