ព័ត៌មាន Defi- In early May Virginia got approval to invest pension funds in yield farming.
- Molnar stated that they use high yield replacements to expect higher returns.
Most businesses and industries have experienced a crisis, suffered significant losses, and lost the majority of their retail customers. In order to boost profits, Virginia pension funds spent $6.8 billion in the crypto lending industry.
Strategy in Investing Yield Farming
In early May Virginia got approval to ការវិនិយោគ in the crypto lending form the Yield farming which allows users to lend out their digital tokens to their crypto projects and pay back with fixed stream of payments.
Katherine Molnar, chief investment officer of the Fairfax County Police Officers Retirement System, said in an interview.
"ទិន្នផលមួយចំនួនដែលអ្នកអាចសម្រេចបានក្នុងយុទ្ធសាស្ត្រធ្វើស្រែចំការគឺពិតជាមានភាពទាក់ទាញ ពីព្រោះមនុស្សមួយចំនួនបានដើរថយក្រោយពីកន្លែងនោះ"។
She added that they invest in yield farming to supplement fixed income or to get larger returns than rate-sensitive assets. And they are using it as a high-yield replacement; the expected returns were stated to be closer to nine to eleven percent in one case and possibly a bit higher in the case of the other manager.
She also stated how several recent crypto market crashes resulted in numerous crypto enterprises filing for bankruptcy and suffering enormous losses. The yields available from កសិកម្ម - ទិន្នផល ventures are much higher than those obtainable on credit markets, yet they lack many of the investor protections provided in conventional banking.
For those who are still prepared to offer money, decent profit seekers, the present yields are actually more attractive.
Source: https://thenewscrypto.com/virginia-pension-invests-funds-in-crypto-lend-to-uplift-the-returns/