2556% Apr is insanely massive , but my question is will it remain like this or it is just for the time being?
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2556% Apr is insanely massive , but my question is will it remain like this or it is just for the time being?
The rate is dropping fast now but will start to level off after several months.
SPS was a very similar airdrop and it also had a very high APR at the beginning but now after almost 1.5 years it still has an APR of 25% which is quite good. Also something to learn from SPS is that the price rose to around $1 early on, and is now 4 cents.
GLX is 29 cents now and it tempts people who are getting it airdropped for free to sell, but that APR is also tempting them to hold and Stake! I can't advise one way or the other, not investment advice, do your own research as always.