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Kalmy
Question
ZenMiko
@drl27fish · Nov 15, 2023, 10:47
I am considering investing in stablecoins with KALM, what should I think about their future and sustainability?
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Comments (1)
Glintzy
@uig19fish · Nov 16, 2023, 11:15
The audit was completed in 2022. It would be beneficial if there were new services offered, but currently, that is undecided.
The decreasing Total Value Locked (TVL) is not attractive, but it does mean that the Annual Percentage Yield (APY) could increase.
However, the original points of departure are:
・Replacement of Ethereum with BNB
・Expansion of the AlphaHOMORA service
These two are the main focus, so it can be said that the protocol is maintaining its current status.
While operating with stablecoins individually or in pairs, if the TVL continues to decrease, considering a strategy to withdraw could be plausible.
The decreasing Total Value Locked (TVL) is not attractive, but it does mean that the Annual Percentage Yield (APY) could increase.
However, the original points of departure are:
・Replacement of Ethereum with BNB
・Expansion of the AlphaHOMORA service
These two are the main focus, so it can be said that the protocol is maintaining its current status.
While operating with stablecoins individually or in pairs, if the TVL continues to decrease, considering a strategy to withdraw could be plausible.
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