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USDT: 8-9% at YouHodler/Nexo, Non-EU Exchanges?

#21
thomasparra said:
Not sure i would feel comfortable investing more than 10% of my net worth in this. What about you?


I am struggling to understand why this is not capitalized on yet. What I have learnt in finance over the years is that there is no free lunch. I would believe 20% on this (already very nice) but almost tripling your investment every year is crazy.
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it wont work every year constantly just during the bull market phases. And tripling in such a year is not "that much". Just holding bitcoin since jan23 is like a 4x today without any special execution or platform risk inherent to these strategies.

Getting an apy of 40% of stablecoins was not uncommon like 3 years ago. But it disappears when shat goes down.

jafo said:
Bravo for asking the hard-hitting questions! ;)


Thanks for reminding me stupi#21 .... my delusional greed was just about to take over my Ventromedial Prefrontal Cortex on a subject I hadn't fully realized was outside my circle of competence rof/% rof/% rof/% rof/% rof/%

Note to self: I have to measure thrice and cut once because I am my worst enemy cry&¤

PS. The value of OCT is immeasurable! :cool:
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well position sizing is important if you plan to engaging doing this. Even if 10% of your overall portfolio is wiped out completely due to platform risk (in whatever form, bankrupcy or kyc scam) it can be recovered by the other 90%. Ideally this 10% can provide outsized yield for some time. Its also possible you can exit the position or yield goes down that much that is not worth any more and you can stop operations.
 
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#26
I am surprised no one mentions PIONEX.

Today 9% on USDT, was 19% last week.
They got lots of interesting yielding options.

float said:
USDC-DAI on GMX is 13%
USDT APY is 24.7% on NAVI
USDC on Aave is 13% Aave - Open Source Liquidity Protocol
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NAVI looks really interesting,

USDT 31% right now
USDC 33%

(about 4% of it is in SUI)

Haven't looked into it much yet, how's the risk profile and how long do they exists?
 
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#28
Can someone explain to me how the supply APY is double of the borrow APY?
How does it work?
Usually you pay more interest if you borrow than you get if you deposit...what am I missing?

app.naviprotocol.io

NAVI

NAVI is the One-stop Liquidity Protocol built on Move. NAVI Products offers easy to use lending/borrowing.
app.naviprotocol.io app.naviprotocol.io
 

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#29
cryptofriendly said:
Can someone explain to me how the supply APY is double of the borrow APY?
How does it work?
Usually you pay more interest if you borrow than you get if you deposit...what am I missing?

app.naviprotocol.io

NAVI

NAVI is the One-stop Liquidity Protocol built on Move. NAVI Products offers easy to use lending/borrowing.
app.naviprotocol.io app.naviprotocol.io
Click to expand...
I saw it happening before on other platforms. They didn’t end well.
 
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#32
JohnnyDoe said:
Through their native tokens, until they implode.
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Every investment carries risks, even storing assets like tether. But Aave has proven itself as a strong platform over time. If Aave were to fail, it would signal a problem not just with it, but with crypto in general.

Think about the impact on the crypto market if a big player like Aave were to crash.

Now, imagine someone who puts 50% of their savings into USDT, planning not to spend it. For example, if they have $500,000 locked in USDT, they could earn $50,000 annually without doing anything, as long as the APY remains stable.

In my opinion, life teaches us that nothing is completely secure. Just look at how Silicon Valley Bank crashed less than a year ago. But when it comes to investing, I don't think Aave is much riskier than the top 10 to 50 US banks. These banks typically don't offer returns as high as 4-5% per year, and they haven't proven to be better than Aave at this moment, just a smaller APY

The other option is keeping the stablecoin in a cold wallet, but there's no benefit to that.
 
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#33
LosAngeles said:
Every investment carries risks, even storing assets like tether. But Aave has proven itself as a strong platform over time. If Aave were to fail, it would signal a problem not just with it, but with crypto in general.

Think about the impact on the crypto market if a big player like Aave were to crash.

Now, imagine someone who puts 50% of their savings into USDT, planning not to spend it. For example, if they have $500,000 locked in USDT, they could earn $50,000 annually without doing anything, as long as the APY remains stable.

In my opinion, life teaches us that nothing is completely secure. Just look at how Silicon Valley Bank crashed less than a year ago. But when it comes to investing, I don't think Aave is much riskier than the top 10 to 50 US banks. These banks typically don't offer returns as high as 4-5% per year, and they haven't proven to be better than Aave at this moment, just a smaller APY

The other option is keeping the stablecoin in a cold wallet, but there's no benefit to that.
Click to expand...
This totally happend with LUNA. and others. been in the space since 2013\14. Things NEVER end well for anything other than the king. (Bitcoin)

high risk, ALWAYS in all the others, anything can implode.
 
#34
McPoquito said:
This totally happend with LUNA. and others. been in the space since 2013\14. Things NEVER end well for anything other than the king. (Bitcoin)

high risk, ALWAYS in all the others, anything can implode.
Click to expand...
King or not, I prefer ETH. Just invest in 32 coins to activate your own validator, and there you have a passive income. And I might be wrong, but Ethereum has more chances of doubling its price than BTC right now.
 
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#35
Marshal said:
King or not, I prefer ETH. Just invest in 32 coins to activate your own validator, and there you have a passive income. And I might be wrong, but Ethereum has more chances of doubling its price than BTC right now.
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you can stake cosmos and have even more passive income. Like 3x more ;). Even uncle sam pays a measily 5% like eth.
Normal in shitcoin land.
 
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#39
jafo said:
What exchange or app do you use to stake cosmos?
Click to expand...
i dont use an exchange, but self hosted Keplr wallet and I pick a validator.
Other options are leap wallet or exodus wallet.

some of the exchanges offer it too, but well yeah its exchanges.

Generally, as the rewards are paid in kind the income is not stable in any shape or form nor plannable.
 
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