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RE: BTC Fund

in Threespeakyesterday

We saw what are the repercussions of having swap.btc in rewards of the LEN:LENM pool. It pulls the whole APR up in times when Hive prices sink. We believe it will have the same effect with our general assets, even if the position will be rather small.

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Indeed. I tend to sell off my SWAP.BTC rewards, partly because you need 0.01 SWAP.BTC before you can withdraw BTC from Hive-Engine whereas it is possible to withdraw small quantities of SWAP.LTC as LTC. However, it might be a better strategy to let SWAP.BTC accumulate precisely to act as a hedge. 🤔
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