Posts

Stable Coins I hold October 2021

avatar of @revisesociology
25
Zebedee
@revisesociology
·
·
0 views
·
2 min read

I've done some jiggling with my stable coins over the past month, mainly to reduce my exposure to USDT and pick up some UST and the proportions of the stable coins I now hold look like this:

  • 17% UST - the main gainer this month, I am new to Terra, it's cool so far.
  • 30% USDC - almost exclusively on Polygon
  • 7% USDT - mainly because of 4Belt
  • 18% BUSD - Well, it's just so handy!
  • 7% DAI - Mainly 4 belt again
  • 3.5% HBD - Could use more
  • 10% HIVE - OK I know it's not stables, but I traded some SPS recently for Hive not stables, to pool with DEC, this is 'stables in waiting'
  • 7% others = LTC, BNB bits I have pooled with some of the other stables, which I see as 'stables in waiting'.

NB the 10% Hive is maybe a bit high, actually I have already traded in some of that for stables so now it's more like 7% already.

Platform Distribution

  • Way too much in BSC
  • Probably way too much in Polygon too.
  • ETH - too little? But it's the damned fees!
  • Hive - I'd be comfortable if up to 20% of my stables were actually as HBDs.
  • Terra - 13% - I'd be happy for this to increase
  • Rune - that's RUNE-BUSD - I'm OK with this being a small percentage for now.

Pools distribution

  • Cub's 4 belt - I halved my holding here, because I don't like USDT - but NB I've actually piled into Cub-BUSD and BUSD-BNB (not shown here) more too.
  • PlanetFi I kind of wish I hadn't gone into! I think I might just swap the whole lot for UST and go harder into Terra.
  • Autofarm - a small amount of LTC with USDT.
  • Some liquid of course! Around 10%
  • Polycat is mostly USDC on AAve - 20% return ATM.
  • Terra probably needs to grow
  • As does HBD and some of that Hive maybe swapped out to HBD.
  • ETH - Some USDC, it's been stuck there for about a year, too little to move with the fees!

Posted Using LeoFinance Beta