MultiversX Tracker is Live!

Algorand Folks Finance APR. Cause for Concern?

All Cryptocurrencies

by COINS NEWS 142 Views

Hey guys,

I just want to enquire if anyone here has staked on folks finance for the upcoming Algorand governance period 5. Although there is 4 or so days left until staked amounts are locked in for this governance period, the current APR is 44.08 %. Is this cause for concern? I am aware that as more governors stake gAlgo the APR rate will decrease however as it is quite a hefty percentage I wonder if anyone else has any concern regarding this. I am new to the Folks Finance platform and may be over reacting! Your thoughts or ideas would be much appreciated:)

Many thanks!

submitted by /u/bigchief_penelope
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments