If you’re interested in profiting form the current Negative interest

Question

If you’re interested in profiting form the current Negative interest

rates (~37%), here’s a short guide🙂

https://twitter.com/peddy2612/status/1649323106920546305?s=46&t=vS4R6tCrb1X7xU39avEuFg

#blockchain #cryptocurrency #defichain #english

0

21.04.2023

5 ответов

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Zachary Chan

Junxian Lin
What is the interest paid out in? Sorry, couldn't ...

He’s just talking about the Negative Interest Dusd loans. The current NI is always available on the wallet.

0

22.04.2023

Zachary Chan

It’s negative interest. So when you take a Dusd loan, the loan actually decreases in size over time, instead of increasing. So your loan technically pays itself back.

0

22.04.2023

Junxian Lin

Zachary Chan
It’s negative interest. So when you take a Dusd lo...

Okay. In his tweet, he mentioned this, Low risk: Take up a DUSD loan, do nothing, and still earn free money from the negative interest. The negative interest will continue to accrue over time, multiplying your rewards.

0

22.04.2023

Zachary Chan

Junxian Lin
Okay. In his tweet, he mentioned this, Low risk: ...

Yes exactly. In a normal loan, think a bank loan. If you take a loan or a use your credit card, you are ‘charged’ interest rate, so you loan keeps getting bigger until you fully pay it off. Negative Interest is just the opposite. You are ‘paid’ the interest, so your loan keeps getting smaller. This system has been around since Sept 2022, although various different dfip proposals since then have been created to improve it.

0

22.04.2023

Junxian Lin · Accepted Answer

Junxian Lin

What is the interest paid out in? Sorry, couldn't find answer in the blog article.

0

22.04.2023

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If you’re interested in profiting form the current Negative interest

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