1d ago
The hardest part of the last cycle was watching people with stables get wrecked on stable looking platforms.
Think blockfi, voyager, ftx, luna and more.
That 8-20% yield on stables is too juicy.
As the stablecoin market explodes and everyone is offering 8-20% yield, let's do some due diligence this time.
New projects are risky, don't be the yield.
I should say that a lot of those were cefi and not defi, but still there are algo coins coming out and if you're locking up profit or have funds that you can't loose in a 20x loop in a one month old project, maybe don't do that.
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