3 ms·
I don’t think that contradicts OP’s point, though? If you buy in you’re someone else’s yield. The mechanism for that transfer is that your investment depreciate
by paulgb 4y ago
I don’t think that contradicts OP’s point, though? If you buy in you’re someone else’s yield. The mechanism for that transfer is that your investment depreciates faster than the yield, while the other person is able to liquidate and you’re not.
- charcircuit 4y agoOP is referring to an 18% APY in USD where Celsius is referring to an APY in the target coin. I don't quite follow your logic. Assuming withdraws weren't paused like they are now you would still be able to liquidate your position.
- UncleEntity 4y ago> Assuming withdraws weren't paused like they are now you would still be able to liquidate your position. That’s the funniest thing I’ve read in a long time…