Hello biz. I have $12k sitting on my bank account. I'm ok for now with my crypto portfolio so not looking to take more risk.
What are the best options for providing liquidity with stablecoins or locking them up somewhere for good returns? I wouldn't mind going 50/50 on ETH/stablecoin if the returns are way higher, but preferably just stablecoin.
Any suggestions? have some OC milkers in return
how much risk are you willing to take?
has probably the best returns. current APY around 400% i think, which is diminishing as the price drops
risk of rug pull as the dev sees his cash vanish though. could have rugged any time in the past but might just do it now as tokenomics are terrible for the coin and its quickly approaching double digits
great advice ranjesh
thanks, yeah definitely rug pull risk is not something I'm willing to take, As I said, this would be only complementing my crypto folio so I'm ok with much lower returns than 400% but hopefully much higher than the normie 6-7%?
But again, if a stablecoin paired with ETH gives much higher returns I'd consider it.
There's a lot of undefined risk in an option like YFI vault (exposure to multiple layers of smart contracts), but that's probably your best bet for maximum yield without non-USD exposure.
Why is that man playing with his chest?
yfv.finance
think you can get 15% at yfv. think it might go up to 30% next epoch(6 days from now) but im not really sure
yfi vaults give you like 5% and are probably the least risk
fUSD
fuck all these shitty replies. op, don’t fuck with unaudited contracts. simply convert your 12k into your favorite stablecoin and deposit it into Celsius for 11.55% APY interest.
Thanks I'll check it out. YFV tho... governance token down 90% from ATH, not feeling it...
What about providing liquidity somewhere?
seems like fun, you should try it
pools.fyi
good link, thanks, just what I needed
pickle.finance dyor sir
not gonna put my money into something named after a phallic vegetable
Unironically this is your most risks averse decision.
Agreed, Celsius is a good platform, not even shilling. Used them off and on when I roll all cash the past year and a half.
what's your point? just because she got some cum in the face that makes her useless and the whole platform unreliable? What are you, 12?
that's a man
look at the gut on this man
>trusting a company that would employee this person to oversee your funds
really? this isnt a red flag for you? kek, definitely 100% smooth-brained and ngmi
I'm not yet going to trust the company, a couple anons recommended it, that's it.
I'll do my own research, but your retarded picture is not going to mean a thing.
I bet you jerked off to that video too, go back to tiktok
take a peek at harvest.finance
audits coming soon
godspeed user
I'm actually unaware of this. I know that Celsius complies with New York and London regulations and are as legitimate of a business as businesses get.
lol, ok. enjoy the 11% apr on your $12k -- dont say you werent warned.
>unaware of this
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Warned? you are warning me against making money?yes I will enjoy the 11% (hopefully more if I find a better option).
NGMI? I am someone with 12k of literally leftover money that I don't need to pay any debt or try to grow exponentially by gambling on shitcoins anymore. Why? I have a very good shitcoin portfolio already.
Doesn't that tell you something?
Sometimes there is no need to be greedy user. Sorry but you have no idea who you're talking to.
Why not just use oasis
OP, again, fuck every single other reply. Celsius was created by the guy who brought you Voice over fucking IP. He knows what the fuck is up.
Feel free to lose your hard earned money by not following my advice, don’t really care.
what's the APY?
I'm not dismissing it user, simply staying on the thread and read everyone's opinion.
I'm interested in yearn and own the yfi governance token but I don't know how secure your tokens are once on yearn I know that Celsius took a great deal of time and effort to be seen as a serious and legitimate financial firm with the possiblity of issuing shares on the stock market in the future.
11.55% compounded weekly on stable coins. 6.5% on eth, 6.0% on bitcoin. biz is full of retards and jeets degenerates. I’ve used Celsius over last year and they’ve only been steadily increasing their apy’s. Watch Celsius networks videos on YouTube. Alex Mashinsky is the creator and ever Friday he does an ama on yt. Every other platform (blockfi, Coinbase, etc) who offer rewards only did so because of Celsius. They are the leader in this space. Watch their videos and you’ll be sold