not sure how many big cock jokes i got left you need to pace yourself
3 Likes
You also canāt get it fast thereās a lock up period of like 1 year. But the fact that USA#1Gov can offer 7.2% personally make me feel pretty safe on 8% from Gemini.
I expect Gemini will just drop the yield down if they deem it too risky basically, itās 8% now but will change over time. Just google search looks like it was 7.4% back in May
Every time Iāve looked into one of these earn x percent on your crypto opportunities enough to dig through the fine print I find out Iām essentially an unsecured lender to a venture stage startup and/or at the whims of whatever black box risk management the exchange is using on the other side, which has to be something that earns more than 8 percent in a broad market where earning 8 percent entails taking a bunch of risk
Can it really be more risky than connecting your crypto wallet to a random website to generate a picture of a pig with laser eyes?
2 Likes
Yeah Iām pretty risk averse on this stuff myself as well, so far Iām only comfortable with the Gemini platform and I havenāt bothered to put crypto in it and may not. The only other one I found in my research that made me feel good was āLednā which has a āproof of reservesā (but it is not available in my location). Coinbase was gonna do one which I would have felt safe with as well but the SEC yelled at them or something lol
1 Like
Crypto would be much better off long-term without this sort of stuff and anything leverage related. Creates systemic risk and regulators will salivate at attacking crypto if things go wrong.
1 Like
Itās 8% yield in USD. So basically -50% APR in average crypto yields.
1 Like
So you are basically the lost winklevoss brother and somehow we lost on the one nft i bought with you? How bad can i run?!
3 Likes
We just voted to put it up for sale
2 Likes
lol im not even talking about that one.
Harold
We bought a laser eye mutant ape for 8426 eth and sold it for a single doge
Congratulations?
Binance is currently offering 110% APY on AXS staking*
*Terms may apply
1 Like
itās doubled in USD
1 Like
A good detailed breakdown on the reason for the high yields in this article:
1 Like
BlockFi had an oopsie a while back:
1 Like
give them 700
sure thing boss
WHAT THE **** DID YOU JUST DO
2 Likes
Many of them are all linked to the same mega source (Genesis). I think thereās maybe one other. Lotta information on PROHASHING too