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.
Since you made this post in the month of January 2022 at 19% APY (annual per year). In short, 7 months have passed, and the 19%APY that month has now dropped to 16% APY
https://ibb.co/z2nBwtm, the 19% did not materialize within one year. Shouldn't it stay at 19%?
On the other hand, if I compare it with other staking programs, it is undoubtedly higher even though it has dropped to 16% APY as you can see in this picture.
https://i.ibb.co/hRF3BVv/STAKING.pngBut to be honest, I'mnot comfortable with this one, I'm still more comfortable to use binance rather than this one dude.