RE: Binance luring hive deposits with a 45% APR

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Learned something new.

I have no idea where is the APR coming from but I will investigate.

Thanks for posting here.

hive-180505
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Yes, something is cooking, especially our experience with Binance has been terrible.

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Yes that is interesting point sir. Plesse investigate. Will wait for your post.

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@edicted wrote a post a week or so ago speculating on where the APR might be coming from. Might be worth checking it out.

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It spiked after binance allowed future trading for hive.

It was as high as 70%+ once but it didn't lasted long.

The more people add to simple earn, the lower apy will be.

And the more they borrow for future trading, binance can charge them more fees and pay a portion of those fees to the people who hold hive in simple earn.

It's the reason that every day apy changes.

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