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RE: Leo Talk 4/11/2021 -Come Join Our Chat

in LeoFinance4 years ago

Well the insane APR from before was essentially a ponzi since the only reasons why prices were high were because of the people buying in later.

However I don't think it is entirely a ponzi since there is a base amount of rewards from the curation aspect of DCity. So at worst, people will just have to deal with a 15% or 16% APR if everything plays out.

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Ah okay. So they are still making a decent return, proportionally speaking.

Posted Using LeoFinance Beta

Yea you still get a decent return but its not the return that most people were hyping for so I expect a bunch of people to complain.

Posted Using LeoFinance Beta