[charcircuit]

>If someone is offering you a yield of more than 18% APY

I think you misunderstand what's happening. The 18.63% APY that they are currently offering is on a coin that went down 11.71% today. The rewards are locked for 1 year and are paid in CEL which is down 54.64% today.

The actual yield of the investment in USD is not going to be at a rate to reach 18.63% APY.

[paulgb]

I don’t think that contradicts OP’s point, though? If you buy in you’re someone else’s yield. The mechanism for that transfer is that your investment depreciates faster than the yield, while the other person is able to liquidate and you’re not.

[charcircuit]

OP is referring to an 18% APY in USD where Celsius is referring to an APY in the target coin.

I don't quite follow your logic. Assuming withdraws weren't paused like they are now you would still be able to liquidate your position.

[UncleEntity]

> Assuming withdraws weren't paused like they are now you would still be able to liquidate your position.

That’s the funniest thing I’ve read in a long time…

[throwaheyy]

>If someone is offering you a yield of more than 18% APY