Justin Sun: No Reason to Doubt High-Yield Staking, Interest Subsidized by Corporate Profits
BlockBeats News, September 4th, Justin Sun responded to the questioning of the "Huobi HTX High-Yield Financial Product" as follows:
Similar to the current industry's popular instant rewards (free lunch), the high-yield interest rate is 100% subsidized by the group, essentially for the sake of competing for users between trading platforms. The subsidy logic is also very simple: user growth brings trading volume growth, which is worthwhile in the long run;
Huobi HTX is still in the early stage of growth, considering other factors after increasing asset immersion;
The Merkel Tree proof has been released for nearly 34 months, ensuring fund transparency;
The current group has an annual profit of tens of billions of U.S. dollars, so no one should question our ability to subsidize, right?
Finally, Justin Sun stated that there is no reason to question the Huobi HTX demand deposit financial product, as funds can be withdrawn directly.
You may also like
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
