Currently staking $50,000 on Binance with around 6.5% APY on a 1 month lock.
I want safe options, not highest yields and I don't trust Binance with all my money...
Currently staking $50,000 on Binance with around 6.5% APY on a 1 month lock.
I want safe options, not highest yields and I don't trust Binance with all my money...
Pizza.finance
I suggest CoinMetro bonds.
You can get 16% APY on Yearn at the moment
avocadotoast.finance
still not here
(me)
Here you have 2 years plan.
Why should I trust them to not collapse?
How reliable is the smart contract?
>Pizza.finance
nah.. immagine putting 400k in this lmao
just put it on Binance lending 7% per year
>I want safe options
Binance is literally the safest option.
Immagine trusing meme Defi project wth that money
Binance is ensure
Fundsu are S A F U
blockfi has 8.6% with USDC. i consider them safe because they just recently collected a lot of money and have real investors. at least they wont collapse during the next 12 month
They keep holding on from 2017 year so why they should break now?
yea Blockfi and Celsius are the two I'm eyeing at the moment. Blockfi apparently has user's deposits at the top of the capital stack, so if theres losses they'll be funded first by equity held by employees and shareholders.
Imagine trusting some chink with your money but not immutable, decentralised contracts owned by nobody
swerve is offering 15%-68% APY rn
yvaults have 60% right now.
Wait a sec frens.. I am new to crypto, I have 10k.. if I buy USDT for 10 K I can lend it to Binance and get up to 7%?
Pickle.finance or yearn.finance
7% a year
Diversify into Waves Neutrino (usdn). Around 15 APY, no lock
This I’m staking usdn now earning 15%+ right now.
What other safe options are there except Binance and BlockFi? I tend to not trust these YFI vaults because they don't have real reputation
You could lend DAI on Aave, I've been thinking about doing it as well, thing is with ETH's high gas I'm not even sure how much I would be spending just to deposit, does anyone know?
lmao
"lmao someone is actually responsible with his earnings on /biz" fuck off kiddo I don't want 5000 APY with a downside of 95% chance to lose all of it.
safest decentralised option would probably be AAVE, you could also spread your usd into multiple stablecoins on there to average out the interest
and if you ever want to you can immediately borrow against it
If you assign safety to centralization then I recommend crypto dot com's app. They offer 10% APY with 3 months lock.
I also suggest getting out of USDT and into USDC
>they don't have real reputation
There's almost 1 billion in yvaults, there's your reputation.
you could possibly save on fees by buying aDAI directly, would give you the same result
yearn is the most reputable stablecoin platform you stupid fuck
the downside risk of losing it all is maybe 5%