[Ads-l] New to me "defi staking"

[Mark Mandel]

Better called "defiant scamming".

MAM

On Thu, Feb 17, 2022, 2:30 PM Andy Bach <afbach at gmail.com> wrote:

> From a spam msg:
> I would like to introduce you to a new method of investing that
> yields up to 21% monthly and 160% annually.
>
> Using defi staking, you can provide liquidity and collateral for
> businesses and individuals, earn returns on the amount of money
> you provide.
>
> Apparently:
> DeFi staking, in its most narrow definition, refers to the practice of
> locking crypto assets into a smart contract in exchange for becoming a
> validator in a DeFi protocol or a Layer 1 blockchain and earning rewards
> for performing the duties the role requires. More broadly, DeFi staking is
> often used as a collective term for all DeF activities that require
> temporary commitment of crypto assets.
> https://limechain.tech/blog/defi-staking-explained/
>
> with "defi" being used as an adjective (?) with other verbs and nouns.  Ah,
> just short for "Decentralized Finance"
> https://www.investopedia.com/decentralized-finance-defi-5113835
>
> --
>
> a
>
> Andy Bach,
> afbach at gmail.com
> 608 658-1890 cell
> 608 261-5738 wk
>
> ------------------------------------------------------------
> The American Dialect Society - http://www.americandialect.org
>

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