This UST debacle is going to hurt many people who were doing the interest arbitrage. Many definitely took on more risk than they should have because they were lulled into a false sense of security with a 'stablecoin'.
This UST debacle is going to hurt many people who were doing the interest arbitrage. Many definitely took on more risk than they should have because they were lulled into a false sense of security with a 'stablecoin'.
I lose out on a lot of opportunities in crypto cause I don't mess with that stuff...But I also like being on Hive and keeping things simple.