Can someone explain why it's not a good idea to

Question

DeFiChain - International

Ronald

Can someone explain why it's not a good idea to

go into dfi-dusd pool at the moment. I heard someone (DZ maybe?) say so or did I get something wrong? Thx ✌🏽

#blockchain #cryptocurrency #defichain #english

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23.06.2022

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Zachary Chan · Accepted Answer

If you have Dusd and dfi sitting around, why not? I’m in it still. Might as well continue gaining rewards from lm. 42% APR is pretty good. If you are swapping, it really depends on your arbitrage skills. It has been fluctuating between .79 and .82 the past few days. You could have made some money. DFI is also between .98 and 1.02 now. If you are minting Dusd, then it’s probably not a good time because you’ll be minting at $1 and it’s only worth 0.8 now. And your collaterals are at risk because while crypto is down the drain.

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