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CRO saved itself.

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by COINS NEWS 121 Views

With the recent LUNA fiasco, it's pretty evident CRO made a costly move that in the long term has saved them from a complete slaughter.

The rates they were offering could not be maintained long term and after they realised they had so many users in a 6 month locked contract they knew any move they make has damage control. They timed it perfectly with the LUNA crash for their reasoning to be self explanatory that the interest rates were not able to be maintained.

Yes the rates are not as good as they once were, but look at federal banking rates and then come back to crypto rates. We are just greedy and want more, that's not on them.

Although that spread is abysmal.

submitted by /u/AkkyYT
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