I've always wondered why no more people use the proven and serious LPs like Uniswap.
Especially USDT:ETH, USDT:WBTC ... they give a really good % interest and pose low risk to the user.
And as a sideeffect, they greatly stabalize prices.
Compared to volumes on CEX, DEX like Uniswap, despite having secure trackrecord, are only dealing with compareable little volume - but their role in stabalizing prices due to their great (both sided) liquidity they add to the market, is very neglected.
TL;DR:
provide liquidity on e.g. Uniswap, wETH:USDC or wBTC:USDT or whatever - let the Quants and Hedgefunds eat their own medicine and stabalize Ethereum and Bitcoin.
Thank you for your attention
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments