8 upvotes, 1 direct replies (showing 1)
View submission: Chocolate Finance has paused all instant withdrawals due to high demand
Choco has been incredibly upfront, what they are doing is buying money market and bond fund.
Meanwhile just because they offer an instant withdrawal like a bank, now they think they should behave like bank. In this case it is a double edged sword. People who are spoiled now think that should be the norm.
Comment by fateoftheg0dz at 10/03/2025 at 05:46 UTC*
3 upvotes, 2 direct replies
Gotta deliver on your promise. It’s about trust man:
1. If you say can instant withdraw, ppl will expect instant withdraw and you better deliver on that
2. If you say AXS can earn 2mpd, ppl will expect that and dont say AXS rug pull when Chocolate finance themselves rug pull it
Maybe upfront in their investments but they have hardly been completely upfront elsewhere