Comment on page
Real World Example
- John has $10,000 in a bank earning $1 a day in interest.
- John can instead "Flashstake" $10,000 and redeem $365 today, instantly.
- John retains 100% control of his $10,000 and can unlock it in full after one year.
- John can withdraw his $10,000 early by paying back a decreasing percentage of his $365
- John has just sold the future time value of his money for upfront capital.
Last modified 9mo ago