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RE: Ask Leo: What Have You Personally Learned From Terra LUNA/UST Collapse?
I would have to say diversify and do your research. I wasn't part of the collapse but I saw a lot of people affected here on Hive. I am glad that HBD came out with 20% APR and I lost all interest in Terra/LUNA.
Posted Using LeoFinance Beta
0.00092747 BEE
Wow! Another HBD testimony:)
Posted using LeoFinance Mobile
I should have done the same. But it was too damn inconvenient to move the funds out of Cosmos to Hive and the LP rewards were higher than 20%. Something like 60-80% (including staking rewards for OSMO in LP). But only half "stablecoin". The other part was OSMO. As it turns out, OSMO held, and UST didn't.
Posted Using LeoFinance Beta
Yea but the 14 day lock-up period really did hurt anyone investing in a half stable coin pool. At least the IL didn't turn out that bad and I heard they let people get out their funds even if it was a bit late.
Posted Using LeoFinance Beta
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