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Bitcoin credit is maturing and the competition is getting interesting. STRC will pay an annual rate of 11.5%, distributed twice monthly. Effective APY of 12.16%. SATA will pay an annual rate of 13%, distributed daily. Effective APY of 13.88%. That is a 172 basis point gap in favour of SATA. SATA delivers nearly 1.75 percentage points more in effective annual return every single year. 172 basis points is not a rounding error. On a $100,000 position that is $1,720 annually. On a $1 million position it is $17,200. Very interesting.

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