News for hackers. Stuff that matters.

A comment on Crypto dominoes fall in the wake of FTX's collapse. Parent comment

Re:Crypto dominoes fall in the wake of FTX's collapse by luckylion on Thursday November 17, 2022 @10:39AM (#33640438)
Probably geofenced, it works for me (Germany) and shows the offer

> Earn 16% on Crypto

> Make your idle digital assets work for you with Nexo. Start earning up to 16% APR, paid out daily.

[ Parent | on HN ]
Re:Crypto dominoes fall in the wake of FTX's collapse by opendomain on Thursday November 17, 2022 @11:17AM (#33641069)
can you grab a screenshot?
[ Parent | on HN ]
Re:Crypto dominoes fall in the wake of FTX's collapse by luckylion on Thursday November 17, 2022 @11:39AM (#33641440)
https://archive.ph/Dzojr this is what it currently shows to me
[ Parent | on HN ]
Re:Crypto dominoes fall in the wake of FTX's collapse by xorcist on Thursday November 17, 2022 @11:19AM (#33641106)
"Up to". Aren't all of those high yielding services strictly in some crazy token that is bound to constantly deprecate?
[ Parent | on HN ]
Re:Crypto dominoes fall in the wake of FTX's collapse by MerelyMortal on Thursday November 17, 2022 @11:39AM (#33641453)
Isn't that what BitConnect was?
[ Parent | on HN ]
Re:Crypto dominoes fall in the wake of FTX's collapse by pakitan on Thursday November 17, 2022 @01:05PM (#33643010)
They are. The highest 16% is offered for the Polkadot shitcoin. Without even touching Nexo, you can get 12% just by regular Polkadot staking. To get the 16% that Nexo offers, you need to have 10% of your portfolio in Nexo's own shitcoin and thus you're moved to the "Platinum" level, which is eligible for higher yields. Of course, as you say, Nexo's shitcoin is bound to depreciate.
[ Parent | on HN ]