Staking stables? - page 2. | Bitcointalksearch.org

crwth

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Quote from: Croin on September 28, 2021, 08:39:56 AM

Lending is also fine, mean in general something with a ROI which won't scam me for my stables

(or horses)

So have you tried it? I'm seeing in my Ledger Manager that you can do the Lend option. It accepts the following stables

USDC
DAI
USDT

It's pretty informative within the site linked below. Just be careful about how much you are risking. I haven't tried it TBH but I think it's worth to try.

https://www.ledger.com/lend

Fivestar4everMVP

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Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

You can try chainge.finance, in chainge.finance app, you can time frame your usdt and you can then use the TF-USDT to add liquidity against other stable coins with absolutely no impermanent loss.

The later is if you still want to earn more money from trading fees, but you don't want to, you are already rewarded for Time framing your usdt which also is zero impermanent loss.

The app is available for download in google playstore or iPhone Apple store just search for Chainge finance.

You can see more here - https://www.chainge.finance/info/pool

el kaka22

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I believe that uniswap and pancakeswap has these options as well. You are not staking stable and earn stable, but you are staking stable and earning tokens. Which is probably not what you want but at least it is the best option when you are not required to do any KYC at all there. Obviously there is an increasing problem of stablecoins being a bit hard to trust since they are centralized, but if you can convince yourself that they are good, then you could definitely do that.

I personally believe that you should stake tokens and earn tokens, that is a much better way to stake. For example if you buy uni token then stake uni token that would be great return, or ETH has proof of staking now, or Cake has staking as well. Those things are a lot better than stablecoins because they are a lot more trustworthy as well, but that is just what I think, you do what you feel the best.

Croin

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Quote from: semobo on September 28, 2021, 11:08:23 AM

Quote from: Croin on September 28, 2021, 10:07:50 AM

Quote from: semobo on September 28, 2021, 08:51:34 AM

Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

Blockfi is one of the best staking platform which offers 8%APY upto $40000 which is a decent rate for staking a stable coin but its not really a smart investment option since you are going to hold a huge amount for very little return.

About the risk factor as long as the platform performs scam, you are safe. Cheesy

Thank you! But what's the alternative to stacking / lending when you have part of your positions in stables?

There is no better option than these to earn passive income with stable coins, if you have trading skills then go for stable pair long term trade which is less risky compared to volatile pairs when you hold the funds longer like years.

Sry don't get your last sentence. Which Stable pair long term trade do you mean?

Thank you!

semobo

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Quote from: Croin on September 28, 2021, 10:07:50 AM

Quote from: semobo on September 28, 2021, 08:51:34 AM

Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

Blockfi is one of the best staking platform which offers 8%APY upto $40000 which is a decent rate for staking a stable coin but its not really a smart investment option since you are going to hold a huge amount for very little return.

About the risk factor as long as the platform performs scam, you are safe. Cheesy

Thank you! But what's the alternative to stacking / lending when you have part of your positions in stables?

There is no better option than these to earn passive income with stable coins, if you have trading skills then go for stable pair long term trade which is less risky compared to volatile pairs when you hold the funds longer like years.

Croin

sr. member

Activity: 490

Merit: 250

Quote from: cryp24x on September 28, 2021, 08:41:40 AM

Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

You looking for stable staking platform to mint your coin, right?
Well, I could suggest Biswap is one of the best platform for this matter anyway.
Farming or staking using this platform are pretty much good dude, I had been doing it for more than 6 months now
and so far so good, no regrets that I found this platform of farming and staking coins.

Thank you bro, the problem is I don't wanna trust any platform just decentralized are in question.
Earlier or later they all will scam you.

Croin

sr. member

Activity: 490

Merit: 250

Quote from: semobo on September 28, 2021, 08:51:34 AM

Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

Blockfi is one of the best staking platform which offers 8%APY upto $40000 which is a decent rate for staking a stable coin but its not really a smart investment option since you are going to hold a huge amount for very little return.

About the risk factor as long as the platform performs scam, you are safe. Cheesy

Thank you! But what's the alternative to stacking / lending when you have part of your positions in stables?

semobo

full member

Activity: 1498

Merit: 146

Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

Blockfi is one of the best staking platform which offers 8%APY upto $40000 which is a decent rate for staking a stable coin but its not really a smart investment option since you are going to hold a huge amount for very little return.

