35024% annual yield? Even in crypto, that’s huge. When it sounds too good to be true, it often is. How does a protocol achieve this, and how long can they sustain paying out rewards this big? Before I cover that, let’s look into the basics of this protocol.
Thanks for this excellent article, Florian. I've been watching KLIMA as I really like the idea and I want this project to succeed. The anonymity of the folks behind it gives me great pause but I love the concept. It's been dropping like a stone and I can't understand why. But something you raised in your article sparked this question - is there a point to which KLIMA could fall where it would be equal in value to a BCT and would this price constitute a 'floor' for the token? Would that be an optimal buy point?
Thanks for this excellent article, Florian. I've been watching KLIMA as I really like the idea and I want this project to succeed. The anonymity of the folks behind it gives me great pause but I love the concept. It's been dropping like a stone and I can't understand why. But something you raised in your article sparked this question - is there a point to which KLIMA could fall where it would be equal in value to a BCT and would this price constitute a 'floor' for the token? Would that be an optimal buy point?