How did Hodlnaut managed to give such a high APY interest on crypto? Thanks for anyone that can explain :)

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Hello!

Social Media Manager of Hodlnaut here.

We lend out the assets we receive to established and vetted financial institutions that pay an interest rate.

As for the attractive interest rates, we analyze supply and demand on our available crypto assets to set a fluctuating interest rate that adjusts as market conditions change. Also, we take earnings from our previous months into consideration.

Hodlnaut takes a small portion of the interest earned from lending and passes the rest on to our users. We also lend out the assets to decentralized protocols and earn interest from there.

Hope this helps!

Do let me know if you have any other questions.