My friend introduce this
https://app.anchorprotocol.com/earnThat seems too good to to be true
19% APY
I want something like this.
It seems that there is no risk. It's UST. Stable coin.
What am I missing?
Other ones.
Тheir idea is sound.
People own bitcoin. Instead of selling the bitcoin they use bitcoin as collateral and they get dollar.
So 19% is actually backed up. Worth putting 1%-2% of money there