About the risk factor as long as the platform performs scam, you are safe. Cheesy

cryp24x

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Activity: 1190

Merit: 253

Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

You looking for stable staking platform to mint your coin, right?
Well, I could suggest Biswap is one of the best platform for this matter anyway.
Farming or staking using this platform are pretty much good dude, I had been doing it for more than 6 months now
and so far so good, no regrets that I found this platform of farming and staking coins.

Croin

sr. member

Activity: 490

Merit: 250

Quote from: crwth on September 28, 2021, 07:26:24 AM

I was thinking of stables as horses or livestock are kept. Lol.

Anyway, isn't it available to hardware wallets? I'm thinking of lending instead. Have you thought about this? It's possible that it could give you higher returns, right?

Lending is also fine, mean in general something with a ROI which won't scam me for my stables

(or horses)

ryzaadit

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Activity: 2660

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If you looking without "KYC", the best answer is to use "AMM Exchange (Decentralized Exchange)".

The interest around 0.3%-10% more than that is a bit sketchy and shady because the only new unknown exchange will give high interest. Binance have interest offer called "Binance Eearn" for Stable coin around 0.5-1,2%, I don't know which country you're however I can still use binance without KYC. Another solution you can search some reddit experience or article like this : https://medium.com/@topstaking/staking-stablecoins-best-ways-to-earn-interest-on-stablecoins-a9c0047150b6

Teknisi88

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Quote from: Croin on September 28, 2021, 06:02:50 AM

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

The platform for staking coins is actually a third party that helps you manage the coins you own.
Usually, this platform has a fee that is taken from the rewards you get when trading. Each platform has a different policy regarding this. So make sure this policy fits your needs.

crwth

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https://linktr.ee/crwthopia

I was thinking of stables as horses or livestock are kept. Lol.

Anyway, isn't it available to hardware wallets? I'm thinking of lending instead. Have you thought about this? It's possible that it could give you higher returns, right?

Croin

sr. member

Activity: 490

Merit: 250

Quote from: bitkanu on September 28, 2021, 06:41:45 AM

Quote from: Croin on September 28, 2021, 06:02:50 AM

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

What about staking on the exodus wallet? This seems legit eventhough the APY that already offered by exodus was small but you can stake it through your exodus wallet. As far as i know that exodus wallet has a very good security too. This will not make you pegged with the 3rd party just like the swap or farm service. You can also stake your assets through various wallet like trustwallet, safepall, ledger and something else.
This is the best way to stake your coin as you didn't need to complete the KYC verification as the wallet didn't require it.
It's not a mandatory for the its users.

Thy, but it seems a wallet? I was thinking more about a contract.
Wallets seem to be a weak target for me, if they re not hardware.

Croin

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Activity: 490

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Quote from: Maus0728 on September 28, 2021, 06:54:43 AM

I am not personally into staking stablecoins but I think you could use this thread^[1] as a reference to choose which platform you're going to use. Just gotta be careful on some platforms that offers a great returns that seems to good to be true.

[1] Stablecoin staking

Thy, but I know this thread. The alternatives there seems a bit shady.

Maus0728

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I am not personally into staking stablecoins but I think you could use this thread^[1] as a reference to choose which platform you're going to use. Just gotta be careful on some platforms that offers a great returns that seems to good to be true.

[1] Stablecoin staking

bitkanu

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Quote from: Croin on September 28, 2021, 06:02:50 AM

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

What about staking on the exodus wallet? This seems legit eventhough the APY that already offered by exodus was small but you can stake it through your exodus wallet. As far as i know that exodus wallet has a very good security too. This will not make you pegged with the 3rd party just like the swap or farm service. You can also stake your assets through various wallet like trustwallet, safepall, ledger and something else.
This is the best way to stake your coin as you didn't need to complete the KYC verification as the wallet didn't require it.
It's not a mandatory for the its users.

Croin

sr. member

Activity: 490

Merit: 250

Hey guys!

any idea what's the safest way to stack stables without risking losing them?
(Nothing with KYC)

Thank you!!

Topic: Staking stables? - page 2. (Read 281 times)