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>Nobody uses Defi to "borrow". I mostly "use" crypto to keep USDC in DeFi sites like Aave for ~3-10% APY and some on Gemini for a FDIC insured 8% APY. This mon
by iskander 5y ago
>Nobody uses Defi to "borrow".
I mostly "use" crypto to keep USDC in DeFi sites like Aave for ~3-10% APY and some on Gemini for a FDIC insured 8% APY. This money primarily gets lent out for other people margin trading, but you don't really need to take on any of that risk for yourself.