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by ironlake
1493 days ago
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Terra Luna offered some great DeFi yield opportunities. Unrealistic yield is one of the hallmarks of a ponzi scheme. The DeFi yield opportunities require more money to flow in than to flow out. Apple stock, for example, pays a dividend that is not dependent on more people buying Apple stock but on the company profits for the next quarter. |
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Not exactly. In DeFi they just give you newly printed tokens. That's the "yield". Why wait for money to flow in when you can instead print it at will.