The point was to show people how to do it if they so please, not to help them make an informed decision. I'm not a financial advisor.
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The point was to show people how to do it if they so please, not to help them make an informed decision. I'm not a financial advisor.
Posted Using LeoFinance Beta
I just think we should be upfront with all the downsides, especially if your title is saying there's a 77% APY - we should be clear of the fees and the conditions.
As far as the instructions go, yes, it's a good post!
I'm merely talking from the perspective of someone whose been there with other sites - I see an advertised rate, I dig for 10 minutes, I'm annoyed when I find the ACTUAL rate without a lock is considerably lower than the headline one, I don't invest.
If you look at the calculated APY on the pool, it's still over 77% - at 78.11% currently. The APR is 57.75% so that may be what you're looking at.
Either way - I get where you're coming from. There should be a disclaimer on the bridge itself that mentions 0.25% fee.
Ah OK I stand correct on the APY/ APR!
That's a fair point about the bridge - it's an excellent very fast bridge it has to be said, but yes a fee reminder would be good!
APY/APR can be confusing and can easily be mixed up. The bridge is sliiiiiick!
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