Do you potential in that coin? I mean really longtherm. Today at #hivemeetupvienna we talked about savings on HIVE and so on ...
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Do you potential in that coin? I mean really longtherm. Today at #hivemeetupvienna we talked about savings on HIVE and so on ...
It has potential to have some gainings, the stable 30% APY will be given on the 15th of May on Justlend on the Tron blockchain, it's a good APY but it comes with some risks also.
Best Regards,
Cryptopeach
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What risks do you think are involved?
The main risk is USDD being unsuccesfull and lose its peg to 1$, very unlikely but possible, another one is a hack or you investing in liquidity farming and have impermanet loss, I think the best bet is to wait until the 15th of May and lend your USDD for a stable 30% APY on Justlend, the risk of losing its peg is still there but there are less risks.
Best Regards,
Cryptopeach
Posted Using LeoFinance Beta