/biz/ - Business & Finance

LINK's terrible interest rate dilemma Anonymous Fri Apr 28 21:45:08 2023 No.54775982 [View]
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The interest rate Sergey wants to pay out for holding his funding token is laughable, less than bank interest basically which is not remotely acceptable for holding a highly risky, mostly illegal asset with no legal protections.

Why can't Sergey sell some of the 65% of the premined tokens he holds to fund a better interest rate (staking in NEET terms) for those incels running
NEETnodes?

I don't get it... If I wanted to collect bank interest on my money, I'd stick inside of a bank. One that has FDIC insurance and a physical address and cash flows and real employees etc.

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