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USDC borrow cost 4% APY but earn is paying 11%? what am I missing?

Binance

Cryptocoins Exchanges / Binance 39 Views

Because the title says, is mindless that they're paying virtually 3x as a lot for deposits as what the borrowing value is. And tbh lending at under the speed that a treasury pays also seems nuts. Any person have an evidence for this?

submitted by /u/Terodius
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