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/biz/ - Business & Finance

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57089642 No.57089642 [Reply] [Original]

>30% stables lending APY on AAVE

>> No.57089726
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57089726

>>57089642
No way right?
I have a 4 figures stable loan there and did not check for a while

>> No.57089884

>>57089642
>6% stable borrowing APY on compound
extremely comfy

>> No.57089906

>>57089642
>>57089726
Bulls are so euphoric they don't care about paying those insane rates for levering up kek

>> No.57090192

>>57089906
hey, as long as they keep making the rent payment it's fine by me

>> No.57091856

>>57090192
They're about to stop paying you as some will close their longs and some will get liquidated

>> No.57091873

>>57089642
>>57089726
>retarded frog, doesn't understand algorithms
The rate changes by the moment. When more of the pool is borrowed the rate increases and when less is borrowed the rate decreases. Borrowing at 35%+ isn't sustainable for very long
You should look at the average over 30+ days, it's probably close to about 6%

>> No.57091926

>>57089642
>AAVE
Sheeeeiiiiittt