Just tested #compound https://app.compound.finance/ and it's pretty cool. Lending tokens for DeFi collateral. The #COMP token just pumped like crazy because of Coinbase Pro listing... so I couldn't resist giving it a shot.
Passive income is Niiiiiiiize.
Took a little doing to set it up. Super crazy in fees... but you just pay those on the way in and out, so if the APR stays crazy high like it is right now (which I'm sure it won't) as of this moment 23.80% on BAT.
CRAZY
So if you have a few tokens just sitting around might want to give it a shot. And hopefully there aren't any ETH attack vectors above my paygrade that get us rekt.
OK BUT NOW THE BIGGER QUESTION...
Who's going to create a dapp that can do this for #HIVE? Let me know if the comments below 🤡
NOW SOMEONE PLEASE UNGLUE ME FROM THE COMP SITE SCREEN I CAN'T LOOK AWAY!!!
Yours in the #Hive,
Doug
PS. Thanks to @carebbear for the guidance!
