1% per day is too less. BTC increases more. Why should we convert BTC to lend to you at 1%? No wonder the price is crashing.
Bitconnect are on average paying 0.96% for the last 6 months. Im thinking this is because they have realised they can keep the show going if keep around this percentage.
cryptoxchanger offering 5-6% a day is ridiculous.
I would rather have 1% per day on a $10010 loan for the rest of my life than 5-6% for 3 months.
Its called robotic residual income.