Fixed-term investments that haven't arrived by the due date! Two weeks ago, Gate launched a fixed-term investment product for LPT. The 14-day fixed-term APR was a whopping 160.81. At the time, OKX's LPT lending rate was around 20%. So, a simple arbitrage strategy: 👇 Borrow on OKX → Deposit on Gate Easily pocketing a good interest rate spread. The fixed-term investment was supposed to mature today, with the redemption time shown as 08:30 on February 13th. But the redemption hasn't arrived immediately. The same thing happened with several other coins I invested in a few days ago. But OKX still has to pay interest! I've been tricked again! 🥺 Note: The above is just rambling and a simple rant, not investment advice. Please do your own research! DeFi enthusiast: BitHappy
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