I'm only playing around with small amounts - there's no interest on minting VAI - you mint say 500 and you pay back 500 - and it's pegged to the dollar (although it does seem to vary 5-10% compared to USDT when I swap on Pancake, but in my favour recently so that's OK)
You can withdraw anytime.
The sting might come when you try to withdraw - it cost me $5 to withdraw from autofarm the other day, so those costs might be something to factor in - that was only withdrawing $150 USDT - I'd check that out, it might be the same for large amounts, i'm just experimenting myself.
NB I am very cautious about how much I mint - I like to keep it at 50% of my max! You can add in different coins to boost your potential lending amount to avoid getting anything liquidated.
I like it - I get a 6% APY on the BTC and then whatever return on what I swapped out the VAI for - but my next plan is to swap back some of the AUTO/ CAKE I've earned for VAI and then stake that in venus.
Cool, thanks for the heads up. I'll start by playing around with small amounts to feel things out.
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