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Danny-

Am I correct in thinking you can borrow then lend

back and earn 17%?

#anchor #cryptocurrency #english
0

8 ответов

6 просмотров
Mayank-Grover (Will never DM first or ask for funds)

You can borrow UST and use to put it in Anchor.

0
20.03.2022
Danny- Автор вопроса
Mayank Grover (Will never DM first or ask for funds)
You can borrow UST and use to put it in Anchor.

OK, and as the borrow cost is only 2.19% I am earning around 17% correct

0
20.03.2022
CryptoSaiyan-

nah you still pay the borrow fee. So it would be like 7%. but you will also earn distribution% in ANC

0
20.03.2022
Danny- Автор вопроса
CryptoSaiyan
nah you still pay the borrow fee. So it would be l...

Yes, but if I sell the ANC then my real interest rate is around 2% correct?

0
20.03.2022
Mayank-Grover (Will never DM first or ask for funds)
Danny
Yes, but if I sell the ANC then my real interest r...

I prefer you to read the documents about borrowing docs.anchorprotocol.com

0
20.03.2022
CryptoSaiyan-
Danny
Yes, but if I sell the ANC then my real interest r...

assuming ANC is same price or goes up then yes

0
20.03.2022

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