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Midas users: Are you worried? Why or why not?

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by COINS NEWS 193 Views

With Celsius recently stopping withdrawals and a lot of people talking about how "people shouldn't have believed something like Celsius giving interest rates that are too good to be true" etc., it got me wondering. I've seen quite a few endorsements for Midas Investments in this sub (maybe just bots, I'm not sure), and Midas seems to be taking much bigger risks to give a lot more yield.

Straight from Midas's own homepage: Up to 14.5% APY on USDC/USDT, 9.4% on BTC, 10.6% on ETH

https://midas.investments/

Celsius yields (reworded for comparison): Up to 9.32% APY on stables, 8.53% on BTC, 7.87% on ETH

https://celsius.network/rates

So, this is a question to people who are investing with Midas: Are you worried that something might happen to them in this bear market? Have you withdrawn everything to cold storage already? Why or why not?

submitted by /u/preciousbodyparts
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