Related Posts
How realistic is a four day work week?
Analytics folks at PwC what team do you sit in?
What is your best classroom management trick?
Additional Posts in Everything crypto
Who is still HODLing XVG, TRX, and IOTA?
Wtf is up up up with Celo?
Crypto up from the Eagles win. E-A-G-L-E-S!!!
New to Fishbowl?
unlock all discussions on Fishbowl.
How does this work?
No more concern than credit card interest rates would bring for a card with a high limit. Also the crypto lending sites show what interest they are lending out at. Usually 20-30% which falls within high credit interest rates.
Hope you done intend to try to redeem those coins. The I lay folks willing to pay 9% on USDC are folks who can not get kyc’d because they are engaging in illicit activity. Read fine print. Centre can burn your coins 🔥🔥
Wait til Director 1 finds out the interest rate being paid by the person borrowing is closer to 20-30% (depending on the coin). 9% is what you get for depositing the money that will be lent at much higher rates.
Nice! I just opened an account with BlockFi and they’re at like 8.6% for USDC which is a good feeling :)
I’ve long given up on HYSAs - Marcus used to be good way back in the day but that was a long time ago
Rising Star
Next step on your journey is Defi stable coin farms
It comes with risk, but I’m satisfied currently.
WOAH 😨
What is this?
Voyager
Teach me
Rising Star
Familiarize yourself with ethereum based defi. Get an understanding of smart contracts and how to use a wallet like metamask. Yearn.finance is a good place to go for some single asset audited farms