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/biz/ - Business & Finance

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15776517

lending on binance Anonymous Tue Oct 1 05:32:16 2019 No.15776517 [Reply] [Original]

anyone lends their linkies on binance so far? the lending rate is 6%

>>	Anonymous Tue Oct 1 05:34:35 2019 No.15776527 If you lend your linkies they will short them

>>	Anonymous Tue Oct 1 05:35:31 2019 No.15776530 >>15776527 Meaning he got 6% on whatever the short period is and he is now owning link at bottom. I dont see a problem.

>>	Anonymous Tue Oct 1 05:36:21 2019 No.15776534 >>15776527 and will get liquidated. 10.000 link stack will get you 2400$ each month or am i missing something?

>>	Anonymous Tue Oct 1 05:41:56 2019 No.15776564 >>15776534 you definitely are, it's 6% annual rate.. so it's more like 85$/mo on that stack

>>	Anonymous Tue Oct 1 05:46:22 2019 No.15776584 >>15776517 It's 6% annual which is like 0.1% weekly. Good luck making gains with that. You're only providing liquidity for them to short us into the ground or until another "hack" happens and you lose your link forever. Don't be retarded.