
0xuep
@0xuep
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a) Stablecoins with existing governance token :
Aave, Maker and Curve are the DeFi "OGs" from Defi Summer 2021 and have built profitable businesses with currently decent token valuations, while Ethena is the new kid on the block with an innovative stablecoin design...
b) Stablecoins with upcoming governance token : Typically, using these stablecoins ahead of the launch of the governance token by providing liquidity gives an airdrop of the future governance token (also, yields are typically good to incentive the use of the protocol)...
I am currently providing liquidity into USDX , USR , lvlUSD , USDF , USDXL , reUSD , syUSD , satUSD , CASH...
Small amounts always, trying to manage risk since especially new protocols can "disappear" and airdrop is never guaranteed,...
Good luck out there and what are your thoughts ?! 0 reply
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