Wowwww!!!!
Basically, for THORChain this would look like providing liquidity into the highest-APR pools. For example, Tether on Binance Smart Chain is at a staggering 288% APR!
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Wowwww!!!!
Basically, for THORChain this would look like providing liquidity into the highest-APR pools. For example, Tether on Binance Smart Chain is at a staggering 288% APR!
Yes, and of course, it's complicated. RUNE goes down, it re-balances automatically, making your position worth less. It goes up, you only get half of the gains (because the other half is a stablecoin).
But on the whole, it does seem like a good deal.