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People investing in high yield projects need to learn basic finance

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by COINS NEWS 160 Views

You cannot escape basic finance. Crypto is NO DIFFERENT to everyday finance, here is why.

You cannot have a system where savings are higher than lending rates. You cannot have high APR’s without inflation in the token supply.

High APR’s just mean infinite money printing, and high inflation in the token supply … AKA… your tokens value will tank.

HIGH APY PROJECTS WILL NOT MAKE YOU RICH.

.. 20% apy .. unsustainable. 300% apy definitely unsustainable.

After the fall of Anchor , Celsius, Ohm and other defi projects , it should be clear to you all that they can’t sustain those high rates otherwise the project risks going bankrupt and failing.

submitted by /u/Traditional_Key6164
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