>>donsup+(OP)
I imagine (and hope) those 5k where mostly crypto bros who knew what they were getting into. Who else expects 15% returns from a "safe" investment?
>>riffra+v3
I didn't invest because it was only 15% gains. Sad, but true. I actually read them their material & saw it was based on Anchor Protocol. When I saw that it was based on UST, and I couldn't figure how UST was backed by anything I understood, I opted out. One of the few times in crypto where I felt "do you won research" paid off for me.
>>vkou+0a
Anchor protocol is/was paying around 20%. That was my benchmark. When I saw these guys were paying 15% and looked like a bank on the surface, was initially more interested because they looked established. Then I read up on it and changed my mind. Essentially it’s just anchor protocol with a fancy abstraction layer.