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RE: Snaps Container // 1732140720

in Snaps3 days ago

Yup. For HODLing, it's better to keep it as HBD savings.
But if not HODLing, can't have liquid hive/hbd and get 'passive apr' from it.
Binance offer is worse in APR, but seems to provide fast liquidation at request.
At least, advertised. Small print says it's not that nice.

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Small print from the page:

..daily redemption limits apply .. subject to change at any time .. may be a result of various factors, including but not limited to: extreme market volatility, ..

I guess no insta-liquify-and-sell if the coin skyrockets suddenly :)

Sudden market volatility may result in your coins being unavailable.
The usual shenanigans.
3rd party risk is off the charts right now.