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/biz/ - Business & Finance

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25813046 No.25813046 [Reply] [Original]

there's no way i can deposit 10k and get 2k in a day

>> No.25813126

73%. Isn't that per year. What do you mean here?

>> No.25813171

>>25813126
73%/365 = .2
10,000*.2 = 2000
Am i just retarded from insomnia?

>> No.25813219

>>25813171
yes you are fucking reetarded

if in a year you will make 7300 proit how the fuck is it 2k per day retard

>> No.25813239

>>25813126
>>25813171
yes i yam retarded i forgot a decimal place, still a good apr tho. how does this go down as more invest
>>25813219

>> No.25813296

>>25813239
the nice thing is idle will likely appreciate in that time so the real apy is much higher

>> No.25813352

>>25813296
If I deposit 10k in the USDC pool how much Idle do I make per day?

>> No.25813378

>>25813046
The chinks are doing this consistently with usdt

>> No.25813413
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25813413

what site is this anon?

>> No.25813418

>>25813296
But that pool has no idle reward
with dai and 10k you can expect in a year
1000 dai + ~430 idle. IF idle goes to lets say 10$ that's only 4.3k

but i have a hunch there's no way tusd stays 73 apy meaning that 7300 in a year is just mathland numbers

>> No.25813459
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25813459

>>25813413
https://idle.finance/#/dashboard/best

>> No.25813493

>>25813352
about 1.2 idle right now, and if you farm while the price of idle is low later it might explode from $3 to $100 and you wuld have been farming $120 a day

>> No.25813499

>>25813239
>>25813239
You're not gonna get 73% over a year. That is just what you're getting at the moment. It'll probably average out to something like 10%, which is still crazy high.

Stable coin rates are going through the roof right now because:

A: Lenders are taking their money off the pool to buy the dip
B: Borrowers want to borrow as much stable coin as they could to buy the dip

>> No.25813529

>>25813459
How can I get my garloid to look this sexy?

>> No.25813589

>>25813529
Tap water

>> No.25813614

>>25813499
Thanks for the insights. So realistically after dip buying goes down apy rounds off and it'd prolly be better to grab idle in case >>25813493 happens. Although i am doubtful af 100 burgers is possible.

>> No.25813854

>>25813529
>>25813589
>tap water
go back to redddit faggot, on 4channel we fill our garloids with hose water