The Best Stablecoin Staking Options

[ingiltere]

Let's talk about stablecoin staking options here, which platforms do you use and what are their APR's? Let's make a list and find the highest values together.

Currently I'm using Hotcross BUSD pool and get %52 APY for my dollars. Reward is locked for 24 more days but staking is not locked, you can unstake anytime.
I don't see better APR anywhere for dollars. Binance gives %4-5 for BUSD, Pancakeswap gives %6-7 for stablecoin farms. Other sites have similar rates.


Pool                           Return                Payment
Hotcross BUSD pool: %52 APY, payment HOTCROSS
Pancakebunny VAI-BUSD farm: %28 APR, payment CAKE + BUNNY
Pancakeswap VAI-BUSD farm: %13 APR, payment CAKE
Pancakeswap DAI-BUSD farm: %7 APR, payment CAKE
Binance BUSD pool: %4 APY, payment BUSD


Stay on-topic please. Unrelated posts will be deleted.

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[wayaneka]

I did staking stable coin of USDC on DEX waves.exchange. Currently their staking program offer reward up to 30.47% ayear with USDCLP assets received, and currently the price of USDCL is keep growing and they ensure that will continue. In this decentralize platform also available to stake others stable coin like USDT, USDN and others.

[ingiltere]

I did staking stable coin of USDC on DEX waves.exchange. Currently their staking program offer reward up to 30.47% ayear with USDCLP assets received, and currently the price of USDCL is keep growing and they ensure that will continue. In this decentralize platform also available to stake others stable coin like USDT, USDN and others.

Thanks for your input. I used to play around with Waves dex but I don't use it anymore. That APY you showed looks very promising though, I'll check that out again.

Binance just opened new launchpool, APY's are not known yet though it looks like that won't give much except first week boost. Currently I put my BUSD to that launchpool and stake ATA, I hope the price would be good at launch so I can sell for a good profit.

[Fesatmas]

I don't bet anything on any exchange, but based on the options you make it is very useful for me to make a choice. so I don't feel confused about Staking. because at first I was still undecided with some options. and this thread appears when I really want to get information. so I thank you for the description.
So far I've always focused on launching the program without perfecting it with Staking.

[Yogee]

Do you still think Pancakebunny is a good option after the huge losses and BUNNY price drop from the flash loan attack? The price looks to be recovering after they announced compensation, buy back, and other marketing gimmicks but it will take a lot of time before they reach $200 again.

I don't bet anything on any exchange, but based on the options you make it is very useful for me to make a choice. so I don't feel confused about Staking. because at first I was still undecided with some options. and this thread appears when I really want to get information. so I thank you for the description.
So far I've always focused on launching the program without perfecting it with Staking.

What?

[dhemasm]

%52 APY for my dollars.

That was huge to be honest but but it was my first time heard about Hotcross Pool, Gonna bookmark it for now. Anyway i personally want to receive another Stablecoins from my staked Stablecoins but never use it maybe you guys have another option rather than list above or higher than Binance (4%)? So far i only found Crypto.com (It's offer Up To 12% Interest Rate) But still not sure about calculation, It's also have good option too, Flexible, 1 or 3 month. Beside that so far i know Coinbase was also offering Staking Option on their platform but offer really low interest rate (0,15%). Maybe you guys have another option?

[ingiltere]

Do you still think Pancakebunny is a good option after the huge losses and BUNNY price drop from the flash loan attack? The price looks to be recovering after they announced compensation, buy back, and other marketing gimmicks but it will take a lot of time before they reach $200 again.

I think Pancakebunny team handled the situation pretty good overall but their single stablecoin offers (%12 for BUSD and USDT) don't interest me much with those APY's. Flip stablecoin farms still look good though, especially VAI-BUSD Flip. Bunny price is not this thread's subject.

That was huge to be honest but but it was my first time heard about Hotcross Pool, Gonna bookmark it for now. Anyway i personally want to receive another Stablecoins from my staked Stablecoins but never use it maybe you guys have another option rather than list above or higher than Binance (4%)? So far i only found Crypto.com (It's offer Up To 12% Interest Rate) But still not sure about calculation, It's also have good option too, Flexible, 1 or 3 month. Beside that so far i know Coinbase was also offering Staking Option on their platform but offer really low interest rate (0,15%). Maybe you guys have another option?

Don't forget that these APY's are estimates and if reward is platforms token then we have to claim and sell it for USD to get these rates. We don't invest on the project directly, rather we hold our money in USD and sell rewarded tokens to USD to get profit. That's why Coinbase etc. staking options don't give this much interest rate, they directly give USD stablecoins. There is a difference.

[Yogee]

... Bunny price is not this thread's subject.

