Can you explain me this farming in one sentence? It is like loaning for interest? Where does the value come from?
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Can you explain me this farming in one sentence? It is like loaning for interest? Where does the value come from?
You get paid out in the token of the farming platform - they encourage you to stake that token by offering you an even higher return on that - the value comes mainly from people buying that token to earn those higher rewards.
It's basically all a high risk decentralised ponzi scheme.
thanks I get it, but why then Cub is going this way? I mean if this is ponzi...
I guess with the right tokenomics it could evolve into something sustainable.