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RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC

in LeoFinance3 years ago

If USDC and HBD maintain their pegs, then they're both always worth around $1 USD which means 0 impermanent loss.

"What APR% should we expect on top of the 20% that is provided through HBD Savings on Hive?"

This is an interesting question because you said "on top of".

The one thing about this is that you're trading the value prop of staking HBD directly on Hive. Instead, you'll be earning POLYCUB. The APR is likely to be super attractive at 30% or greater to incentivize this. POLYCUB will stake the HBD on Hive and buy POLYCUB with it to bolster Protocol Liquidity and incentivize pHBD-USDC LPs even further

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Does any of that head to xPOLYCUB or is it all being fed back into the LP like the bridge fees?

Posted Using LeoFinance Beta