The three Animal accounts were related and they've all liquidated their Focus holdings and hold around 83K DESO. They made a profit of about 10K DESO since they invested around 73K DESO a year ago.
NebulaPenguin16
TurbochargedTiger61
HarmonicMongoose96
Pretty close to what they would have made if say they had staked their DESO at 20% APY in June '24 (9 months at 20% APY). Still better than doing nothing and holding DESO since they grew their DESO holdings by around 15%.
Surprisingly, they have not dumped or staked their DESO yet - so am assuming they are waiting for a pump that they are expecting soon.
This account has been holding onto this DESO from when it was funded possibly from 2-3 exchange accounts in June 2022. So most likely not Nader - Nader/core would have been early 2021 (unless of course, Nader/core tried to do this via an exchange to create this as a fresh account).
so, 35% APR is basically paying out half of the principle back to the holder of the coin in that first year, if they dont rug.
How is that sustainable? What is left for @Exotica_S after unlocked?
Is this AMM so that the liquidity is based on DeSo ?
Is @Exotica_S at risk? If 35% is paid from locked funds wont the value of that coin go down in value proportionately ?
so, 35% APR is basically paying out half of the principle back to the holder of the coin in that first year, if they dont rug.
How is that sustainable? What is left for @Exotica_S after unlocked?
Is this AMM so that the liquidity is based on DeSo ?
Is @Exotica_S at risk? If 35% is paid from locked funds wont the value of that coin go down in value proportionately ?