Abiky (OP)
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www.Crypto.Games: Multiple coins, multiple games
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November 01, 2020, 12:03:59 AM |
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There are now many "De-Fi" platforms each with their attractive interest rates when it comes to lending stablecoins on the Blockchain. The most popular platforms are Compound and Aave with rates far higher than any traditional bank would offer in the mainstream world. As I'm on the hunt for profits, I'm eager to put most of my USDC and DAI stablecoins into a "De-Fi" platform with the highest rates available in the crypto/Blockchain space. If you happen to know of a "De-Fi" platform (dApp) which offers the highest interest rates for stablecoins, please let me know. I'd also appreciate if you could give me some advice to "De-Fi" lending as I'm still new to this emerging industry. Any suggestions or recommendations will be greatly appreciated. Thanks.
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pakhitheboss
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November 01, 2020, 12:26:47 AM Last edit: November 01, 2020, 12:37:53 AM by pakhitheboss |
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If you are looking to find out which platform will give you a high return on your DAI and USDC then you can visit this link - https://defipulse.com/incomeSelect the Asset from the dropdown and enter your quantity you will find your answer below. For USDC these are the rates.For DAI these are the rates.You can choose to invest in the desired platform by clicking on the Next button. You can also check this youtube video where the host invests in one of the lending platforms - https://www.youtube.com/watch?v=VYp9oiEI7GUThis should help you to start with lending.
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bitmover
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bitcoindata.science
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November 02, 2020, 04:20:51 AM |
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3% to 6% per month? This is a ponzi. Omg. I didn't know DEFI were like that. I recommend everyone to stay away of any of this. Those projects are certainly going to disappear with all the money anytime soon. You can get more realistic interest rates here: https://www.binance.com/en/lending#lending-demandDeposits
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pakhitheboss
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November 02, 2020, 04:58:09 AM |
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3% to 6% per month? This is a ponzi. Omg. I didn't know DEFI were like that. I recommend everyone to stay away of any of this. Those projects are certainly going to disappear with all the money anytime soon. You can get more realistic interest rates here: https://www.binance.com/en/lending#lending-demandDepositsI donot think ponzi is the right word here. You are shilling a centralized exchange and you are questioning DEX. These are not high returns in DeFi if you had checked what other projects like sushi promised. These are all realistic returns based on the volume being generated by these DEX. Binance does not have such huge volumes for DeFi based projects therefore it is unable to match those returns.
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Btra
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MYID
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November 02, 2020, 05:05:03 AM |
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There are many stable coins in the cryptomarket available now but among these only a few are offering higher and very decent interest rates. If you go through the Binance saving platform then you can find their DAI and USDT is offering more than 6% of interest APY for your investment. So, I choose DAI as my saving interest income. Besides, this in the Kucoin exchange the Interest rate varied from 3% to 10% or higher for USDT for a minimum saving period of 3 months.
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Yudhisthir
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www.Artemis.co
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November 02, 2020, 06:17:51 AM |
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If you are okay with centralized platform, NEXO, a bitpay insured fund provides 12% yearly interest on supported fiat stablecoin. They support a number of popular stablecoins like USDT, TUSD, HUSD, USDC and Paxos. Youhodler also provides similar interest but they are not as flexible as Nexo saving which allows adding and withdrawing anytime as well as interest are added to account daily.
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bitmover
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bitcoindata.science
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November 02, 2020, 02:10:38 PM |
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I donot think ponzi is the right word here.
You are shilling a centralized exchange and you are questioning DEX. These are not high returns in DeFi if you had checked what other projects like sushi promised. These are all realistic returns based on the volume being generated by these DEX.
Binance does not have such huge volumes for DeFi based projects therefore it is unable to match those returns.
The only thing decentralized in DeFI is its name. Nothing else. 6% return per month is realistic? Nearly 100% per year? Not even Google, Apple or Amazon generate those kind of returns. Interest rates world wide are negative. Good luck gambling with your money. That's the perfect definition of ponzi scheme to me. EDit: Just make some research about HOW are they making all that money. They certainly aren't making all that money. Thats the point. its not sustainable.
