Hi HODLers,
Khal just dropped another bomb out there as it seems pHBD is sooner than soon!
I cannot find the tweet but he is basically anouncing that we might want to consider withdrawing HBD from our Savings on HIVE!
The estimated APR would be around 40% by providing the USDC-HBD LP!
This is twice as much as an already VERY high rate.
Of course there are more risks involved: Impermanent losses, hacking of the Polycub platform, etc...
You also need twice the capital as you will need to buy USDC to be able to pair it 1-1.
So I am a little bit torn as I was using the HBD savings as the safest and simplest way to get yield.
Now there is more yield with also more risk and I don't know what to do!
Khal is looking for HBD liquidity!
Anyone with some extra HBD to sell?
Stay safe out there, it is about to get crazyyyyyyyyy...