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SkyEmpire
@skyempire
ยฟDo you know about the first Liquid Staking solution by Near Protocol that offers staking services on #ETH called Meta Pool? Get a 7.15% APY on your #ETH! Plus, you'll receive $mpETH, a liquid reward token. ๐ŸŽ ๐Ÿ”‘ยฟWhat can you do with that token? You can use it as collateral on #Teller to request a loan in USDC!
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nixo
@nixo
how is it offering 7.5%? where does the yield come from? that's too high to just be coming from staking. additional yield = additional risk
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SkyEmpire
@skyempire
Hey what's up? ๐Ÿค“ That APY is incentivized by the Core Team as a promotion but it always drops a little, today's is 6.72% APY and of course after the promotion passes it will drop
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