RE: What if we could use Bitcoin as collateral to borrow Hive Tokens...?
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If you have the 2k worth of Bitcoin why not buy directly HBD?
Would you recommend such lending operation to Hive users who don't have another source of earning on crypto like your commission?
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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
Thank you