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RE: How to Bridge and Farm pHBD-USDC at 77% APY on PolyCUB
(edited)
This is a great guide BUT no full disclosure to allow people to make a truly informed decision...
ADD...
- There is a 0.25% FEE when you wrap HBD to pHBD
- The 77% APR (now down to 60% APR already in just one day) will drop and
- You only get that APR IF you are prepared to wait three months to claim your Pcub
I still think this is THE BEST stables pool out there, but you have to be careful about the best time to add to it in order to maximise!
Slow and steady ATM is the only way to buy into it because of the lack of liquid HBD at the moment!
Posted Using LeoFinance Beta
0E-8 BEE
The point was to show people how to do it if they so please, not to help them make an informed decision. I'm not a financial advisor.
Posted Using LeoFinance Beta
I just think we should be upfront with all the downsides, especially if your title is saying there's a 77% APY - we should be clear of the fees and the conditions.
As far as the instructions go, yes, it's a good post!
I'm merely talking from the perspective of someone whose been there with other sites - I see an advertised rate, I dig for 10 minutes, I'm annoyed when I find the ACTUAL rate without a lock is considerably lower than the headline one, I don't invest.
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