and acryptos? is there some potential fallout due to the multichain issue? apy looks juicy.
If you deposit Kava now, people will borrow your Kava, and if multichain isn't fixed they won't pay back the debt and you loose your money
For me is it unnecessary risk for few %
fallout is everyones money will be worthless, however if you belive it will get resolved , throw your money and be rewarded while these apys are so high
Don't. The risk/reward profile is skewed. Wait for MC bridge to be fixed again.
If it's fixed all of this circus is over
The reality, however, is that the risks outweigh the benefits
What benefit ser.? 1 usdc is still 1 usdc even if bridge is back.
circling back to this question. is there really a risk for scrub and acryptos, because don't they hold all the kava to unwind the position, or is it possible that even on scrub and acryptos I cannot withdraw under certain circumstance?
I don’t think you would be able to withdraw Kava since there’s no liquidity on mare for Kava. Other assets that have borrow available should be fine to withdraw though
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