09-24-2020, 09:30 PM
ELI5 where the money is coming from to pay for the high % APRs in defi
<!-- SC_OFF --><div class="md"><p>Right now it's like 33% APR for USDC on fulcrum.trade If it stays like that for a year and I put in 100k, I get paid $30,000 - who's pocket is that coming out of?</p> <p>(Extra characters to satisfy the weird rule of having to have over 200 something characters for your post to meet the rules of this sub wtf)</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Right now it's like 33% APR for USDC on fulcrum.trade If it stays like that for a year and I put in 100k, I get paid $30,000 - who's pocket is that coming out of?</p> <p>(Extra characters to satisfy the weird rule of having to have over 200 something characters for your post to meet the rules of this sub wtf)</p> </div><!-- SC_ON --> Kind Regards R