Stablecoins can make you 10-100X if you play them right.
Here's how to consistently find the best stablecoins yields.
A threadπ§΅
#stablecoins #web3 #nfts #defi #yields #crypto #bitcoin #gamfi #metaverse #cryptotwitter #alpha
Here's how to consistently find the best stablecoins yields.
A threadπ§΅
#stablecoins #web3 #nfts #defi #yields #crypto #bitcoin #gamfi #metaverse #cryptotwitter #alpha
In this thread, you'll learn where to find the best stablecoin yields leveraging on the following DeFi platforms.
- Lending Protocols
- Yields Aggregators
- Leveraged Stablecoin Farming
Let's dive in.
- Lending Protocols
- Yields Aggregators
- Leveraged Stablecoin Farming
Let's dive in.
- Lending Pools
Lending protocols are #DeFi platforms where users can deposit funds and receive annual yields in return.
Due to its popularity, most people prefer farming #stablecoins with lending protocols.
Lending protocols are #DeFi platforms where users can deposit funds and receive annual yields in return.
Due to its popularity, most people prefer farming #stablecoins with lending protocols.
Here are some lending protocols to check:
- AAVE @AaveAave
- Compound @compoundfinance
- Market @market_xyz
- Rari Capital @RariCapital
- Trader Joe @traderjoe_xyz
- AAVE @AaveAave
- Compound @compoundfinance
- Market @market_xyz
- Rari Capital @RariCapital
- Trader Joe @traderjoe_xyz
- Yield Aggregators
They work as traditional stock exchange brokers. Yield aggregators automate the process of staking and collecting the generated rewards on behalf of users.
They'll deplore their strategies to help you get the best APY, while optimizing for gas fees.
They work as traditional stock exchange brokers. Yield aggregators automate the process of staking and collecting the generated rewards on behalf of users.
They'll deplore their strategies to help you get the best APY, while optimizing for gas fees.
They're also known as autocompounders.
You can check their vaults to discover their APY's.
- Yearn Finance @iearnfinance
- Beefy Finance @beefyfinance
- YieldYak @yieldyak_
- Alpaca Finance @AlpacaFinanceJP
- Tulip Protocol @TulipProtocol
- Curve @CurveFinance (not aggrt)
You can check their vaults to discover their APY's.
- Yearn Finance @iearnfinance
- Beefy Finance @beefyfinance
- YieldYak @yieldyak_
- Alpaca Finance @AlpacaFinanceJP
- Tulip Protocol @TulipProtocol
- Curve @CurveFinance (not aggrt)
Note: New yield aggregators are springing up daily, hence you need to be careful.
They offer the highest APYs, although they're also risky.
Most yield aggregator platforms take a cut of 20% for trading for you, while some takes less.
They offer the highest APYs, although they're also risky.
Most yield aggregator platforms take a cut of 20% for trading for you, while some takes less.
- Leveraged Stablecoin Farming
Basically, they are protocols that allows you to borrow against your stablecoins stack.
They are a new form of borrowing.
Check out the following platforms.
- Abacadabra @MIM_Spell
- Alchemix @AlchemixFi
Basically, they are protocols that allows you to borrow against your stablecoins stack.
They are a new form of borrowing.
Check out the following platforms.
- Abacadabra @MIM_Spell
- Alchemix @AlchemixFi
Aside from these platforms, you can also use centralized exchanges like @binance @kucoincom and @krakenfx to check for yields.
Also, platforms like @cryptocom and @BlockFi are handy.
Thanks for reading.
Also, platforms like @cryptocom and @BlockFi are handy.
Thanks for reading.
Follow me @ViktorDefi for more actionable DeFi contents like this.
To never out of alphas, follow these top CT accounts @DeFi_educator @thedefiedge @Route2FI @Crypto8Fi @Cov_duk @milesdeutscher @MishadaVinci
To never out of alphas, follow these top CT accounts @DeFi_educator @thedefiedge @Route2FI @Crypto8Fi @Cov_duk @milesdeutscher @MishadaVinci
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