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RE: Mirror Protocol - An Introduction to Synthetic Assets

in LeoFinance3 years ago

"Something about mirrors" could be mirror protocol, so if he's active in their discord I might know him.
There is defi on most major blockchains now though. 80% APR implies annual, not monthly (80% monthly is more like 960% APR. I see yields like that sometimes, but they rarely last long and always come with substantial capital risk.

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Yes annual not monthly but because he is restaking profits it is higher monthly he said

Compound interest is a powerful beast!

Yeah, I talked briefly with him a few days ago. If I recall right he got defi tokens or something on the cheap last year