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RE: BNB Price Shoots Up Above 300$ | Here Are The Top 5 DeFi Staking Apps On BSC

in LeoFinance4 years ago

they are high risk high reward investments, can be all hacked, or the anonymous developer can sell his share making the price fall (sushi case), but they offer higher interest (APY is called) for you letting them to use your crypto for liquidity (where you lose percentage ot impermanent loss) or stacked in pools (kind of not losing value as crypto amount). you want more returns, you go there if you can cope with the risk involved.