It's not actually 126% interest...
They were advertising that 126% interest, which I thought was a little strange as such high interest rates are generally unsustainable and thus often utilized in scams and rug pulls, so I decided to check it out. It's not actually 126% interest, but 26% interest paid back in 180 days. You purchase a share in their "Revenue Share" program, which costs 1000 satoshis. You don't get the 1000 satoshis back. At the end of the 180 days, your account would have 1260 satoshis, not 2260 satoshis (which is what you would have had if it were truly a 126% interest rate.) The original investment of 1000 satoshis (which is taken when the share is purchased, but returned along with the interest over the 180 days) should not be counted as part of the interest, but is the principal upon which the interest rate is calculated. I'm not really a fan of the misleading wording for their Revenue Share program. That being said, 26% return over 180 days is still a pretty good rate. It remains to be seen if this site will really pay out.
