Thank you Primer as well for supporting the network. You are earning your pay and we appreciate it. Monero is real money and we believe in free markets, so you are free to do anything you want with your Moneros that you get for this service you provide us. Your selling them actually helps the community to grow by distributing coins and keeping prices reasonable for others to buy in.
Most of those who were borrowing my coins to short have covered now sadly. Still a few open, and the .5 to .9% interest is amazing. I have decided I will not lend at .1% anymore, my minimum now is .5%, and I will only lend some there, the rest will be at 1% or higher. I had some coins lent at .1% when it spiked up ,and as a result I wasnt able to get them out on loan at much higher rates. Its better to loan at 1% for a couple days than it is to loan at .1% for a couple weeks. We should all do this as it increases our Monero income and creates buying pressure, as shorts must buy to pay interest.
This community is top notch and very skilled. Not having a GUI for almost 2 years was a great choice, it attracted the technical gurus to the community while keeping Monero away from the get rich quick people, while the devs worked to continuously improve Monero.
Curious, is this a taxed thing? Since it is in Crypto and paid in Crypto, it needn't be claimed on taxes?
They are free monero. When I eventually sell them I'll pay taxes.
That was my understanding since they never touch USD. Excuse my math but what is the return on .5% over 1 month for X Monero? (Maybe a cumulative calculator link? lol)