The ultra-high interest rates offered on bitcoin investments may indicate the return of the bull market, as both centralized exchanges and defi-projects attempt to attract users with rarely seen returns. For example, the experimental defi platform ZeroLend offers an irresponsibly high APR of 61% on a token that follows bitcoin. While bitcoin cannot be natively staked to generate returns, some providers offer 8% returns, while EarnPark gives 15% on investments. However, high returns carry a serious risk, and past failures such as Celsius, Voyager, and Gemini Earn serve as cautionary tales for all.
Posted inCrypto Hot News