My friend introduce this
https://app.anchorprotocol.com/earnThat seems too good to to be true
19% APY
I want something like this.
It seems that there is no risk. It's UST. Stable coin.
What am I missing?
Other ones.
Yes. UST is a stablecoin, it should have a stable value. But I see no sign of it being a stablecoin.
Is it a stable coin from Terra?
We are very concerned about the existence of a stablecoin currently losing its base price.
There are many stablecoins and their price will be dropped. And this is a good way to start of investing. But before you invest in a project just gave more time to review or so some investigation because now days many scam sites or project that offer a good amount but you need to be careful in order to prevent losses.
Now too many projects nowadays make it easier for us to put money in, but what I usually do is invest in new projects with a large number of social media followers, if it's on a telegram or qqdiscord group then we can know whether the discussion is natural or just settings.
Yes that's must be a great idea because if we invest in a project that has low followers and review then that is probably A scam project.