Beats any traditional savings account 🤑 9% interest babyyyy

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How does this work?

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No more concern than credit card interest rates would bring for a card with a high limit. Also the crypto lending sites show what interest they are lending out at. Usually 20-30% which falls within high credit interest rates.

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Hope you done intend to try to redeem those coins. The I lay folks willing to pay 9% on USDC are folks who can not get kyc’d because they are engaging in illicit activity. Read fine print. Centre can burn your coins 🔥🔥

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Wait til Director 1 finds out the interest rate being paid by the person borrowing is closer to 20-30% (depending on the coin). 9% is what you get for depositing the money that will be lent at much higher rates.

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Nice! I just opened an account with BlockFi and they’re at like 8.6% for USDC which is a good feeling :)

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I’ve long given up on HYSAs - Marcus used to be good way back in the day but that was a long time ago

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Next step on your journey is Defi stable coin farms

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It comes with risk, but I’m satisfied currently.

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WOAH 😨

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What is this?

Voyager

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Teach me

Familiarize yourself with ethereum based defi. Get an understanding of smart contracts and how to use a wallet like metamask. Yearn.finance is a good place to go for some single asset audited farms

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