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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: sephany_7 on June 27, 2022, 01:47:43 PM



Title: I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?
Post by: sephany_7 on June 27, 2022, 01:47:43 PM


I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?





Title: Re: I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?
Post by: Jawhead999 on June 27, 2022, 01:55:55 PM
USDT, Not 100% backed with real USD and could be frozen.
USDC, Same as USDT but more regulated by U.S. government.
DAI, The only one decentralized stable coin right now that have a better marketcap.

Since you're staking, which mean you're let your coins on centralized party, either USDT, USDC and DAI are same since the site/hacker can stole your tokens.


Title: Re: I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?
Post by: X-ray on June 27, 2022, 02:03:47 PM
Is this your new account? you have been asking the same thing in the past. https://bitcointalk.org/index.php?topic=5402465.0

If you in here are only to promote the scam defi and then just leave it. I see that some similar thread in the past and on of these thread already edited. I guess if those accounts have also owned by you. it's not possible to copy and pasting the same thread anytime,.


Title: Re: I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?
Post by: saint_casanova on June 27, 2022, 02:18:46 PM
It's better if you stake in not only 1 stable coin but multi ones to reduce the risk in case something happened to that stable coin. There is plenty of stable coins offered staking like BUSD, USDD, DAI,.. You should spread out over them.


Title: Re: I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?
Post by: Bitstar_coin on June 28, 2022, 01:41:12 PM
It's better if you stake in not only 1 stable coin but multi ones to reduce the risk in case something happened to that stable coin. There is plenty of stable coins offered staking like BUSD, USDD, DAI,.. You should spread out over them.

It is a good idea to stake more than one stablecoin for security purpose but it is equally important to chose a reputable platform with proven track record  to stake where investors funds are secured and guaranteed.
Also if the funds in question is small, splitting them on multiple stablecoins won't bring a reasonable reward since the apy of stablecoins are usually smaller than normal altcoins staking so if the @op decided to split the funds into different stablecoins it won't generate good reward.

However, if @op also wants to stake some good altcoins for a reasonable reward - (an average of 14.98% apy)  mycointainer (https://www.mycointainer.com/) is one of the good platform to stake, there is a guide (https://www.mycointainer.com/insight/tag/guides-and-tutorials/) on how to get started. Remember to always do your due diligent in all investment option. NFA


Title: Re: I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?
Post by: coinerer on June 28, 2022, 02:10:25 PM


I stake most of my USDT, it is better to stake it as USDT or USDC or DAI ?

first of all i wait to tell you it is your good decision to stake your usdt. it will give you high return then our central bank. and i think usdc is more safe then usdt and DIA. and USDT is more safe the DIA so you can choice usdt or USDC there twice Peg is good and trustable . But DIA is a decentralised peg so you can choice this also now it is totally your wish. this 3 peg is good