I am just more bullish on HIVE and LEO long-term but your math really does show how much you lose when things crash in Defi. But those stable coin returns look quite neat since they should probably lose 10% at most. However they could always rug pull you since most of the stable coins tend to be centralized.
Posted Using LeoFinance Beta
DAI is not centralized.
Posted Using LeoFinance Beta
Indeed but to get these returns even on DAI you have to put them in some centralized / contract risk platform.
Thorchain would be one of the only one where I believe you keep control of your assets the entire way.
But there are other network risks.
Posted Using LeoFinance Beta
Thorchain is definitely a step forward in this.
You can pool either USDT or BUSD on Thorchain.
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But with RUNE on the other side right? So there is a volatility risk right?
or Can you do USDT-BUSD Pool
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No everything has to be pooled with Rune.
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Thanks for letting me know. I haven't researched stable coins as much since there are just way too many out there.
Posted Using LeoFinance Beta
Trust me I am VERY AWARE of the risks with stable coins - I'm diversified across BUSD/ USDT/ DAI AND USDC because of this!
Posted Using LeoFinance Beta