@Cryptodaz2 I would love your opinion on this - I

Question

@Cryptodaz2 I would love your opinion on this - I

have some vesting kava tokens now maturing. With rates for usdx now pretty poor on lend and obviously having to use a lot more collateral than I borrow do you think it makes sense to leave matured kava delegated and earning 32% with liquid rewards.. Or to undelegate then open a CDP, borrow usdx then it it in lend to earn rewards which must vest for 1 year? ?

#blockchain #cryptocurrency #english #kava

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03.03.2022

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Chris Автор вопроса

CryptoDaz (Darren)
The only option that beats Kava staking assuming y...

Bro, you're the man.. Providing kava/usdx in liquidity pool gives me largely SWP? You agree it's better to keep delegated rather than move to mint usdx?

0

03.03.2022

CryptoDaz (Darren)

Chris
Bro, you're the man.. Providing kava/usdx in liqui...

Yes you get some growth in the supplied assets over time from your share of the swap fees, but this is relatively small (it helps to offset any impermanent loss) but yes the rewards are in locked SWP

0

03.03.2022

CryptoDaz (Darren) · Accepted Answer

The only option that beats Kava staking assuming you were looking to hold onto your kava is supplying to the Kava/USDX liquidity pool on KavaSwap, which is what I'm currently doing. If you were interested in the liquidity pools and you don't have any USDX you could swap 50% of the Kava to USDX, I use USDX I've minted with BUSD. You should read up on impermanent loss first if you go that route. If you don't want to get involved with liquidity pools staking your kava is an excellent option giving you liquidity kava regularly plus some locked hard and SWP also

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@Cryptodaz2 I would love your opinion on this - I

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