Damus
Kyle Torpey · 8w
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 t...
Leathermint  profile picture
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 from these tokens going up in value.

Both are the same thing but different.
1
Kyle Torpey · 8w
I think you saying STRC and DeFi yield farming are the same is like someone saying bitcoin and XRP (or insert whatever shitcoin you like) are the same. Maybe that helps clarify why the differences are important, despite the similarity of offering yield. I don't remember any systems similar to STRC ...