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RE: HIGH APY - does it make you EXCITED or discourage you from investing in DeFi Projects

in Project HOPE3 years ago

It is interesting the initial approach because certainly the high interest rates are usually an incentive for those who want quick profits, however for those who expect an investment with long term security, these high interest rates could be a warning that this project has a short life even if it is otherwise stated in its promotion. So we must be careful with quick profits, in my case being prudent is the best alternative especially when we are starting in this process of investing in the blockchain.

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