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Rodeo02
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November 02, 2020, 02:31:49 PM |
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3% to 6% per month? This is a ponzi. Omg. I didn't know DEFI were like that. I recommend everyone to stay away of any of this. Those projects are certainly going to disappear with all the money anytime soon. That's what I think when I see his post ,that's too much interest for a legit staking project .for a month it give 5% interest means in a year you will earn 120% annual return from your investment which is too good to be true if you are long time investors. If all lending platforms in crypto space are offering their users up to 6% per month then they are complete Ponzi schemes, sooner or later everything will come crash landing on investors who patronized them, proof of stake coins are better, their returns are annual and it's more reasonable
Agree, the truth is how they can sustain that interest if there is no lenders in their platform it's not easy to find lenders now a day mostly if you are asking for collateral first.
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Abiky (OP)
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www.Crypto.Games: Multiple coins, multiple games
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November 03, 2020, 01:49:01 AM |
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If you are looking to find out which platform will give you a high return on your DAI and USDC then you can visit this link - https://defipulse.com/incomeSelect the Asset from the dropdown and enter your quantity you will find your answer below. .. You can choose to invest in the desired platform by clicking on the Next button. You can also check this youtube video where the host invests in one of the lending platforms - https://www.youtube.com/watch?v=VYp9oiEI7GUThis should help you to start with lending. Thanks for sharing. USDC seems to be a very attractive investment at the moment. What I don't like about USDC is that it's centralized. There have been cases where USDC addresses' funds were frozen by the issuer, the same way it has happened with USDT before. Despite DAI being a decentralized challenger, the stablecoin is not as popular as centralized ones. Anyhow, I've noticed that some "De-Fi" platforms have higher interest rates than others. I'm still new to all of this, so I can't seem to understand why this happens. Back then, interest rates for DAI where sitting at 5% APR in Compound.Finance. But now, rates have declined considerably. At least, the protocol works as intended. While I'm quite fond of "De-Fi's" features, it still has a long way to go before it can challenge traditional banks in the mainstream world. High fees per each operation performed on the "De-Fi" platform (either depositing or withdrawing), makes mainstream banks a much better option. Let's hope that as time goes by, the "De-Fi" industry matures as developers (and the community as a whole) make it a better place. Just my thoughts
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Shadovka
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November 03, 2020, 04:48:32 AM |
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There are now many "De-Fi" platforms each with their attractive interest rates when it comes to lending stablecoins on the Blockchain. The most popular platforms are Compound and Aave with rates far higher than any traditional bank would offer in the mainstream world. As I'm on the hunt for profits, I'm eager to put most of my USDC and DAI stablecoins into a "De-Fi" platform with the highest rates available in the crypto/Blockchain space. If you happen to know of a "De-Fi" platform (dApp) which offers the highest interest rates for stablecoins, please let me know. I'd also appreciate if you could give me some advice to "De-Fi" lending as I'm still new to this emerging industry. Any suggestions or recommendations will be greatly appreciated. Thanks. Supported Coins Supported Stablecoins CRO 3-month 6.5 12 6 1-month 4.5 10 4 Flexible 2 8 If you are looking for high interest rate earn maybe you will want to look at MCO card their interest rate offer for various coins are quite high in comparison. Whether are they legit or not will depends on how you see it from what i know is that there are many users for the debit card itself due to the perks by the card i am also a user but ultimately it still depends on you to think this is a legit ICO or not.
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ryzaadit
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November 03, 2020, 04:53:42 AM |
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The only thing decentralized in DeFI is its name. Nothing else.
6% return per month is realistic? Nearly 100% per year? Not even Google, Apple or Amazon generate those kind of returns. Interest rates world wide are negative.
Good luck gambling with your money.
That's the perfect definition of ponzi scheme to me.
Right. Name of DeFi right now just kind of bullshit their main service only for offering an insane APY/Stake interest to everyone so they use their service to stake your token. More than 10-15%/years already high how about 6-10%/month it's kinda insane and some stupid DeFi offering more than hundred/thousand percentage. A reasonable percentage always in the range 5-10%/years in my opinion.
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masyari
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November 03, 2020, 06:53:25 AM |
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People still believes in Ponzi but with new naming
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Bekuciwu9
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November 03, 2020, 07:02:35 AM |
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You are shilling a centralized exchange and you are questioning DEX. These are not high returns in DeFi if you had checked what other projects like sushi promised. These are all realistic returns based on the volume being generated by these DEX.
