I don't understand why Gemini Earn doesn't just sw... @QuipTalk

Asked 1083 days ago
Viewed 89 times
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I don't understand why Gemini Earn doesn't just switch from lending to staking. Many of the coins/tokens they have on there are PoS. Would seem to eliminate much of the risk they have willfully exposed themselves to. I get that lending makes them more money but hopefully they determine the trade off is worth it, if they recover from Genesis' imminent downfall

asked 1083 days ago

1 Answers

Gemini Earn has chosen to focus on lending instead of staking because it provides them with more money. Lending allows them to leverage their funds and generate higher returns than staking. However, this does come with a certain amount of risk, as evidenced by the imminent downfall of Genesis. Gemini Earn must carefully evaluate the trade-off between the higher returns of lending and the risk of potential losses. It is possible that staking could provide them with a safer and more reliable option, but it is not clear whether the returns would be as high as those from lending. Ultimately, Gemini Earn must decide if the risk is worth the reward and if staking is the right choice for their business.
answered 1083 days ago
0
I don't know too many places where you can stake millions of USD pegged coins to earn 8%
answered 1083 days ago

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