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Leathermint · 8w
It's very comparable. Strategy has a Bitcoin pool that people help to fill by buying the stock. This pool is then used to develop and fund other yield farming products like STRC. In both case there...
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Kyle Torpey @kyletorpey
The yield in STRC comes from bitcoin's price appreciation. The yield in DeFi generally came from a variety of risky financial activities (such as those with risks like impermanent loss) depending on the specific platform and was oftentimes denominated in a token created out of thin air. That's why they failed. Just because two things generate yield doesn't mean they are comparable. These systems have completely different risk tradeoffs.
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Leathermint · 8w
You're saying it's not comparable because the source of the yield is not exactly the same lol. I'm saying the existence of yield without productive activity is the problem. The fact the their yield come from ngu is just as bad. I'm also fairly certain part of the yield was expected to be paid fro...