MultiversX Tracker is Live!

ive been depositing $1/day into aave and my bank for months — the difference... was startling [EXPERIMENT]

Etherum Reddit

More / Etherum Reddit 22 Views

ive been depositing $1/day into aave and my bank for months β€” the difference... was startling [EXPERIMENT]

so ive been running a small real world experiment: depositing $1/day into Aave and a traditional bank account.

same dollar, same time frame.

one compounds ~6% APR in real time, block by block.

the other pretends 0.3% is yield ????

aave: ~$91.30

bank: $90.05

difference of $1.25, which when scaled to $30k is a $416 difference...

is defi's yield advantage sustainable long term? how do banks ever hope to compete?

(check my video in the first comment!)

submitted by /u/haochizzle
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments