I've done some jiggling with my stable coins over the past month, mainly to reduce my exposure to USDT and pick up some UST and the proportions of the stable coins I now hold look like this:
- 17% UST - the main gainer this month, I am new to Terra, it's cool so far.
- 30% USDC - almost exclusively on Polygon
- 7% USDT - mainly because of 4Belt
- 18% BUSD - Well, it's just so handy!
- 7% DAI - Mainly 4 belt again
- 3.5% HBD - Could use more
- 10% HIVE - OK I know it's not stables, but I traded some SPS recently for Hive not stables, to pool with DEC, this is 'stables in waiting'
- 7% others = LTC, BNB bits I have pooled with some of the other stables, which I see as 'stables in waiting'.
NB the 10% Hive is maybe a bit high, actually I have already traded in some of that for stables so now it's more like 7% already.
Platform Distribution
- Way too much in BSC
- Probably way too much in Polygon too.
- ETH - too little? But it's the damned fees!
- Hive - I'd be comfortable if up to 20% of my stables were actually as HBDs.
- Terra - 13% - I'd be happy for this to increase
- Rune - that's RUNE-BUSD - I'm OK with this being a small percentage for now.
Pools distribution
- Cub's 4 belt - I halved my holding here, because I don't like USDT - but NB I've actually piled into Cub-BUSD and BUSD-BNB (not shown here) more too.
- PlanetFi I kind of wish I hadn't gone into! I think I might just swap the whole lot for UST and go harder into Terra.
- Autofarm - a small amount of LTC with USDT.
- Some liquid of course! Around 10%
- Polycat is mostly USDC on AAve - 20% return ATM.
- Terra probably needs to grow
- As does HBD and some of that Hive maybe swapped out to HBD.
- ETH - Some USDC, it's been stuck there for about a year, too little to move with the fees!
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I only have HBD these days, all the others I can't get working for me unless I hand the keys to someone else, and I'm a non trusting bastard. It's the worse stable coin I have ever seen as far as being stable.., but its stable enough.
I do quite like HBD - stalb-ish is OK!
You don't hand the keys to someone else on BSC do you?
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If you can show me another stable-coin that beats the 10% yield of HBD, I would be interested. I don't venture outside HIVE so often.
Sure - UST on terra/ anchor gives you a 20% return.
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Nice!
I moved some stables from poloygon to terra, anchor, and its great, easy and simple. I'm long ago out of eth.
I think as things stands whould be nice if HBD increases the apr to at least 15%, and even better 20%. I wanted to push to witnesses for this.
Btw ... where do you pool rune-busd?
I'm liking Terra, it's next on my list to increase for sure.
I am anticipating an interest rate rise, it was rapid up to 10% so I'm guessing there is maybe potential for it to go further.
I pool on Thorswap - been in it for ages, just back on line but I don't know whether they've raised the caps for more pooling - I think i might hold off for a while yet, wait for the next hack to hopefully not happen for a month at least!
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Just tested thorswap ... not allowing it ... #raisethecaps :)
Are you using trust wallet exclusively for thorswap?
I do use Trust wallet for it, and I don't use it for anything else, so yup!
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What actually you do with Stable Coins, just keep it or you used it for staking?
Pretty much all of the above are staked and yielding.
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Thank you for sharing such a detail view of your stablecoins.
I have not tried Polycat yet (or the overall Polygon ecosystem actually).
Still sitting a lot in BSC, I am pooling stable in kind of risky projects such as Kalata and getting 30%+ APR. I have mostly USDC, UST and BUSD. I try to stay away from USDT as you are.
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I've seen a lot of those 'risky stable pools' offering high returns, they always have some catch - high fees somewhere or a rapid print rate on their reward coin, soon to end.
I'm much happier now in the proper stable ones - honestly, many of them offer 15-20% so it's just not worth it for an extra 10% IM0!
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Nice portfolio and diverse stablecoin assets that are passively working for you. I need to get into Terra with UST besides the LUNA that I HODL, but which doesn't provide the same returns.
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I think Luna is just 5% right>! not so tasty!
Right on that but still, hopefully, it will bring more perks in the future.
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Right on that but still, hopefully, it will bring more perks in the future.
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