Yesterday, I stumbled over a post about pHBD which woke my interest. I know what HBD is but had no idea what pHBD is about. I could just imagine, since I'm in the crypto space for a while, it must be some sort of pegged token, which I already know from other coins like pBTC. After reading the first LeoFinance post from Tengolotodo: pHBD-USDC, it was clear. While you currently get 20% for HBD in your savings, you can now bridge your HBD to Polygon and become a Liquidity Provider. I use Polygon aka Matic for a while now and I like the extrem low transaction fees over there.
There is $336k in liquidity on the pHBD-USDC pair on PolyCUB as I post this. USDC is a stable coin on the Polygon chain, so you have nice LP pair with lower risk than usual because we have 2 stable coins. APR was more before and is now at ~30%. It's normal that the percentage goes down after a while.
You can check @Tengolotodo post I mentioned above, how to bridge and get money into this LP pool. He explained it step by step and very well.
(Thank you for sharing this info @Tengolotodo)
Please DYOR (Do your own research) as always before you invest in this. I'm not a financial expert and this is not a financial advice nor do I guarantee any interest rates. I'm just sharing information.
Who doesn't like that?
Want to take part in this contest? Write a post with #phbd and share it with your friends.(Read 'Why pHBD from LeoFinance" for further info)
I think @thecyberdexter will like this too. He is a long time friend I know from the old poker days and he brought me into the crypto world. He is doing this for years now and I would say, he knows everything about BTC and crypto related things. He also play a lot of games and streams. Go check him out, he is relative new to Hive and just posted his Introduction today. My friends @studio3141 who is a part time streamer and crypto freak, @patrickh who is also relative new to hive and @ravenmus1c who is a singer and launched her own $Raven coin, could be interested too.
Images and screenshots are from me, the mentioned posts and pixabay.com
#phbd #oneup #pizza #hive-engine #neoxian #ocd #alive #posh #bmbhome
I am glad you looked at it, I do love the fact it is two stablecoins!
Thanks for mentioning your friends the $Raven coin from @ravenmus1c sounds interesting!
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Two stable coins is nearly zero risk which is awesome.
You probably heard of her because she has some music in the Rising Star game and there is also a card in this game.
ah yes Raven on Rising Star, now I got her, and that card wow, I would love that!
but yeah two stablecoins is what I like!
Posted Using LeoFinance Beta
Thank you! =) I will definitely look at your post about the pool!
Thank you and I now realise you are Raven in Rising Star! That is cool:)
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Hahah yes I am... :D
Excellent, always great to put a face to a name:)
Yes that´s true! =) It´s still quite odd how many people know me from the game. :D I need to get used to this.
Fame! Now I found out you host a weekly session in a discord server!
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That sounds very interesting!! Thank you! !PIZZA
It is because you have two stable coins. Normally there is one stable coin and a coin with his volatility or just random coin pairs but not in this case.
Thanks for the pizza. 🍕
Yes! I need to invest in that pool. :) !PIZZA
27% APY on a stable/stable liquidity position is about 30% more than you'll ever get for your money from your bank ;)
So true! Just need to find the time to read the post how it works and then I´m in :D
A RAVEN/HIVE pool would be nice. 😃
Thx for the pizza slice
Haha yeah! :D But this token is just not right for a pool. I think about making a second token, this would be great for a pool then...
nice, thanks for mentioning me, will take a closer look to pHBD tomorrow😉
Love it to get always some interesting hints in our nice and small community.
Here is some !PIZZA for you🎉
Yeah, that's what we always do in Cybers Cave. It's like a little crypto and gaming family. Sure, sometimes you can't get involved in something because you can't get your money in every project but it's always good to share and help each other.
That's why I love the people in Cybers discord.
Thank you for the pizza. 🍕
!gif Love is everywhere
I love you too!
is this a small moment of bromance now?😂
shhh ..... (whisper) yes it is!
Via Tenor
I will give a look on that thanks !PIZZA
Nice and thank your for the delicious pizza. 🍕
That sounds amazing with two stable coins.
Thanks for the mention my friend and thanks for sharing this! I'm already all over it. Do you happen to have the pHBD contract handy? !PIZZA
SushiSwap
Contract
Pair Info
Thx for the pizza and the tip 🤘
Very interesting. Two stable coins. What is next? Three stable coins?
dual-mining one stable/stable position for a shitcoin and stablecoin reward? 🤣
A stable coin pool with 10+ coins? 😆
PIZZA Holders sent $PIZZA tips in this post's comments:
patrickh tipped chaosmagic23 (x1)
gwajnberg tipped chaosmagic23 (x1)
ravenmus1c tipped chaosmagic23 (x2)
@thecyberdexter(2/5) tipped @chaosmagic23 (x1)
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