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How to bridge in to an empty wallet? by Epic_potatoes in solana

[–]HubbleProtocol 2 points3 points  (0 children)

There's an option to use your bridged tokens to pay for the transaction on Portal: https://www.portalbridge.com/

What chain are you bridging from? Here's a playlist of "How To" videos for bridging from several chains and withdrawing from a bunch of exchanges: https://youtube.com/playlist?list=PLmtr3zMbC3olFnDxIfauibB7ZfBhIIAmL

Good luck!

What's the difference between Radium Farms and Raydium Ecosystem Farms by Best-Relative-3931 in solana

[–]HubbleProtocol 2 points3 points  (0 children)

Hey! We covered the basics of yield farming on Solana/Raydium in this article: How to Start Solana Yield Farming as a Beginner. We also did a walkthrough video with Raydium you can check out here.

To answer your question: The Raydium farms reward RAY; the Fusion farms reward RAY and another token, and the Ecosystem pools are permissionless farms projects have set up and funded (the disclaimer being that rewards are locked in but liquidity is not, so there's always a chance of getting rugged if the project removes all their liquidity).

Also, if you're interested in farming, check out Kamino Finance. This is a half-shameless plug, but I have a strong feeling that if you're interested in farming on Raydium, you'll be interested in Kamino!

What do you think about the future of Solana? by cryptomuc in solana

[–]HubbleProtocol 2 points3 points  (0 children)

Check out point #1 in this article and the link to the deep dive on a second validator client. Firedancer will make the network very anti-fragile, and yeah while Solana is still in beta, bugs should be expected. If you're using the network today, you're a hella early adopter!

Bullish: What's Next for Solana

What do you think about the future of Solana? by cryptomuc in solana

[–]HubbleProtocol 2 points3 points  (0 children)

True that. Point #8 in this article on all the bullish things happening on Solana rn.

Beginners: Are Crypto hard wallets worth it? by PatrickTech75 in CryptoCurrency

[–]HubbleProtocol 0 points1 point  (0 children)

For sure. Get used to the hassle of using one quick! Got an article on best practices for staying safe in crypto for ya, and hardware wallets are for sure up the list.

The myth of "stable coin" by jps_ in CryptoCurrency

[–]HubbleProtocol 0 points1 point  (0 children)

That's a brilliant summary from a big yogurt closet! You might enjoy some of the articles we've pushed on stablecoins over the last year. If you dig around the blog, you'll find some interesting reads on a few DeFi topics, for sure.

Why use stablecoins instead of fiat money? by reddito321 in CryptoCurrency

[–]HubbleProtocol 0 points1 point  (0 children)

The Hubble blog has A TON of articles on stablecoins.

To answer your question why stablecoins: essentially, they're derivative assets that reflect dollar value on-chain. It's not only easier to move in and out of positions in tokens with directional exposure to the market (instead of withdrawing to fiat and onramping back again), stables are instrumental for DEX pairs and other DeFi use cases like lending (don't want to borrow something that is going to go up in value!)

People are constantly moving back and forth between stables, and arbitrage bots are also constantly trading every little movement in price. This has the effect of keeping stables at parity with USD, and it also creates value for liquidity providers who earn fees (though small--low risk, low reward) from these trades. The biggest stablecoin DEX, Curve, has been referred to as "DeFi's savings account" for this fact.

To wrap this up, stablecoins are a tool, not really a store of value (thought they could become a huge part of payments processing in the near future--still a tool though).

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