It has potential to have some gainings, the stable 30% APY will be given on the 15th of May on Justlend on the Tron blockchain, it's a good APY but it comes with some risks also.
Best Regards,
Cryptopeach
Posted Using LeoFinance Beta
It has potential to have some gainings, the stable 30% APY will be given on the 15th of May on Justlend on the Tron blockchain, it's a good APY but it comes with some risks also.
Best Regards,
Cryptopeach
Posted Using LeoFinance Beta
What risks do you think are involved?
The main risk is USDD being unsuccesfull and lose its peg to 1$, very unlikely but possible, another one is a hack or you investing in liquidity farming and have impermanet loss, I think the best bet is to wait until the 15th of May and lend your USDD for a stable 30% APY on Justlend, the risk of losing its peg is still there but there are less risks.
Best Regards,
Cryptopeach
Posted Using LeoFinance Beta