Pay Attention to Thorchain $RUNE If you want real yield without trust ...

in DBuzz2 years ago

Pay Attention to Thorchain $RUNE

If you want real yield without trusting a custodian check out Thorchain's savers vault. Users have been earning 5% on BTC for the past month with no Impermanent Loss and access to withdraw any time.
It would also be smart to buy a bag of $RUNE.

Posted via D.Buzz

Sort:  
 2 years ago  

Nice advice.
Is there such a thing for stablecoins like usdt or busd as well?

Posted via D.Buzz

I have not heard of any plans to add stablecoins to the saver's vault. You can deposit stablecoins in the traditional LP either asymmetrically or symmetrically. I personally have stablecoins LP that are unfortunately under water since the price of RUNE has declined 90% but at $1.30 per RUNE it is a good opportunity to asymmetrically add stablecoins to collect the swap fees and be rewarded if RUNE price continues to rise from here. Play around with different scenarios at https://app.thoryield.com/lp_calculator.

I am a fan of Thorchain and have been waiting to see HIVE or any related asset to get listed.
!PIZZA

Posted via D.Buzz

🍕 PIZZA !

I gifted $PIZZA slices here:
(1/5) @vimukthi tipped @slider2990 (x1)

Join us in Discord!