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by notahacker
1652 days ago
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There may well be many ways to get ROIs in excess of 12.68%. There are also many ways to obtain investment capital on better terms than a fixed 12.68% APR, especially if you're really, really good at investing. And if you want as much USDC as possible it's even odder to lend some of it back out at 1%! I guess the charitable explanation for them raising capital as expensively as possible from randoms on the internet is they're feeling charitable themselves. I seem to remember that was how all the pre-crypto HYIP "investments" explained the generosity of their compounding daily return offers |
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