@stycommunity.base.eth
☑️ The stcUSD interest rate among CapYT is quite sweet
The cUSDYT can farm points at a magnification of 20 times, instead of digging up the bare points without interest,
In the case of stcUSD YT, instead of digging at a magnification of five times, we are paying interest rates.
The current stcUSD rate is 16.38%, which puts the principal APR at close to 600% when YT is currently 35 times applied.
The interest is about $16.2 per day based on $1,000,
This figure currently has 77 days of YT, with 125% recoverable of principal at maturity.
In other words, it means that farming is possible with profits above the principal.
I'm trying to figure out why the interest rate is so good and how it's going to pay the interest rate,
It is said to generate profits from banks, HFT companies, and market makers.
First of all, considering the YT rate, it seems to be quite a pain.
0 reply
0 recast
1 reaction