USDT: 8-9% at YouHodler/Nexo, Non-EU Exchanges?
- Thread starter DerAufklaerer
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it wont work every year constantly just during the bull market phases. And tripling in such a year is not "that much". Just holding bitcoin since jan23 is like a 4x today without any special︀ execution or platform risk inherent to these strategies.
Getting an apy of 40% of stablecoins︁ was not uncommon like 3 years ago. But it disappears when shat goes down.
well position sizing is important if you plan to engaging︆ doing this. Even if 10% of your overall portfolio is wiped out completely due to︇ platform risk (in whatever form, bankrupcy or kyc scam) it can be recovered by the︈ other 90%. Ideally this 10% can provide outsized yield for some time. Its also possible︉ you can exit the position or yield goes down that much that is not worth︊ any more and you can stop operations.
Getting an apy of 40% of stablecoins︁ was not uncommon like 3 years ago. But it disappears when shat goes down.
well position sizing is important if you plan to engaging︆ doing this. Even if 10% of your overall portfolio is wiped out completely due to︇ platform risk (in whatever form, bankrupcy or kyc scam) it can be recovered by the︈ other 90%. Ideally this 10% can provide outsized yield for some time. Its also possible︉ you can exit the position or yield goes down that much that is not worth︊ any more and you can stop operations.
It is supposed to be safer than CEX staking.
On the other hand, Bitfinex Lending is an exchange that has been on the market for a long time and is one of the largest.
Not an easy decision
On the other hand, Bitfinex Lending is an exchange that has been on the market for a long time and is one of the largest.
Not an easy decision
I am surprised no one mentions PIONEX.
Today 9% on USDT, was 19% last week.
They got lots of interesting yielding options.
NAVI looks really interesting,
USDT 31% right now
USDC 33%
(about 4% of it is in SUI)
Haven't looked into it much yet, how's the risk profile and how long do they exists?
Today 9% on USDT, was 19% last week.
They got lots of interesting yielding options.
NAVI looks really interesting,
USDT 31% right now
USDC 33%
(about 4% of it is in SUI)
Haven't looked into it much yet, how's the risk profile and how long do they exists?
Can someone explain to me how the supply APY is double of the borrow APY?
How does it work?
Usually you pay more interest if you borrow than you get if you deposit...what am I missing?
https://app.naviprotocol.io/details...a437aaa7d3c74c18e09a95d48aceab08c::coin::COIN
How does it work?
Usually you pay more interest if you borrow than you get if you deposit...what am I missing?
https://app.naviprotocol.io/details...a437aaa7d3c74c18e09a95d48aceab08c::coin::COIN
Every investment carries risks, even storing assets like tether. But Aave has proven itself as a strong platform over time. If Aave were to fail, it would signal a problem not just with it, but with crypto in general.
Think about the impact on the crypto market if a big player like Aave were to crash.
Now, imagine someone who puts 50% of their savings into USDT, planning not to spend it. For example, if they have $500,000 locked in USDT, they could earn $50,000 annually without doing anything, as long as the︀ APY remains stable.
In my opinion, life teaches us that nothing is completely secure. Just︁ look at how Silicon Valley Bank crashed less than a year ago. But when it︂ comes to investing, I don't think Aave is much riskier than the top 10 to︃ 50 US banks. These banks typically don't offer returns as high as 4-5% per year,︄ and they haven't proven to be better than Aave at this moment, just a smaller︅ APY
The other option is keeping the stablecoin in a cold wallet, but there's no︆ benefit to that.
Think about the impact on the crypto market if a big player like Aave were to crash.
Now, imagine someone who puts 50% of their savings into USDT, planning not to spend it. For example, if they have $500,000 locked in USDT, they could earn $50,000 annually without doing anything, as long as the︀ APY remains stable.
In my opinion, life teaches us that nothing is completely secure. Just︁ look at how Silicon Valley Bank crashed less than a year ago. But when it︂ comes to investing, I don't think Aave is much riskier than the top 10 to︃ 50 US banks. These banks typically don't offer returns as high as 4-5% per year,︄ and they haven't proven to be better than Aave at this moment, just a smaller︅ APY
The other option is keeping the stablecoin in a cold wallet, but there's no︆ benefit to that.
you can stake cosmos and have even more passive income. Like 3x more 😉. Even uncle sam pays a measily 5% like eth.
Normal in shitcoin land.
Normal in shitcoin land.
i dont use an exchange, but self hosted Keplr wallet and I pick a validator.
Other options are leap wallet or exodus wallet.
some of the exchanges offer it too, but well yeah its exchanges.
Generally, as the rewards are paid in kind the income is not stable in any shape or form nor plannable.
Other options are leap wallet or exodus wallet.
some of the exchanges offer it too, but well yeah its exchanges.
Generally, as the rewards are paid in kind the income is not stable in any shape or form nor plannable.
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