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RE: HIGH APY - does it make you EXCITED or discourage you from investing in DeFi Projects
hello @crypto.piotr,
Personally I think there is a very big difference between creating a community that uses a token and creating a token that should be used by many people.
When offering a large APY it usually attracts investors who want quick profits, but for all long term investors offering a large APY reminds us of pyramid schemes.
The success stories I know of are made up of communities that develop their token, which grows little by little as the community grows.
Creating a token that grows slowly is much better than a token whose main attraction is a high profitability.
A slow and healthy growth from my point of view is much better than a fast but fleeting growth.
It seem that we're both on the same page.
Wise words @trabajosdelsiglo
I couldn't agree with you more.