Tron and bump stock app musings.
From the inside of justlend

Tron and bump stock app musings.

By edexter | Dexter's finance musings | 27 Mar 2021


Tron has recently made some changes to the TRONlink wallet and just lend has been started up.  The price is up quite considerably although it may be under reporting the seed price.  Seed can be changed into it's crypto holdings at any time.

The staking rate for Tron is really down but you can make considerable amounts off of just lend at the moment.  It's impressive in some ways although the rates for stable dollars are poor.  It looks like a good platform to borrow short.  After the special event they are running perhaps the rates will change on the borrow side.  They are in a good position to compete with eth defi but it may fall slightly short for awhile it remains to be seen.  A credit or debit card is probably the killer app.

 

The bumped app isn't all the way back the way it was for sure.  The credit card scanning rebates are back.  It's not quite the same but I did get 8 cents from eating at the taco Bell and should get 1.08 rebate from a mail-order.  I choose to get my money back as the vti etf because the little $55 account is overweight mcd and yum brands.  It's a hedge against hyperinflation of the dollar maybe.  Remains to be seen though and it would surprise me if I bought more than $5 through the app in a year but it is interesting and I support the concept.


edexter
edexter

Long time invester working at a meat packing plant.


Dexter's finance musings
Dexter's finance musings

This is just a blog about whatever my latest speculation is. Mining stocks, crypto or even bonds at times

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