Sorry, but I didn't get why we can't guarantee 12% annual interest rates. In order to know it you should understand project finance system and compare loans interest rates, the average amount of loans, the average quantity of loans. If any of our customers have ANY kind of complaint - about Saving account or loans or Conversion, he can always contact Financial commission to resolve the issue. YouHodler is an official Blockchain Association member of Financial Commission, an independent Self-Regulatory Organization (SRO) and External Dispute Resolution (EDR), provider. There are some companies like you mentioned which offer similar services but we offer the best conditions (if we taking Savings interest rate or Loans LTV, etc), so it's our benefits which we are ready to use to compete with them.
Okay. So what happens if i deposit 25 million dollars into your system to generate 12% interest a year?
Will that work? As in, will i actually get 12% interest on my 25 million dollars?
Just answer with a yes or no. If yes, what if i deposit 50 million?
If you offer the best interest returns (12%), you must offer the worst loans. (Or no collateralized loans in which case your investors will pay the ultimate price for this stupid amount of interest.)
There is no way you have any amount of outstanding loans that are comparable to the outstanding capital generating interest. BlockFi can barely offer above inflation rates when you're depositing more than 10
BTC, (2,2%), but you can offer 12%?
Bullshit.