If we deposit HBD into pool can we lose our HBD? And we get paid out in Polycub not HBD right?
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If we deposit HBD into pool can we lose our HBD? And we get paid out in Polycub not HBD right?
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Technically if the pair is trading lop-sided you could have impermanent loss. This would imply that either HBD or USDC has lost its peg though.
USDC won’t lose its peg. HBD has done it before but with very different circumstances. So if you buy HBD to speculate on the price then that could impact you.
Though it could also benefit you in many ways. So there are trade-offs all over the place. If HBD maintains its peg, then you won’t have any IL since you’ll be paired stable-stable.
Yes, payouts are in POLYCUB. They are more liquid in many cases than HBD payouts for native savings and the APY will be a lot higher
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Will they be subject to the same 2-step withdrawal process - 1) Harvest and 2) Claim, with a 50% penalty, if executed before 90 days?
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Yes - all vaults are except xPOLYCUB Governance vault
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I think that needs to be very clear before it launches for the "normies" out there. I'm conflicted but either way I'm not playing with much money, maybe $1000, but would love to learn how to be most efficient with it. After pleo-wmatic I only managed to earn and stake 5 xpolycub so far lol. But I'm learning
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Lol yes well it's all game theory in the end. You need to figure out the best move for you. In the end, providing liquidity also gets you more liquidity than staking HBD directly on-chain. Additionally, the APY for providing liquidity should be far more attractive. The downside is potential counter-party risk.
It's all trade-offs in the end.
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Eh, I like to be told what to do. Thinking for yourself is overrated.
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I found thinking for other people, even those who are bad it, doesnt work very well.
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I think it's called consulting lol.
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Or insanity. Not sure who the crazy one is in that equation though: them or me.
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