Many people see the APY of Bybit Alpha Farm and their first reaction is: "Isn't this a Ponzi scheme?" But I think everyone might be looking at it the wrong way. What Alpha Farm is doing is not "high-interest savings," but rather bringing the liquidity logic of DEX into CEX. How do traditional CEXs operate? Market making relies on the exchange + professional market makers, and users can only take orders, earning no trading fees. How does DeFi operate? LP

FARM-8,92%
DEFI3,74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)