5 ms·
If you are referring to Gemini Earn, they take your GUSD (or other currency) and take a spread then lend it to Genesis, who takes a spread and then lends it to
by rabbitonrails 5y ago
If you are referring to Gemini Earn, they take your GUSD (or other currency) and take a spread then lend it to Genesis, who takes a spread and then lends it to big institutions. None of this is insured.
https://support.gemini.com/hc/en-us/articles/360056367771-Are-the-Crypto-Moved-to-Earn-Insured- https://support.gemini.com/hc/en-us/articles/360056367771-Ar...