Where does YIELD in crypto come from?
It's 2021.
😡 $1 in Chase earns 0.05% APY.
😲 1 UST in Anchor earns 20% APY!
🤯 1 UST in a market-neutral fund running 50x levered BTC contango trades earns >300% APY!
How are crypto yields SO DAMN HIGH, and is this sustainable? 🧵.
👇
Listening to @mcuban speak tonight he's entirely right about one thing.
Retail doesn't give a shit about decentralization or technology.
They will come to crypto make money.
What will make them stay is ease of use, applications and the ability to generate income.