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0 pointsironlake3y ago0 comments

Terra Luna offered some great DeFi yield opportunities.

Unrealistic yield is one of the hallmarks of a ponzi scheme. The DeFi yield opportunities require more money to flow in than to flow out.

Apple stock, for example, pays a dividend that is not dependent on more people buying Apple stock but on the company profits for the next quarter.

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SkyMarshal3y ago

>The DeFi yield opportunities require more money to flow in than to flow out.

Not exactly. In DeFi they just give you newly printed tokens. That's the "yield". Why wait for money to flow in when you can instead print it at will.

j / k navigate · click thread line to collapse

0 comments

SkyMarshal3y ago

>The DeFi yield opportunities require more money to flow in than to flow out.

Not exactly. In DeFi they just give you newly printed tokens. That's the "yield". Why wait for money to flow in when you can instead print it at will.

j / k navigate · click thread line to collapse