Reply
  • Feb 4, 2022
    ·
    1 reply
    Warrior

    Idk what the interest rate was but crypto.com offers 3.5% APR through their app (that you can take out whenever you want) or 5.5% APR if you lock it for 3 months

    Good looks

  • Feb 4, 2022
    ·
    1 reply
    treeman

    Good looks

    Just know their app is absolute dogshit and there's no web interface, so depends how much its worth it for you to deal with it

  • Feb 4, 2022
    ·
    1 reply
    Warrior

    Just know their app is absolute dogshit and there's no web interface, so depends how much its worth it for you to deal with it

    Yeah bail I’m gonna do my research

  • neon 🍄
    Feb 4, 2022
    ·
    edited
    ·
    4 replies
    treeman

    Yeah bail I’m gonna do my research

    this is definitely not financial advice but some people take out loans against their ETH on one of the many low APY defi pools and then convert that to UST and then get 20% a year via anchor and then buy silver on mirror with aUST you have from staking UST and sell it on the terraswap (silver short or you farm mirror with the silver to earn more) for ust to stake more ust on anchor

    25% APR (5% from mirror farm) with a 50% borrow against the ether if silver doesn't pump

    also you gotta worry about getting liquidated hehe so there is risk

  • Feb 4, 2022
    ·
    1 reply
    neon
    · edited

    this is definitely not financial advice but some people take out loans against their ETH on one of the many low APY defi pools and then convert that to UST and then get 20% a year via anchor and then buy silver on mirror with aUST you have from staking UST and sell it on the terraswap (silver short or you farm mirror with the silver to earn more) for ust to stake more ust on anchor

    25% APR (5% from mirror farm) with a 50% borrow against the ether if silver doesn't pump

    also you gotta worry about getting liquidated hehe so there is risk

    I’m poor dog

  • 0 🫪
    Feb 5, 2022

    number go up

  • 0 🫪
    Feb 5, 2022
    ·
    1 reply
    neon
    · edited

    this is definitely not financial advice but some people take out loans against their ETH on one of the many low APY defi pools and then convert that to UST and then get 20% a year via anchor and then buy silver on mirror with aUST you have from staking UST and sell it on the terraswap (silver short or you farm mirror with the silver to earn more) for ust to stake more ust on anchor

    25% APR (5% from mirror farm) with a 50% borrow against the ether if silver doesn't pump

    also you gotta worry about getting liquidated hehe so there is risk

    Why would you ever short silver

  • Feb 5, 2022
    ·
    2 replies

    Anywhere i can get a 0% interest rate loan for like 10k?

  • Feb 5, 2022
    ·
    1 reply
    Nine Arts Dragon

    Anywhere i can get a 0% interest rate loan for like 10k?

    Liquity

  • worldpeace

    Liquity

    Good looks

  • Feb 5, 2022

    What was the reason for the pump?

  • neon 🍄
    Feb 5, 2022
    ·
    edited
    0

    Why would you ever short silver

    what's the least volatility thing you can buy with aUST as collateral 🤔 it would be nice if you could just buy Stablecoins, everything I've found is on Mirror so it's volatile

    there are barely any high yield rates right now pools for Stablecoins
    Terra needs more useful dapps for leverage

    if you don't wanna short silver you can just get half the rate by farming mirror is what is what i meant

  • neon 🍄
    Feb 5, 2022
    treeman

    I’m poor dog

    if you do it on avax or terra the fees are pretty low you could do it with even 300 hundred, using the ethereum network wouldn't make any sense but you could always bridge and wait for low gwei

    cause the rate is higher you could do only part of your money in defi if your worried about risk and keep the other part on exchange or cold storage

  • Feb 5, 2022

    I need someone to tell me how to enter the stablecoin world

    I don't know nothing, I just be owning eth and some NFT's

  • Feb 5, 2022
    ·
    1 reply
    neon
    https://twitter.com/PeterSchiff/status/1489668795325104133

    it's over

    This guy lives for this more than the people who like crypto

  • neon 🍄
    Feb 5, 2022
    Teddy Bridgewater

    This guy lives for this more than the people who like crypto

    i remember when i found out about bitcoin years ago
    i look it up on youtube and one of the top videos of anyone saying it was a ponzi / scam was peter 😹

    he's a legend tho

  • neon 🍄
    Feb 5, 2022
    ·
    1 reply

    👀

  • Feb 5, 2022
    neon

    👀

    I hope this is the start, still expecting stock market volatility for another 6 weeks

  • Feb 5, 2022

    Tfw you get paid after superbowl day

    Ngmi

  • Feb 5, 2022

    3k

  • 0 🫪
    Feb 5, 2022
    ·
    1 reply
    Nine Arts Dragon

    Anywhere i can get a 0% interest rate loan for like 10k?

    Alchemix

  • Feb 5, 2022
    ·
    1 reply

    @lnstinct

    i got WL to this wat u think
    twitter.com/FreeHumanPark

  • Feb 5, 2022
    ·
    1 reply
    zx01

    @lnstinct

    i got WL to this wat u think
    https://twitter.com/FreeHumanPark

    Together we can #fillthehole

  • Feb 5, 2022
    ·
    1 reply
    lnstinct
    https://twitter.com/freehumanpark/status/1484662089792643076

    Together we can #fillthehole

  • Feb 5, 2022
    zx01

    lol could be good if mint price is cheap