Hello there
And BAT has been a favorite there as its interest rates went on to go as high as 33%. Compare that with the banks which provide rates in the vicinity of 6-8% at best which do not even beat inflation.
These high interest rates on BAT has also led to BAT pumping because users are buying BAT to borrow and lend on Compound platform and enjoy the high interest rates.
What do you mean exactly, that people can lend BAT and get a 30 percent APR?
Vitalik summed up my thought.
RE: Why is BAT increasing and will it hold?