Sphere Finance (SPHERE) Crypto Plunges But APY Rises Amid Perpetuality

Majority of crypto traders act based on their emotions and current hypes. When Sphere Finance introduced a perpetual APY most holders didn’t even understand and then started selling off their SPHERE tokens immediately. Right now the token keeps plunging but APY is jumping higher.

Sphere’s developers have applied a real strategy to sustain the life of the token. When the price goes high APY gets lower and vice versa. SPHERE’s current holders are enjoying the hiking APY after frightened emotional-based traders ran away.

The token is indeed bleeding but it will not continue forever as the crypto has the highest KYC in Obisidian. It means its developer takes responsibility for creating the project.