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Institutions are scrambling for retail investor profits.
The poor are fuel, the rich only get richer.
The $40 million reward resulted in a $2 billion increase in the issuance of USD1 within days. Even if all USD1 in the market were deposited into Binance, the APR before the increase was approximately 16%, while the APR after the increase is approximately 9.6%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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