So it's more effective as a marketing ploy rather than a real money earner, still better than nothing!
Posted Using LeoFinance Beta
So it's more effective as a marketing ploy rather than a real money earner, still better than nothing!
Posted Using LeoFinance Beta
I think it puts a floor on the price though, because if the price say dropped 75%, then the BNB rewards yield would increase to more than 0.01% per day, which is almost 4% p.a. yield. So hopefully the price is not going to drop that much, but once the BNB yield starts increasing it provides support for the price for those seeking yield.
Also another way to think of this example is that the TVL increases 4X.