Passive income of 15% per annum in USDT and USDC

[RemanCrypto]

There is an idea and opportunity for realization of cryptocurrency bank, which will allow investors to receive 15% per annum in USDT and USDC.
For a deposit of 1 month, the investor will receive 1.25% of the deposit amount (taking into account compound interest, we obtain more than 16% per annum, if you reinvest the profits).
I want to understand how interesting it is? Perhaps there are better suggestions?
I would be grateful for any thoughts, ideas and questions to better evaluate the idea.

!Update 10/21/2022!

Cryptocurrency investment fund CryptoInvestDAO is open!
Passive income of 1.25% per month (more than 16% APY) in USDC, USDT, ETH.

Subscribe to our social networks to keep up with the latest news.
Telegram Channel: https://t.me/CryptoInvestDAO
Telegram group: https://t.me/CryptoInvestDAO_chat
Twitter: https://twitter.com/CryptoInvDAO

Detailed information about the work of the fund on the website https://CryptoInvestDAO.com

!Update 02/23/2023!

Beginning March 1, 2023, the monthly deposit interest rate will be reduced from 1.25% to 1%.

[batang_bitcoin]

If you see a 15% annual profits for your deposits of stable coins, that would be the highest that I've seen.
Because binance offers 8% and with a cap of only $2k deposit while for the others, it's like 10% and maybe 12% was the highest that I've seen.
And that's why if there's a 15%, it's doable but I guess that they'll have to drop down that interest soon when they've got a lot of depositors already.
What platform is this?

[vv181]

If you found it interesting, then firstly try to explain the scheme in which those numbers of interest are possible or expected.

How can you be sure that the number is correctly suggested, where the profit comes from, and how does the money of investors get circulated?

Do note and be in mind about the stories of Celcius and UST, and how they promised and promote about the interest that the investors could get. As a matter of fact, those kinds of platform is ceased, and proven unsustainable.

[Bitstar_coin]

You have to check the track record of the platform with such offer, especially on stablecoins, the highest i have seen from a legit platform is around 10% per annum, except for terra ust which offers 20% back then but that is history now.
Nowadays, most platforms use this high return of investment method to lure investors to their platform initially as stated by @batan_bitcoin but as more people join the percentage will be dropped. So don't expect it to continue this high.
If you want, you can take it but it will most likely be for short term.

[RemanCrypto]

If you see a 15% annual profits for your deposits of stable coins, that would be the highest that I've seen.
Because binance offers 8% and with a cap of only $2k deposit while for the others, it's like 10% and maybe 12% was the highest that I've seen.
And that's why if there's a 15%, it's doable but I guess that they'll have to drop down that interest soon when they've got a lot of depositors already.
What platform is this?

The bank will operate as a DAO, initially deposits will be only for 1 month. Before each new cycle, the yield for the month will be indicated. At the moment it is 1.25%. We cannot guarantee that the same percentage will be in a year. The market always dictates the conditions, our task is to remain interesting to investors.

[batang_bitcoin]

If you see a 15% annual profits for your deposits of stable coins, that would be the highest that I've seen.
Because binance offers 8% and with a cap of only $2k deposit while for the others, it's like 10% and maybe 12% was the highest that I've seen.
And that's why if there's a 15%, it's doable but I guess that they'll have to drop down that interest soon when they've got a lot of depositors already.
What platform is this?

The bank will operate as a DAO, initially deposits will be only for 1 month. Before each new cycle, the yield for the month will be indicated. At the moment it is 1.25%. We cannot guarantee that the same percentage will be in a year. The market always dictates the conditions, our task is to remain interesting to investors.

It's understandable, if they have that rule of having a fixed monthly of 1.25% then that's good enough already.
What's this bank? So by that title, it means that they're registered locally and have their operations certified by the government. Looks promising then if the bank will run as a DAO and also, registered and licensed.

[rat03gopoh]

our task is to remain interesting to investors.

