I believe Jack. 2 months maybe a tad quick but over the next couple of years I think there is going to be competition in the space and rates will naturally come down.
nostr:npub12r0yjt8723ey2r035qtklhmdj90f0j6an7xnan8005jl7z5gw80qat9qrx https://x.com/jackmallers/status/1920220995257860399?s=46&t=mQNxGRlQP1PBXOZcdENpVg
Dude says he’s gonna try and get the rates into the single digits over the next months, lending partner is primarily NYDIG, wants to post proof of reserves as well.
I think he’s gonna do the work needed to make these products a reality but it’s gotta start somewhere.
Discussion
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