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GOHM

Governance OHM

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Never heard of OUSD. USDD is an algo-stable, which i will never touch. Right now, i'm farming VST-DAI-USDT-USDC pool on Arbitrum Balancer. APR was 80% when i joined a couple weeks ago, and is 20% now, and will be 0% soon because it got no votes for next epoch. I do not recommend anyone to join now, as they risk eating a loss on impermanent loss given the short time frame left to farm. It was a nice farm while it lasted though, and relatively low risk. Chance of loss occurs only under any of the following conditions: * Balancer, an established protocol, gets exploited and their LPs drained. * Any one of the holy trinity of DAI-USDT-USDC suffers a permanent depeg, which is highly unlikely in my opinion, but ever present. * VST suffers a permanent depeg, which may occur if it's main collateral asset gOHM goes down in value massively. For this to happen, Olympus DAO treasury has to be exploited and drained. Alternatively, Olympus DAO converts a substantial portion of it's stablecoin treasury into risk assets, and then proceeds to lose substantial treasury value in a crash. A third possible scenario is an exploit that allows large amounts of GOHM to be minted, destroying it's value. Anyway, the value in stablecoin farming, is mostly made by capitalising on these young protocols and chains. For example, it was once possible to get 40% APR on metis chain, merely by supplying USDT-USDC LP to it's fledging DEXes. They needed to bootstrap liquidity for the major stablecoins, and rather then having two LPs for every major coin (ETH-USDC, ETH-USDT), it was cheaper to have everything paired against USDC, then have a massive USDT-USDC pool, so that people can still use USDT to buy assets on the chain with USDT->USDC->asset route. And so they paid USDC-USDT LPers handsomely. If you're feeling lazy to do research on young chains and protocols to stay safe from rugs, it's also possible to simply use convex and pool MIM+3crv or alUSD + 3crv for relatively low risk returns.