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I can tell you right now that there is absolutely no safe yield in crypto currently that goes beyond 4% on a “safe” stablecoin like USDC. For truly safe (as in,
by puranjay 4y ago
I can tell you right now that there is absolutely no safe yield in crypto currently that goes beyond 4% on a “safe” stablecoin like USDC. For truly safe (as in, huge value locked, never been hacked), the yield is more like 1.5-2%
All the high yield is in algoponzis or new protocols that carry massive protocol risk
- elliekelly 4y agoThere is absolutely no safe crypto. Full stop.
- TheDudeMan 4y agoThere is also no safe stock, right? (No need to list the differences between stocks and cryptocurrencies.)
- ceeplusplus 4y agoEh, there are CeFi lenders like BlockFi/Gemini offering 7%. It's not zero risk, but the loans are partly collateralized and the borrowers are institutional entities who aren't your everyday scammer. It's better than unsecured corporate bonds in my view.