Stable coins are for liquidity to use to buy inexpensive risk assets during a downturn.
Prioritize safety: time, volatility and size.
APY is secondary and only if safe.
Portfolio distribution of Stable coins:
GUSD 5%
https://www.youtube.com/watch?v=aMwqbT26qbQ
USDC 25%
BUSD - Paxos ?
DAI 50% +MKR
RAI 5% -FLX
FEI 5% ?Tribe
Frax 5% ++FXS
https://www.youtube.com/watch?v=MZ1iivVPMqA
UST 5% -+LUNA
https://www.youtube.com/watch?v=HalH-ltIGhk
OHM - ?
https://www.youtube.com/watch?v=MMcbKO8IiSE
Great article on stable coins
https://docsend.com/view/ajcbq2dd22yunxqn
What I cover:
00:00 Intro
00:44 Is it safe?
02:00 Types of stable coins
03:00 Fiat backed coins
09:14 Decentralized coins
14:41 Defi 2 coins
31:45 Final thoughts
33:05 Outro
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