Any other reliable crypto earn plateforme than nexo ?

[Mimimel]

Hello, I'm looking for an equivalent to Nexo with crypto earnings at 8-12% on stablecoins. Other than YouHolder, which has become unusable. Any ideas?

 

[TurnedToRobot2]

Look at defi platforms such as aave, compound, lido etc

 

[youngbilly]

Look at defi platforms such as aave, compound, lido etc

Hello, I'm looking for an equivalent to Nexo with crypto earnings at 8-12% on stablecoins. Other than YouHolder, which has become unusable. Any ideas?

Staking/Farming is usury afaik

 

[Mimimel]

Look at defi platforms such as aave, compound, lido etc

And about Cefi any recommandations ?

 

[TurnedToRobot2]

And about Cefi any recommandations ?

None, if you care about your crypto.

 

[ilke]

And about Cefi any recommandations ?

Why would you want CeFi? Should be a last resort option IMO

 

[youngbilly]

Why would you want CeFi? Should be a last resort option IMO

Bigger leverage i guess.
But theoretically bigger leverage would be possible in defi too, but I cant understand how for now

 

[Mimimel]

Why would you want CeFi? Should be a last resort option IMO

Let's said that it is a personal choice. I prefer to keep a part in the Cefi.

 

[Mercury]

Why would you want CeFi? Should be a last resort option IMO

CeFi vs DeFi risks differ. At this point of time I don't see one much safer than the other.
Personally, I'd feel safer letting 6+ figures on a top CeFi regulated legacy platform than any DeFi protocol.

 

[TurnedToRobot2]

Stay away from stablecoins altogether (use them only when needed for quick payments).
This has already been discussed here, for example https://www.offshorecorptalk.com/th...blecoins-altcoins-e-currency-or-beyond.43652/

 

[youngbilly]

Stay away from stablecoins altogether (use them only when needed for quick payments).
This has already been discussed here, for example https://www.offshorecorptalk.com/th...blecoins-altcoins-e-currency-or-beyond.43652/

Of course there always will be a possibility for stablecoins to rug, but i see whats behind your rhetoric

 

[alistera]

This is how it works, crypto funds target 70-100% return on capital, most only get to 30-50% and save the 100% for HFT, offering 10% staking is one of the most ridiculous wastes of capital in existence unless you have $millions, like Changelly who hold millions in exchanges for months under KYC/AML AML and stake it, yes aave or compound but they really are last resort options.