If you ever had any real experience with finance outisde crypto, you would see that realistic return is up to 10% per year, no more.Everyone that offers you 100% return in a year is not long term solution and will fail sooner or later. Binance does not have such huge volumes for DeFi based projects therefore it is unable to match those returns.
Binance can't much those returns because it is not scam and they know that they cant give 100% return and expect to be in bussiness for more than a year.All these high yield defi wont be around in 6-12 months.
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mirgo1791
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November 03, 2020, 09:07:45 AM |
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major crypto currency might shows on market chart as they have with different figure on drawing that pupils to put of decision as fine to follows return with use of work on evaluation to secure of risks on waste as the entrance into field of business with the bitcoin finance.
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💌💌💌💌💌 DO NEAR - GAMES ARE LOVE 💌💌💌💌💌
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bitmover
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bitcoindata.science
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November 03, 2020, 04:09:23 PM |
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People still believes in Ponzi but with new naming
That summaries the whole DeFi ecosystem and DeFi discussion. Ponzi with a new naming. Binance does not have such huge volumes for DeFi based projects therefore it is unable to match those returns.
Binance can't much those returns because it is not scam and they know that they cant give 100% return and expect to be in bussiness for more than a year.All these high yield defi wont be around in 6-12 months. The most probable scenario is that those DeFi farms paying 6% per month will pay for around 2-3 months and they will suddenly disappear with your WHOLE capital. That's nice, right? You get 6% for about 3months (18%) then you lose 72%.
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illnino
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November 03, 2020, 07:57:58 PM |
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There are many stable coins in the cryptomarket available now but among these only a few are offering higher and very decent interest rates. If you go through the Binance saving platform then you can find their DAI and USDT is offering more than 6% of interest APY for your investment. So, I choose DAI as my saving interest income. Besides, this in the Kucoin exchange the Interest rate varied from 3% to 10% or higher for USDT for a minimum saving period of 3 months.
For me, Tether will be always the number one stable coin. It is linked with the USD, the main classic currency used throughout the world. Others are also…OK, but USTD is the best one. Its capitalization will be only gaining with time.
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bttmember
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AMEPAY
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November 03, 2020, 08:33:59 PM |
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For stablecoins you can keep them in centralized finance platforms for better returns, i would not recommend decentralized finance based platforms because of low returns that are not feasible for me as a small investor. So im happy to park my coins and earn higher returns in cefi platforms.
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kingzpro
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DIFX - Digital Finacial Exchange
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November 03, 2020, 08:39:34 PM |
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Recently, Swissborg has also announced a yield farming service through their wealthapp where you can deposit usdc to make more than the market average returns. I am not sure this service from swissborg is decentralized or not but i think it is better to try due to better returns and the company is already registered and regulated so confidence is high.
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tycsols
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BountyMarketCap
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November 03, 2020, 08:56:12 PM |
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With usdc and usdt you can make good returns even by yield farming them at uniswap as eth pairs of these stablecoins have huge volume and liquidity so expectedly the returns will be much higher than the most other defi platforms are offering but then again everything can be risky so study about it yourself and do calculated investments.
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flagpara
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November 03, 2020, 11:48:39 PM |
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There are now many "De-Fi" platforms each with their attractive interest rates when it comes to lending stablecoins on the Blockchain. The most popular platforms are Compound and Aave with rates far higher than any traditional bank would offer in the mainstream world. As I'm on the hunt for profits, I'm eager to put most of my USDC and DAI stablecoins into a "De-Fi" platform with the highest rates available in the crypto/Blockchain space. If you happen to know of a "De-Fi" platform (dApp) which offers the highest interest rates for stablecoins, please let me know. I'd also appreciate if you could give me some advice to "De-Fi" lending as I'm still new to this emerging industry. Any suggestions or recommendations will be greatly appreciated. Thanks. I'm not promoting yobit exchange but there is a good interest in stablecoin. If you are looking for a wallet, then I would prefer an Atomic wallet. Actually, I'm more eager to know your experience because you are legendary, but you are saying that you are still new in this emerging industry. How do you forget your experience?
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