Hello, everyone! We are excited to announce the addition of $USDL, $PXDC, and $HEXDC in a limited capacity on phiat.io
These stablecoins can be deposited and borrowed for your preferred use. Additionally, check out the existing stablecoin deposit APRs for assets like $USDT, $USDC, and $DAI. Double digits!
The phiat team made a promise not to sell within year 1 and we have kept that promise.
Don’t expect anything to change on that front anytime soon. We are here for a long time; not a good time ;-)
Exceptionally good deposit yield for stable coins on phiat.io atm
Dai: 26%
USDC: 29.6%
USDT: 23.3%
All you whales selling. Maybe deposit it here for awhile and get some yield instead of bridging back to ethereum?
More confirmation that RH is open minded towards people building useful stuff on pulsechain. Congrats to @liquidloansio and @GoPulsecom for the nod.
Also some other guys in the screenshot
If you want to have your stable coins ready for the next big move in #pulsechain, one place you can keep them yielding is on phiat.io
So if somewhale moves millions across the chain you will have 30 minutes to move before they can buy.
People are paying some pretty hillarious borrowing APY to go leverage long on phiat.io right now.
If you are cashed up you might enjoy earning 25$ apy for Dai?
If anyone know anyone who has a lot of Dai can you tag him please. Thanks.
Merry Xmas everyone.
Today in his video @RichardHeartWin mentioned 3rd party people building borrowing and lending on pulsechain.
While he didn’t name names, he could have only been referring to @liquidloansio and/or Phiat.io
We are super pleased that he acknowledged 3rd party builders nonetheless!
Also congrats to @GoPulsecom who he named by name.
Phiat.io doesn’t support stable rate pools and never has.
Therefore we should be unaffected by this per @aave guidance
Will update if there is more to say about it but looks like “phiat users are unaffected”