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Conversation
hi! Is it inevitable that the 20% will go down over time once you get flooded with deposits??
How do I explain a vanilla saver the safety and risks of earning on the anchor protocol
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It will go down as PoS chains start to bring down staking yields & LTV ratios on anchor become more competitive as pos coins exhibit less price volatility- but i expect this evolution to be over several years
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Thank you! And as for the risks?
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Smart contracts could fail due to unforeseen bug
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If there was some form of insurance for the UST, I assume adoption of this would be even faster. Isnโt there actually some more than 20% possible that could be used to fuel some insurance fund? Love all the stuff so far and canโt wait to see the next steps.
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Give me ... 1 week
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Weekly tough
Next week yes
Looking for moderators
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very important
Unstaked Luna - the 'worst' is over... Only a few more days of minor blip unstaking... Then >>>deal done >>>Genesis airdrops >>>insurance>>>burn>>>TERRA ARMY STRONG.
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Hopefully will be implemented before the next dip. Liquidations can cause some FUD, especially from greenhorns who are often not aware of the risk factors coming with loans.
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To be clear, this wont insure against liquidations, just technical failure on deposits
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