to provide yield to their users ie someone creates a yield bearing protocol or app that provides lower yield to anchor plus insurance and guarantee of funds,easier on boarding for users for multiple currencies? But yield is actually being generated by anchor at the back?
I’d hope not as anchor yield isn’t guaranteed to stay this lucrative, and in fact is argued (here - earlier today) that the yield reserve is diminishing quickly. Why would another protocol or service risk banking their entire model on someone else’s yield model that’s (possibly) not sustainable in perpetuity
Dude I’ve been an anchor user since launch. I think tfl has got things under control.
and that’s not been very long in the grand scheme of things. You’re saying you have virtually complete faith that 19%+ is sustainable in perpetuity?
With more options of collateral yes. Bonded atom/dot etc
I hope so. Right now I’m not as confident as I’ve been historically.
Anyway if someone could enlighten me on this. I’d be grateful.
I’m also curious about how long this will last. I read the white paper and it makes it out like it’s forever sustainable, what determines if APY goes up or down
How long has the 20% apy been going?
EARN? Since day 1 . It is algorithmically balanced…
Since the beginning
No I mean how long has it existed? A few months? A year?
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