Earn rates - surely too good to be true

Do individuals right here hold long term on Binance earn? I lately moved the whole lot to cold storage as a precaution however a few of the rates Binance presents are so juicy and tempting.

I just noticed they are offering around 200% on APE (for instance, I personally don't hold it), they usually persistently have respectable rates on most prime coins. Nevertheless, I perceive high returns only means excessive danger. I keep in mind feeling sceptical of FTX years ago once they began they're lending with comparable excessive rates. I also observed Binance used to call some earn products 'assured' which has been renamed to 'protected'.

I don't use any derivatives, solely buy and hold however I'm questioning if it's someway potential they are sustainably paying these rates. Do they really charge that much curiosity on margin loans for these cash? To me it seems too good to be true and this audit enterprise or lack thereof recently is adding to my scepticism.

TLDR: Binance earn rates seem to good to be true however someway everybody trusts them?