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Title: Best USD (or any stablecoin) borrow rates against bitcoin Post by: KingZee on January 15, 2021, 08:58:09 AM Hi it's been a while since I posted, I thought this might be the best place to ask
I'm thinking of some reasonable leverage trading but the options have gotten worse over the years Binance seem to have recently upped their USD lending rates by 20% making it a 36 to 44% yearly rate.. I have looked into smart contract solutions like Dai or Aave, which offer reasonable rates, but I'm still worried about risks such as https://www.reddit.com/r/MakerDAO/comments/fi832z/im_part_of_makerdaos_bug_victims_and_loose_250eth/ https://www.comp.xyz/t/dai-liquidation-event/642 Basically I dont trust WBTC and dont want to be prone to some stupid risk based on oracles and contravts that have prebiously failed several times What are my best options? Do you guys know other exchanges that offer reasonable rates? |