Sorry, no “fully collateralised” product delivers 10% return per day, doubling every week, turning 1$ into a million billions within a year, enough to buy the entire GDP of the USA over that same year 50 times over.
(Or, if there is such a product and you have access to it, let me send you a dollar, and you give me the US GDP in a year and keep the other 49 US GDPs for yourself for services rendered).
If you dont understand that market then you will keep adding irrelevant conditions
None of the crypto products offer those yields for very long, there are enough different products that capital can keep moving between them to sustain a given rate to investors
Whatever is being offered - from the legitimate services - is not different than what banks had been doing with customer deposits
Like I said, WHY people pile into any particular custodial solution is because they cant or don't want to discern
If you want to debate about the skepticism that should have been lobbed at a compounding version it doesnt add anything to the discussion
Outside of crypto nowhere is offering 10% on anything over really any time period, inside of crypto services are offering 1000% of percent briefly with any managed solution being able to give 10% comfortably, it would be easy to make slightly more enticing accounting and easy for an investor to not be able to discern which tweak is the bad one. Many people also just like high yield investment schemes and plan to get out before the mathematical impossibility rears itself
