Although it claims to be fixed income, Solayer's APY fluctuates based on the supply and demand of the fund pool! Last week, when I wanted to make a large deposit, I suddenly encountered a rate cut, dropping from 10.3% to 6.5% in an instant, which made me explode on the spot 💥
The advantage is that withdrawals are really instantaneous, but the disadvantage is that the profit calculation rules are as complicated as advanced mathematics, and you have to use a calculator while depositing...
Suggestion for the project team: Next time before adjusting the interest rate, have a pop-up reminder, otherwise it can easily trigger a heart attack!
Interaction: What is the most frustrating interest rate adjustment incident you have encountered? @Solayer #BuiltonSolayerLAYER #BuiltonSolayer $LAYER