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"Stablegains makes earning with DeFi simple and safe for consumers and businesses alike."
by KingOfCoders 4y ago
"Stablegains makes earning with DeFi simple and safe for consumers and businesses alike."
- chii 4y agoThere's no such thing as a free lunch, and you cannot earn above inflation returns without taking on risk. Even money market funds, which is what stablecoins are similar to for fiat currencies, are not without risk.
- Ekaros 4y agoCan you even earn below inflation without risks? Actually you can't even keep your money/wealth without risks...
- flaviut 4y agoTIPS and I Bonds
- Ekaros 4y ago[flagged]
- Qub3d 4y agoAt this point in your hypothetical, if we're still talking about the US dollar, you'll have a lot more to worry about than generating a return on your investment. If you think this is a serious potential outcome, then I suggest you forget about investing all together and instead start learning subsistence farming practices. Or you could buy Swiss bonds?
- bombcar 4y agoSince the US can print money to pay its debts you technically can’t “lose” in dollar-denominated bonds. But you can still lose to inflation, collapse of the US, etc. The term “risk-free rate” is used as a baseline in comparing other financial assets; there are still risks involved and for those above a certain wealth value, spending some percentage to mitigate those may be intelligent. Dual passports and foreign holdings are often involved.
- nikanj 4y agoBut there is such a thing as a lunch paid by suckers, and many people have eaten their fill
- rvz 4y agoAnything that has DeFi yield farming on it with X% of returns per year is a textbook scam. It is neither 'stable' nor did anyone gain anything other than a loss. It is another way for retail to hodl their bags for this lie called 'passive income' all into a loss while the VCs dump and exit scam with the founders.