The GambiFi narrative is gradually bringing the $63 billion online gambling market on-chain.
Want to know how to leverage this exodus for 100x gains?
Let's find out ๐งต
/ Overview
Traditional and online gambling are not new concepts. They have been existing for ages.
In fact, it's a fast-booming industry currently growing at a compound annual growth rate of 11.7%.
However, it is not without its challenges. Some of which are:
โข Payments complexities
โข KYC requirements
โข Complaints of rigged systems - unfairness
โข Tax on bets
โข Ban restrictions on some regions
โข and more.
The team at Sturdy discovered that many of its users were not taking advantage of its juicy yields - 16% APR for lenders and over 80% for borrowers leveraging Convex stETH LPs.