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>>> To do that it would have to do something, anything, even one tiny little bit better than something in finance. To be fair, DeFi offers better returns than
by WFHRenaissance 4y ago
>>> To do that it would have to do something, anything, even one tiny little bit better than something in finance.
To be fair, DeFi offers better returns than are commercially available to the average consumer (granted, with increased risk, but still).
- jlund-molfese 4y agoYeah but those returns are artificially subsidized by VC and retail speculators. They’re, by and large, not the result of non-crypto people or companies purchasing tokens in order to meet direct needs. A conventional Ponzi scheme also offers very high returns, at a very high risk.
- arcticbull 4y agoFurther, roughly 10% of the entire TVL of the DeFi space was lost last year to hacks and thefts. If you're not getting at least 18% APR (10% risk, 8% inflation), you're better off with series I bonds. Put another way: if this clear yield actually existed, it would be arbitraged into the dirt by Cumberland/DRW and Jump - not left to the retail schlubs.