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/biz/ - Business & Finance

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25620414 No.25620414 [Reply] [Original]

Is making it really as easy as getting a 10%+ APY on your stablecoins and compounding it until you reach your target price?

>> No.25620582

>>25620414
if its a stablecoin pegged to ruble

>> No.25620667

>>25620414
That’s called an index fund

>> No.25621177

10%+APY pegged to a currency with 10% (or more) inflation

>> No.25621215

>>25621177
sad but true. checked.

>> No.25621230
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25621230

>>25620414
shhh. it doesn't work if too many people start doing it.

>> No.25621322
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25621322

>>25620414
what's the catch with crypto lending? 10% APY seems like some bernie madoff shit.

>> No.25621363

10x, not 10%.

>> No.25621511

>>25621322
the catch is that it actually has a risk and the more people do it, the more unstable things get

>> No.25621540

>>25621511
what sort of risk are we talking about?

>> No.25621550

>>25621322
Over collateralized loans & no fat cat or govt grift

>> No.25621595

>>25621540
the tinfoil hat sort