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Old 07-18-2024, 07:01 AM  
AmateurFlix
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Join Date: Jul 2004
Posts: 7,723
What the fuck is your problem you pathetic retard?

Did you not learn your lesson the last time you started these unfounded allegations and were publicly humiliated?
Did you not learn your lesson after you gave a slew of shit advice that cost anyone dumb enough to listen to you tremendous opportunity?

I am not being paid a cent for this. I am an investor, nothing more. You've been told this before, yet you persist in lying.
You are incapable of making your point and being honest.

A quick defi lending lesson:
This lending pool has two components, TRUNK (an Elephant.Money product) and USDC, which is essentially just USD on blockchain, very little risk, well collateralized.

TRUNK has been experiencing such a phenomenal rise in price lately that people are willing to pay very high APR's to borrow against it. So they're buying TRUNK, using it as collateral to borrow USDC, then using the USDC to buy more TRUNK (pushing the price up) and then they use the additional TRUNK and the resulting price gain to borrow more USDC.
Someone who merely lends USDC and doesn't buy TRUNK can enjoy the uber high APR's from the USDC pool with very little risk involved other than the contractual risk associated with any crypto.

It's worth noting that this savings & loan has gained over $50 million in investment in about a month. There are investors with much larger bags than anyone here putting money in it.

Ignore bitcoin maxis entirely, they are the dinosaurs of crypto and tend to be very ignorant of the rest of crypto as a whole. Bitcoin isn't a bad investment, but it's bitcoin-only advocates give bad advice as a rule.

There is no logical reason to limit yourself to one brand on blockchain when it competitors offer superior results
__________________
Why gamble with bitcoin bubbles, ponzies, and greater fool theory? Crypto has evolved!
Earn massive interest on USDC in DeFi lending pools!
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