Money market yield on Xend is good.
Let's assume you save โฆ1,000,000 on @xendfinance. The APR yield is 17%.
How much is 17% of โฆ1,000,000?
โฆ1,000,000 ร 17 รท 100 = โฆ170,000
So after one year:
โฆ1,000,000 + โฆ170,000 = โฆ1,170,000
What do you think?
@_JessaWrites@xendfinance The yield is sustainable because it comes from real markets investments. And the 17% APR yield is driven by market conditions, so it can go up or down over time, but itโs backed by real financial assets which makes it more sustainable than most DeFi platforms.