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>How do you know that? The very first line on https://www.investvoyager.com https://www.investvoyager.com: >Build your wealth. Earn up to 12% annual rewards.
by sbierwagen 4y ago
>How do you know that?
The very first line on https://www.investvoyager.com https://www.investvoyager.com:
>Build your wealth. Earn up to 12% annual rewards. Beat your bank by earning top rewards each month on 39 digital assets with no lockups.
Doing 12% APY when the fed funds rate was 0.5% meant they were loaning those deposits out at more than 13%. That's a pretty bad rate for a commercial loan. The only companies taking out those loans are doing so because they were rejected from regular banks. Why? Well now we know: it was all crypto hedge funds who were levered up and instantly imploded the minute crypto started to go down.