When it comes to the whole apy what I see

Question

When it comes to the whole apy what I see

is this. Cake shouldnt promote these high apy chasers. They will just come and go. Looking for the next rush but apy shouldn't be so low while price isn't rising.
The key thing to do with your product is create value. These steps they are taking is creating insane value for the entire cake ecosystem.
Its simple to just say "1 cake per block" and hope the price goes up. Lol but where is the value in that? Yeah, it is attractive because its scarce but it needs more than scarcity for demand! 👊🏾

#cake #cryptocurrency #de-fi #english

0

13.10.2021

5 ответов

6 просмотров

QV

Evodude
Yeah, I also don't understand, looking at how the ...

Yes if you choose to ignore other factors that influence it

0

15.10.2021

Evodude

QV
Yes if you choose to ignore other factors that inf...

Can you tell me the biggest other factors?

0

15.10.2021

QV

Yes

0

15.10.2021

Evodude

QV
Yes

But when the price is dropping it means people are selling their cake. On the other hand the syrup pool is still increasing. Based on this, Can I conclude the reason the cake price is dropping is that people outside the pool are selling their cake?

0

15.10.2021

Evodude · Accepted Answer

Evodude

Yeah, I also don't understand, looking at how the regular economics works, if the inflation is high shouldn't you increase interest rate? So why is the APY only becoming lower?

0

15.10.2021

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When it comes to the whole apy what I see

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