Post
Topic
Board Economics
Re: Crypto Passive Income - My Experience
by
Darker45
on 02/06/2021, 14:42:52 UTC
LOL. I'm pretty sure affandi meant something else, probably daily yield on a 600% to 700% annual rate. After all, APR means Annual Percentage Rate. The annual rate could be true, 600% to 700%.
Doesn't anyone else find that claim to be a bit odd, or am I just completely out of the loop?  700% is almost 2% daily, and there's no asset I know of that pays out that kind of income.

I'd say there's probably no other asset which offers that kind of APY or APR level.

I cannot go through all the platforms listed by the OP but, yes, they're currently being offered. Take PancakeSwap, for example. Here's a screenshot of what the platform is offering in its farms right at this very moment. You may notice that there is even an APR of more than 862%. That's the QuarkChain Token (QKC) and BUSD pair.


https://pancakeswap.finance/farms