4 ms·
How much are you staking to get that kind of return?
by doopy1 5y ago
How much are you staking to get that kind of return?
- artdigital 5y agoDon't want to share the exact amount but for stablecoins you can get 8-12% APR and that's as 'safe' as it gets without having to deal with price fluctuations. So if you were to convert $100k savings into stablecoins, you'd have a return of $230 per week (100000*12/100/52) For yield farming you are dealing with higher risk, but you can easily get 50%+ APY on liquidity pools, compare that with the 12% above and it's not too hard to get to $500 a week
- asdev 5y agoimpermanent loss will eat those returns though, unless it's stables