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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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49378050 No.49378050 [Reply] [Original]

W-Well boys and girls considering USDN is literally the highest “stable” yield on curve right now…. Is it a good idea to stake some? I’ve been avoiding it because algorithmic “””””””stables””””””” have been nothing but timed bombs so far, waiting to depeg and go to hell in a matter of seconds, but the temptation is consuming me

>> No.49378068

>>49378050
>stable
Nigger, don't get even near to that. Stables are also a gamble, you never know when its going to blow up

>> No.49378069

>algo stables
This shit immediately gave me UST flashbacks. Is USDN the next UST or what? Such a high APY makes no fucking sense to me.

>> No.49378076

USDC > Your favorite stable

>> No.49378079

>>49378050
BUSD nigger, that's the only stable that you should be looking at

>> No.49378097

>>49378069
undercollateralized stable vs overcollateralized stable
who would win? Seems like the answer is is clear since one managed to re-peg once again while the other one crashed and burned to fucking oblivion

>> No.49378099

>>49378069
As far as I know, no. Sasha is no scammer. He almost lost waves and usdn a couple of months ago and he managed to get the peg back and Waves is going on its way to their original price.

Op is sort of right, Neutrino is the way

>> No.49378108

>>49378097
I'm still pissed that the fucking gook managed to get away with it

>> No.49378111

Thats basically the face of a man that only eats manga for a living

>> No.49378113

>>49378079
No thanks, I don't trust in the chinks

>> No.49378116
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49378116

THE PRICE OF MY STABLE IS 0.999998 THIS PROJECT SUCKSSSSS

>> No.49378117
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49378117

>>49378099
Did you swallow Sasha's cum too?

>> No.49378121

>>49378111
b-based?
idk, monks usually eat rice alone dont they?

>> No.49378134

>>49378117
ngl, the man is sexy

>> No.49378139

>>49378076
Rope, nigger. USDN has the hightest APY of all

>> No.49378142

>>49378050
>Is it a good idea to stake some?
if you want to support waves without buying that ugly token, go ahead, stake USDN

>> No.49378145

What about USDT? Is that still a good way of saving my shekels?

>> No.49378147

>>49378116
And you´d have the entire right of acting like that if that was the case. Imagine your stable is not longer "stable" lmfao

>> No.49378154

>>49378117
>>49378134
I would swallow it all like a good girl. And I'm a man.

>> No.49378153
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49378153

>>49378099
USDT is still the fucking king of all stables no matter how hard you faggots cope and seethe about "muh decentralization" and shit.

>> No.49378156

>>49378134
>Ukrainian
>sexy
pick one

>> No.49378159

>>49378108
Kek, based Do kwon. He is now my personal hero

>> No.49378161

>>49378111
GIWTWM