Ripple (XRPUSD): Swapped 9325 SGB for 1190 CAND, which is...

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WiseYoda

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Monday, 01/10/2022 12:20:30 PM

Monday, January 10, 2022 12:20:30 PM

Swapped 9325 SGB for 1190 CAND, which is a stable coin. I did so as Im trying to learn and earn thru FlareLoans now. For those of you wondering, I share this info to encourage those who want to try and learn another product in this network for when Flare goes live and also its a faster learning mechanism for myself in typing the process out. It helps Yoda remember as some may forget that I’m over 900 years old, ;). Anyhow, if one swaps or earns CAND they can utilize those CAND in FlareLoans to earn SFIN and believe other coins as well such as SGB and DFLR. Personally, I just want as much SFIN as I can get. If you goto the stability pool in FlareLoans it will allow you to stake your CAND in the stability pool to loan out that CAND. From there you can go to the liquidation tab where you’ll see varies loans that are close to the 110% collateralization ratio. Any loans that fall under the 110% ratio will allow u to liquidate that loan and earn u rewards. There is an option as well that will show only loans that u can liquidate. To those who have CAND can give it a shot.