# Interviewee: Ray

Step 1: Current climate and available products

Q:How do you use stablecoins? How long do you keep your assets in stables and at what percentage of your portfolio?
A:

1. use to store all on ftx / but not anymore (Obvious reason)
2. have a few accoutns serve as different purpose
3. usually spend a lot of portfolio in ETH / only swap to stable when need it

Q:What stablecoin do you prefer to use? Why?

1. **USDC**(Primarily) - chepaer borrwing rate (2-3%) USDT 5%+
2. unfamiliar with USDT background and otc out

Q:Have you traded FOREX before? On which platform and which currencies?

1. Not really
2. Less volatility / Needs to leverage up

Step 2: Deep dive into the current climate, different scenarios and experience
Q:What are some of the challenges when using the stablecoins currently offered by the market?

1. Not a lot of places take DAi and other stables, it's also harder to cash out

Q:Do you currently farm/stake to earn yield on your stables? On what platform do you farm your stables on?
A:No. Only staking Eth. Current stable farming not worth the money.

1. Only Farm ETH / hasnt been farming since deif summer

Q:Walk us through your current thought process when deciding to farm your stables? How much do you allocate, when do you
allocate? How long do you allocate it for?

1. APY is not attractive as before, bridging protocl has high apy but high risk also

Q:If there is an option such as stable JPY, would you be interested?

1.Only if i can spend stable JPY. Don't trade FOREX, only useful if can pay or spend it.

Step 3: Alternatives comparison, discover contradictions/cross reference/comparisons between alternatives/discussion

Q:Where do you currently get information about stablecoin on-chain data?

1. CoinGekco, Binance

Q:Would you be interested in using stablecoins that’s pegged to currencies other than USD? Why or why not?

1. Yes, for trading, ex: EURO vs USD. (perp)
2.Spending

Q:What are the differences between trading FX traditionally and on-chain?
A:
Q:Check stablecoins.wtf, what do you like and dislike about it?

1. Makes sense, where is the source from?

2. Only check top 5 coins; rest all shit coins

Q:When depositing liquidity on platforms like Curve, what metrics do you look at before deploying your capital? TVL? Volume?
A: Yield, Trading fee, total volume locked, exposure.

A: P

Step 4: Conclusion, discussion/prioritize issues/organize issues

Q:Please visit these websites: https://stablecoins.wtf/, https://defillama.com/, https://dune.com/hagaetc/stablecoins,

What other features do you wish to see? What features look redundant to you? Any other filter that may enhance your user experience?

A: DYDX (use a lot) / collatorized with USDC, trade with perps

Q:How much does it interest you if the platform integrated their own stablecoins (other than USD) and a Forex trading feature?
A:
Q:Would you be interested in stablecoin yield farming with stables other than USD? Why or why not?
A:
Q:Which function excites you the most, alternative stablecoin other than USD, high APY yield farming with collateralized stablecoin, and/or on-chain forex trading? Why?
A: whos backed / whos building? / how much liqudity? / is it safe

Step 5: Roadmap and FX narrative

Q:When the platform gains traction (daily visits over 1k users), we are going to continue exploring FOREX options on Curve. Would you personally be interested in on-chain forex trading? Why or why not?

A: Ray would check; but not really sure if he would trade often
A: EURO/JPY/british pound

Q:Would you be interested in LSD product powered by on-chain liquidity mining FXEth/FXCrv
A: