Enter the world of Decentralized Finance (DeFi), where high return potential abounds. It’s important to take a closer look at any high Annual Percentage Yields (APYs) that sound too good to be true. Although an 80% APY is certainly alluring, knowing the risks and how to assess these opportunities is...
Let's be real. An 80% APY sounds incredible, doesn't it? It’s as hard as winning the lottery each and every month. DeFi (Decentralized Finance) dangles that carrot, with DeFi returns making your average TD Ameritrade account nurse its wounds. But before you plunge boots, body, and wallet first into the...
The answer is yes—that 80% APY you see blinking at you on some DeFi dex is really as good to be true. In Africa, the conversation goes deeper than just the upfront profit. Making sure that this newly emphasized opportunity entails financial empowerment rather than financial entrapment is essential. To...