RE: Earning On Stable Coins With Curve Finance
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I get that it is fully decentralised and that has its advantages and disadvantages but these returns seem low for stablecoins if you see what the cefi platforms are providing
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Well CEFI have backing so they already start off with liquidity and are willing to take a knock to attract investors where as this platform is still in the phase of establishing liquidity providers if you offered to high returns you’d kill the pool
I’m sure they’ll work out the return algorithm as they have more data I mean it’s less than a year old and stable coin arbitrage doesn’t have that much margin
I think as they connect with other platforms it could provide more liquidity and the service can show some decent returns