RE: The best way to mitigate stablecoin risk

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I think HBD is a great choice but what do you think about stable coin LPs? I remember hearing some people invest into those options (Defi).

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hive-167922 leofinance
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Yeah, I've written about stablecoin farming on Hive before.

The returns on BeeSwap are great (17% or so now), but we just have to remember that these are SWAP tokens and therefore carry an extra layer of risk.

If you're looking for an algorithmic stablecoin like HBD to mitigate risk, then farming in LPs probably isn't for you.

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LOL Wrote something similar just below.

Great minds think alike.

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Honestly, reading your content and listening to you talk has helped shape how I view the crypto world :)

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Thanks for that. I try to parlay what I see taking place and provide people with enough information to draw their own conclusions.

A lot of misinformation out there about (crypto)economic matters.

Together we will keep this thing growing.

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HBD has very low risk tied to it. When you get involved in LP, there is another element including impermanent loss as well as slippage when going back and forth.

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