/biz/ - Business & Finance

>>23026905
>>23026878
Staking incentives with huge interest rates for a system which provides no value is exactly how the defi ecosystem works though. You can put any number of buzzwords on top and you have the same product.

Because no value is created, the only way the system can provide money to early investors is with tokens. The only way for the tokens to have value is by being transactable for other coins with value like btc/eth/etc. And the only way for that to occur is to actually have a constant source of new buyers. When that stops, the house of cards collapses. It is a ponzi.

Still looking into the power dapp but it seems like it basically provides energy credits on the german power exchange network, which is done more efficiently and effectively by calling your power company and asking for their green energy package.

Please put your tokens up on a defi platform where I can short it. Thanks.