Stoozing 2022 Version - USDC StableCoin

[moonchalk]

Stoozing The 2022 Version ...

Borrow at sub 4% as usual

Then shove it all into USDC StableCoin at 10% ...

https://nexo.io/earn-crypto

Anyone doing it ?

[planteria]

i'm not, but this is good .. and i know Nexo.

[Sarah]

Hope nobody here was sitting on LUNA or TERRA 'stablecoin'?

'I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight
https://www.independent.co.uk/tech/terr ... 76655.html

[Sarah]

TETHER also in trouble...

Crypto prices collapse with Tether latest ‘stablecoin’ to suffer
https://www.independent.co.uk/tech/bitc ... 78065.html

[moonchalk]

That's why I specifically mentioned USDC (Circle)

Terra \ Luna was always going to be a high risk shitcoin - offering an unsustainable 20% was a classic red flag

USDC is the highest quality stable coin, perhaps followed by the PAX offerings and *maybe* exchange coins like Binance BUSD or Gemini (Winklevos Twins Exchange)

But as always, it is CRITICAL that you DYOR and take ownership of your own investment and financial decisions come rain or shine

[planteria]

Anyone doing it ?

are you moonchalk?

[moonchalk]

I have done in the last couple of years.

Can't at the minute due to a mortgage application.

Should be able to restart next year.