4 ms·
Yeah 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 purchas
by jlund-molfese 4y ago
Yeah 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.