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Is Binance working against us? No idea.
But I think that APY is some function of volatility. I think they pay that so people have Steem or Hive locked up and they can lend more to margin traders.
Is Binance working against us? No idea.
But I think that APY is some function of volatility. I think they pay that so people have Steem or Hive locked up and they can lend more to margin traders.
RE: Powering Up HIVE - The Good, The Bad, The Ugly