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RE: What if we could use Bitcoin as collateral to borrow Hive Tokens...?

in Bitcoin Backed Hive13 days ago (edited)

The idea was to front-load HBD to boost the monthly interest earnings while keeping hold of Bitcoin. Actually, it might be better to put the loan into a carefully selected liquidity pool that offers a higher yield so that you earn more each month in yield than you need to pay in interest on the loan. I am not making any recommendations here, simply reporting on my experiment - and I certainly would NOT advise anybody to do this without having "another source of earning on crypto."
!BBH
!ALIVE

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Thank you