Rugging is something that you ought to be aware of, siri. You cannot distinguish between legit projects and sort of a more ponsy like ones where you have way higher risk of failure. These are kind of, what, youknow, more alcoholic puri ponses, or like pure ponsinomina. So not that they can't go up ten axs, because they absolutely can. Ah, but just that, a, you are very much requiring more people to enter the game. Whereas for a lot of defid now, nobody knew has to enter the game,. Itdoesn't require ever larger amounts of new money for it to sustain.
Crypto commands unusually high yields relative to the traditional financial system, allowing investors to earn 20% on fiat and stablecoins and even more on other assets. In this episode, Su and I unpack a very simple question: Where are these yields coming from?
Topics discussed:
- Unpacking the three major sources of yield in crypto
- How sustainable are they?
- What are the risks?
- How the GBTC premium or discount affects the market
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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