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/biz/ - Business & Finance

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27619325 No.27619325 [Reply] [Original]

> I can borrow money at 1% APY
> I can lend my crypto at 5% APY
What’s the catch? How are lending out money at way lower APY’s than what they’re borrowing at? Seems fishy.

>> No.27619395
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27619395

Disclaimer: I might be retarded

>> No.27619476

>>27619325
Partnered with Chainlink so they are trust worthy.

>> No.27619692

>>27619476
I’m just trying to understand how their business model works. Are they lending out the crypto I deposit as collateral? Or how can they only charge 1% APY?

>> No.27620029
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27620029

>>27619325
can i trust her with my money

>> No.27620638
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27620638

https://drive.google.com/drive/folders/1XY4MGLPGnexk2F6r6Ii65GvH482yr5gD

>> No.27620781

>>27619692
You don't earn interest on the assets used to collateralize the loan. They are likely lending out your collateral to people who borrow it for shorting.

>> No.27620936

>>27620638
If I remember correctly she is no longer with Celsius and hasn't been for months. They are all IDF/Israeli military

>> No.27621058

>>27620936
fuck off newfag

>> No.27621083

their shitcoin did a 20x

>> No.27621375
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27621375

>>27621058

Who are you calling newfag I've definitely been here longer than you retard.

>> No.27621495
File: 202 KB, 1024x1144, CelsiusIDF.png [View same] [iqdb] [saucenao] [google]
27621495

>>27621375

>> No.27621568

feels like a ponzi desu

>> No.27621595
File: 161 KB, 1056x856, CelsiusIDF2.png [View same] [iqdb] [saucenao] [google]
27621595

>>27621495

>> No.27623166

>>27619325
>their Twitter is a leftist shithole
>their whitepaper has fucking furries on the first page
>their shitcoin has been going sideways for months, when other coins have been skyrocketing, even fucking XRP made a 4x

>> No.27623713

>>27619325
>>27620029
>>27620638
You must know this, right op?
>it's fake
It's not. She put her name on the lawsuit against the porn guys after her kike instinct told her she could profit off her terrible decision.
I'm not exaggerating at all when I say 100% she give sex favors to whoever hired her. She probably doesn't manage anything but who the fuck in their right mind would get involved with a company like that?