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Topic	Stock Topic 22
red sox 777 02/18/21 12:47:23 PM #86:	GameStonk posted... Ha, I had that same thought. I guess some people with millions of dollars invested might not want it loaned out? In either way, I've now maxed my BTC, ETH, and LINK for free moneys. And the great thing about it is that the interest is accrued in tokens--so the more these are worth, the more your interest really becomes. There's probably some risk that your counterparty won't be able to pay it back. So you get interest to compensate you for that risk. It's like how loans of GME stock were going for 150%+ interest at one point. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:950793935] in Stock Topi... [t:79301581]...</cite> <quote>GameStonk posted... </cite> <quote>Ha, I had that same thought. I guess some people with millions of dollars invested might not want it loaned out? In either way, I've now maxed my BTC, ETH, and LINK for free moneys. And the great thing about it is that the interest is accrued in tokens--so the more these are worth, the more your interest really becomes.</quote> There's probably some risk that your counterparty won't be able to pay it back. So you get interest to compensate you for that risk. It's like how loans of GME stock were going for 150%+ interest at one point. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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