Bitcoin maxis are spot on.
You told me same thing when I said cub paying 67% in 2021. You said I was wrong when I said it would fail. 50% is not sustainable at all. It’s simple fact, if ur paid like that it’s because ur taking huge risk. That’s all yield is. The more risk the higher it is. It’s not about bitcoin maxis. It’s a tale as old as time itself.
Seems like you missed the part where I explicitly state that the premium to short Hive at key moments is exponentially greater than 50% APR. This is a ZERO risk proposition, and bringing up CUB is an irrational distraction from the actual issue here.
A 2% funding rate is 4380% APR and spirals toward infinity on the APY scale.
That's a zero systemic-risk situation because the yield is being paid for by individual clients.
What exactly is going to fail?
Binance?
Hive?
You think Binance is going to bankrupt itself offering flex yield on a rank 400 token?
You think Hive is going to fail when Hive isn't the entity providing the yield?
This is nonsense.
You've basically ignored everything I've said in the OP and knee-jerk reacted with a pre-programed response.
Normally you'd be correct.
But you're not.
It's like saying 15%-20% yield on HBD is unsustainable and will fail within a year or two when we've already been offering the yield for 5 years and the debt ratio hasn't gone up at all. The theory was good until it was proven wrong in the field. Binance isn't going to bankrupt itself offering a high yield on a relatively unknown asset. The goal is to find out why they are doing it not knee-jerk react as to why it's unsustainable or not.
LOL
You are keeping me smiling with how you are expressing things.
!PIMP !LADY !PIZZA