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Muad'Dib (DM me is a waste of your time)-Kralizec

Which insurance is best to use for UST deposit on

anchor please?

#anchor #cryptocurrency #english
0

7 ответов

27 просмотров
Tim-

It depends what you want to insure against. I looked at it earlier and it seems most of them are sold out for Anchor right now

0
22.12.2021
Muad'Dib (DM me is a waste of your time)-Kralizec Автор вопроса
Tim
It depends what you want to insure against. I look...

Thank you Tim. Isn’t Anchor safe enough to deposit UST for ROI while I wait for insurance to become available?

0
23.12.2021
Tim-
Muad'Dib (DM me is a waste of your time) Kralizec
Thank you Tim. Isn’t Anchor safe enough to deposi...

I can’t say that. I am still relatively new to Defi, but I have just been caught up in the Grim Finance hack, where I saw people saying they had their life savings in there which I thought was crazy,so it can still happen. I certainly would not put my life savings in Anchor. That said it does still feel safe, I would personally be happy leaving 5% of my portfolio in there.I will leave it to your judgement!

0
23.12.2021
Muad'Dib (DM me is a waste of your time)-Kralizec Автор вопроса
Tim
I can’t say that. I am still relatively new to Def...

Well articulated, thank you! My thoughts on this is that Terra labs wants the ecosystem to thrive and have focused on security to prevent hacks rug-pulls but again you never know!

0
30.12.2021
Tim-
Muad'Dib (DM me is a waste of your time) Kralizec
Well articulated, thank you! My thoughts on this i...

True, I believe the same. I guess it is personal though, I would never put all my life savings into one coin, let alone crypto as a whole. But that is just me, different people have different risk tolerances

0
30.12.2021
Muad'Dib (DM me is a waste of your time)-Kralizec Автор вопроса
Tim
True, I believe the same. I guess it is personal ...

Won’t be putting all my savings in it. At the moment, I am just trying a few hundred dollars is all. Thank you

0
30.12.2021

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