How am I evaluating the stablecoins I have?

Today, I took a small risk. Normally, I was farming stablecoins by adding to the HONEY-BYUSD LP with a 5% APY on @InfraredFinance.

Today, I converted that LP to rUSD-HONEY.

This way;

1- The APY rate increased to 16%.

2- I also started to accumulate points on @reservoir_xyz.

3- I'm already accumulating points on @InfraredFinance.

So, money will actually come from 3 places.

What’s the risk?

If these relatively new platforms fail, I will be in big trouble.

So why did I take the risk?

There is nearly $1 Billion in TVL on Infrared.

There is nearly $220 Million in TVL on Reservoir.

Both are used by DeFi whales that I follow.

Let's see if we can get a return for the risk we took safely :)