OK, so it's a shadow bank: lend long, into other people's short term borrowing.
So it must have extremely high interest rates? Which raises the question, who's borrowing all this and how's it collateralized?
So it must have extremely high interest rates? Which raises the question, who's borrowing all this and how's it collateralized?
If you want more mature examples of this structure in the wild I would start with pancakeswap ($4b market cap) and apeswap ($500m market cap).