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RE: DeFi for Dummies?

in LeoFinance3 years ago

That is a fair assessment. I think part of my plan was to find something outside of Hive that I could invest in. Since this is still on the BSC, I think that might fit the bill even though it has tendrils connected to Hive in some way. I am working on removing some of my liquidity now. That Panther would have been a nice win if the token price hadn't dropped. Watching the numbers move based on 5000% APR was nuts!

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Watching the numbers move based on 5000% APR was nuts!

It is enticing there is no doubt about that.

However, we need to be ever mindful of all that is taking place. But then we all have our levels of risk we are willing to take on.

For me, with my time locked up, I just trust CubFinance and have that as my outside exposure to Hive. I still hold BTC, ETH, and LTC as long term plays.

Plus Hive based stuff is giving more options than I can take advantage of.

Posted Using LeoFinance Beta

Yes, Hive is expanding rapidly. I guess if I really was worried about having some outside investments, WAX would have me covered.