You mean, interesting to investors in a ridiculous way? There are only 2 possibilities of promising high returns just to attract more incoming funds, they speed up bankruptcy or slowly scam you like ponzi way in general. You have to analyze the fairness of the returns as well, don't just be blindly attracted to high numbers.

[vv181]

our task is to remain interesting to investors.

You mean, interesting to investors in a ridiculous way? There are only 2 possibilities of promising high returns just to attract more incoming funds, they speed up bankruptcy or slowly scam you like ponzi way in general. You have to analyze the fairness of the returns as well, don't just be blindly attracted to high numbers.

Agreed, remaining interesting to investors while not explaining the underlying scheme seems like an outright ponzi. And incorporating "DAO" isn't give it any better, remember when Solana's DeFi platform DAOs' are agreed to do a hostile take over of someone's account.

The recent bear market gives some centralized cryptocurrencies platform catastrophe until they get bankrupt. Making a new one under the disguise of DAO in the current market condition should be done with thoughtfulness not by solely finding a way to remain appealing to investors in whatever promotion or scheme that it would offer.

[RemanCrypto]

our task is to remain interesting to investors.

You mean, interesting to investors in a ridiculous way? There are only 2 possibilities of promising high returns just to attract more incoming funds, they speed up bankruptcy or slowly scam you like ponzi way in general. You have to analyze the fairness of the returns as well, don't just be blindly attracted to high numbers.

Cryptobank will be based on a DAO, accordingly a list of all depositors and their share in the treasury will be visible. On the day of profit distribution the whole amount will be in the treasury, investors can decide on the full or partial withdrawal of funds. With this approach you cannot build a pyramid.

[RemanCrypto]

If you see a 15% annual profits for your deposits of stable coins, that would be the highest that I've seen.
Because binance offers 8% and with a cap of only $2k deposit while for the others, it's like 10% and maybe 12% was the highest that I've seen.
And that's why if there's a 15%, it's doable but I guess that they'll have to drop down that interest soon when they've got a lot of depositors already.
What platform is this?

The bank will operate as a DAO, initially deposits will be only for 1 month. Before each new cycle, the yield for the month will be indicated. At the moment it is 1.25%. We cannot guarantee that the same percentage will be in a year. The market always dictates the conditions, our task is to remain interesting to investors.

It's understandable, if they have that rule of having a fixed monthly of 1.25% then that's good enough already.
What's this bank? So by that title, it means that they're registered locally and have their operations certified by the government. Looks promising then if the bank will run as a DAO and also, registered and licensed.

It's nice to communicate with an intelligent person who tries to understand the subject and asks the right questions.
Cryptobank is a working name for marketing purposes, to make it easier to get the idea across to people. I know that it is forbidden to use the word "bank" in the name of the organization without an appropriate license. At the moment we are not going to get a banking license. There are more questions than answers with the DAO licensing so far. As far as I know, DeFi is not currently regulated. Of all the DeFi protocols, only AAVE recently received an e-money issuer license, and they applied for that license back in 2018

[Findingnemo]

There is an idea and opportunity for realization of cryptocurrency bank, which will allow investors to receive 15% per annum in USDT and USDC.
For a deposit of 1 month, the investor will receive 1.25% of the deposit amount (taking into account compound interest, we obtain more than 16% per annum, if you reinvest the profits).
I want to understand how interesting it is? Perhaps there are better suggestions?
I would be grateful for any thoughts, ideas and questions to better evaluate the idea.

First ever thought is it can't be real, no platform can simply give 15% interest for all the deposits either they may assist with the loss or the value will be at 8 to 10% to cover up when their market is in loss.

I won't trust the website who is saying they guarantee the return unless they prove it for a while l.

[Jawhead999]

My thought regarding this particular passive income/staking from centralized coin is the risk. The risk is really high than invest in Bitcoin because you don't know how trustworthy is USDT and USDC, there's a news if the CEO can freeze their coins on your own wallet. Another thing is how trustworthy the pool or centralized party you want to put your coins into. If the pool or centralized party have bad security, there's a chance can be hacked.

