A while back, Saturn had their agency send out a message asking if anyone was interested in applying to be an ambassador. I saw it was from YZI Lab, so I thought, why not give it a shot? Then they said you had to deposit money to apply for the ambassador role. In a moment of impulsiveness, I went ahead and deposited. Played around with it, and after a week, they announced they were canceling the ambassador recruitment. So I basically deposited for nothing. Luckily, I only put in 2000. After forgetting about it for a while, I checked back and found it had dropped to 1680. Basically, I did nothing and lost 20%. If I remember correctly, Saturn’s interest rate was 11% APY when I deposited. So I lost 20% in just a few months chasing an 11% yield. Honestly, I can’t stop laughing at my own moves. Good thing I only put in 2000. I can’t imagine how the big players on the deposit leaderboard are feeling right now. From my understanding, Saturn was originally meant to serve on-chain users who couldn’t buy U.S. stocks. But who would’ve thought that in just a few months, several exchanges would develop tokenized U.S. stocks so well? Now you can directly buy $STRC, which means choosing Saturn instead of directly buying $STRC just adds another layer of risk. You can imagine Saturn is probably in a pretty awkward position right now. $STRC ties its fate to $BTC, and Saturn ties its fate to $STRC. It’s like a whole nesting doll game. Do you guys think my 400U can bounce back?
