Stablecoin Farms

Level 4 - Turbo Autist

Welcome Avatar! Following on from our yield farming model, today we give an overview of the risks of farming stablecoins and an overview of various stable farms.

Risks

A stablecoin is privately issued money, designed to be worth nearly $1 under all conditions.

This can be achieved by the issuer backing the stablecoin with an asset and offering direct redem…