While if you invest in Bitcoin you will have almost 100% security and the income high likely higher than 15% APY when you hold for at least 4 years.

[cryptoaddictchie]

If we are gonna talk about such high return on stablecoins then its a long way debate. Most users are also after some pretty high gains.  But we shouldnt fall on this. I am once fool on that and majority of crypto users. Im talking about ust staking. Well the percentage is pretty good and has decent profit from it but due to such feature or backed system it go down just like that. Many have suffered huge loss so think uf something easy to gain can ne achieved easily.

[arwin100]

There is an idea and opportunity for realization of cryptocurrency bank, which will allow investors to receive 15% per annum in USDT and USDC.
For a deposit of 1 month, the investor will receive 1.25% of the deposit amount (taking into account compound interest, we obtain more than 16% per annum, if you reinvest the profits).
I want to understand how interesting it is? Perhaps there are better suggestions?
I would be grateful for any thoughts, ideas and questions to better evaluate the idea.

Its quite intriguing to see how big there offer to their depositor but anything offer beyond to what we expect is bit shady since somehow there are scammers use this as bait so that they can scam their prospects. So you need to be more careful upon participating on that since I would rather trust binance because they are much trusted compare to any random site who offers the same like and yet they don't have any reputation which we can rely on.

[inthelongrun]

Smells fishy for a so-called legit crypto bank offering 15% per annum interest using stablecoins. It seems like a Ponzi scheme trying to prolong the period of survival in the hope of reaching the next halving and earning huge profit out of it. But they can easily close the company and declare bankruptcy. It is better if you should just buy your own preferred coins and then hold them yourself.

The biggest per annum interest rate I can see at the moment from a registered bank is around 4%. And this is insured at a limit of around $10,000.

[RemanCrypto]

Thank you all for your questions and suggestions!
We will include some of the questions in our FAQ, so thank you once again!
In the near future we will announce the launch of the cryptocurrency fund.

What sites do you usually search for passive income options on?
What aggregators do you find this information on?

[blockman]

What sites do you usually search for passive income options on?

I just google most of them at all times. I understand some basic concepts of earning and can determine if it's doable and not.
A lot of passive incomes has a lot in common and the logic of earning high passively will have that idea of the larger the capital or deposit you'll make, the larger income you'll get passively.
And that's what the scammers are also giving the thought to everyone because they're taking advantage of it and ticks the greediness of many investors.

[RemanCrypto]

Cryptocurrency investment fund CryptoInvestDAO is open!
Passive income of 1.25% per month (over 16% APY) in USDC, USDT, ETH.

Subscribe to our social networks to keep up with the latest news.
Telegram Channel: https://t.me/CryptoInvestDAO
Telegram group: https://t.me/CryptoInvestDAO_chat
Twitter: https://twitter.com/CryptoInvDAO

Detailed information about the work of the fund on the website https://CryptoInvestDAO.com

[RemanCrypto]

Launch of the first investment cycle 🔥

To celebrate the launch of the first investment cycle on 11/25/2022 at 11:11am (UTC), we are increasing the return to 1.5% in USDC for the first month.

The cycle will be launched regardless of the amount of funds raised to show our potential investors and partners how the fund works.

We've updated our website with a mini-guide on depositing and withdrawing funds. Now investors do not have to study the documentation on XDAO beforehand.

P.S. Let us tell you a secret, we are preparing several partnership agreements 🤝. We really hope to get excited with you before the first investment cycle launches.
P.P.S. Just in case, let us inform 😁 that fundraising for the first investment cycle will be suspended when the amount of $1M is reached.

[RemanCrypto]

We just published "CryptoInvestDAO origin story" https://medium.com/@cryptoinvestdao/cryptoinvestdao-origin-story-a3c7cd392360