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Look into the Terra stablecoin network and read the whitepaper before dismissing it. The returns are very real. There is a reason that decentralized finance is
by lowkey 5y ago
Look into the Terra stablecoin network and read the whitepaper before dismissing it. The returns are very real. There is a reason that decentralized finance is the fastest growing industry in history. You may want to investigate with an open mind.
- throaway46546 5y agoI don't see how there can be risk free 40% gains without them being arbitraged away. It is the equivalent of printing money. If the gains are real the only logical conclusion is that the risks are being underestimated.
- sizzle 5y agoThoughts on UST? Is it related to Luna?
- lowkey 5y agoUST is the stablecoin pair to Luna which is the native token of the Terra network - an algorithmic stablecoin platform. It's an innovative approach to stablecoins across multiple currencies and it is growing amazingly fast. I would encourage everyone who feels like they missed out on Bitcoin or Ethereum to understand that Decentralized Finance is yet another opportunity of a lifetime. Centralized banking is the legacy play here and it is being disrupted at an amazing pace by DeFi. If you have an open and curious mind and are able to do some research down the rabbit hole, this is a space that will provide handsome returns to the enthusiast - already has.