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A comment on Ethereum Has Issues. Parent comment

Re:Ethereum Has Issues by dabeeeenster on Thursday April 14, 2022 @04:56PM (#31033187)
"One example is on Kaurura. I have KSM, Stake that KSM for a 19% APR Rate. Throw that LKSM into a vault and mint AUSD as long as i have 160% collatoral ratio. I can then use that aUSD i printed, buy other assets and participate in liquidity pools, which are giving anywhere from 50% to 300% APR."

I'm sorry, but this sounds ridiculous.

[ Parent | on HN ]
Re:Ethereum Has Issues by quickthrower2 on Thursday April 14, 2022 @06:34PM (#31034247)
It sounds like someone at a horse track who has brought along his loan shark.
[ Parent | on HN ]