You are talking about the "best staking option" which should still include the price of the token to be harvested as part of the criteria in choosing a platform. Those APR or APY doesn't mean anything if the value of the token is shit don't you think?

[ingiltere]

You are talking about the "best staking option" which should still include the price of the token to be harvested as part of the criteria in choosing a platform. Those APR or APY doesn't mean anything if the value of the token is shit don't you think?

If you want to hold reward token then you are right but if you periodically claim reward and sell it immediately then token price wouldn't matter much (unless there is a long locking period). There are various strategies in staking. I wanted to split discussions to stablecoin stake and token stake, there are a lot of threads for token staking, I want this thread to focus on stablecoin staking, I hope you understand.

[BintangBuleun]

Why Staking there APR is so high. Is this real? Other platforms deliver much less than that.
Staking BNB on Trust Wallet APR 23.08%
Is it possible for them to pay all Staking participants.

[mr.robot8]

stablecoins are investments for those who do not want to risk too much and obtain moderate returns, in my opinion the best platforms for their staking are binance where usdt has 6% for a 90-day investment, and on fulcrum where dai have interests of 7,28%

[Review Master]

Stablecoin pools are great as there isn't that much risk for the market's volatile. I previously used thunderswap for "USDT-BUSD" pool to farm TNDR . It was having high apr back than , but now it's only 16.49% and there is a deposit fee of 4%. I left BSC based projects and shifted into matic mainnet based project as polygon is hyping up just like BSC. Currently, dfyn exchange is having great apr of  66.80% for DAI-USDT pool which will end within 20 days and it's just like liquidity mining event of uniswap. So, it's best to participate into the liquidity mining event of DFYN exchange as polygon has lower transection fees because of L2 solution. 

[livingfree]

First time to see 52% APY for staking of stable coins. Usually what I only see is just around 10% but I would like to research more on this because that seems to be high for me and rewarding since it's stable coins.

Is this the hot cross reward?

https://coinmarketcap.com/currencies/hot-cross/

[Alohadanc3]

StableCoin staking is very good option now a days. And there are many option available too. There are 2 kind of options decentralized one and centralized one. If you go with Centralised one you can go for crypto.com or nexo maybe. Other than that in centrazed option lending is a sweet spot for stable coin interest. And I think for decentralised I only trust PanCakeSwap maybe it give small apy but it's safer than other options.

[domoy77]

stablecoins are investments for those who do not want to risk too much and obtain moderate returns, in my opinion the best platforms for their staking are binance where usdt has 6% for a 90-day investment, and on fulcrum where dai have interests of 7,28%

That is very clear because the Binance exchange always makes it easy for those who want to invest even though they do not guarantee profits, but at least they can use the exchange according to their wishes.

[Furryball]

I don't like staking because price can devalue but stable coin comes to the rescue and the best platform I use is binance exchange for staking USDT, another thing is you can't use your coins until the staking period is over, honestly I prefer PoW over PoS staking for so many reasons

[electronicash]

I did staking stable coin of USDC on DEX waves.exchange. Currently their staking program offer reward up to 30.47% ayear with USDCLP assets received, and currently the price of USDCL is keep growing and they ensure that will continue. In this decentralize platform also available to stake others stable coin like USDT, USDN and others.

30% a year for USDC staking is a really good rate. What is great about staking to this dex is that the coins stays still in your wallet unlike having it on exchanges like binance. but why choose to stake a stablecoin when its value is not gonna grow?

i'm also staking my WAVES on this dex, it's giving just 6% but i'm not gonna complain about it since i only plan to hold my waves for a long time.

[Yogee]

...
 I wanted to split discussions to stablecoin stake and token stake, there are a lot of threads for token staking, I want this thread to focus on stablecoin staking, I hope you understand.

What the? I'm not even talking about token staking. It looks like you're not following my comments more closely. We're discussing PancakeBunny since you placed it in your post as part of the "best staking option" due to its high APR for stable coins with CAKE and BUNNY as rewards. I asked if it's still a good option since it's been exploited and the BUNNY reward already dropped.

I didn't think it's good to keep the platform on the list when they didn't do anything about the APR when the BUNNY price dropped at least 10x from its previous value. Harvesting 1 BUNNY and selling it at $25 instead of $250 if it wasn't exploited is a huge disappointment

[ingiltere]

What the? I'm not even talking about token staking. It looks like you're not following my comments more closely. We're discussing PancakeBunny since you placed it in your post as part of the "best staking option" due to its high APR for stable coins with CAKE and BUNNY as rewards. I asked if it's still a good option since it's been exploited and the BUNNY reward already dropped.

I didn't think it's good to keep the platform on the list when they didn't do anything about the APR when the BUNNY price dropped at least 10x from its previous value. Harvesting 1 BUNNY and selling it at $25 instead of $250 if it wasn't exploited is a huge disappointment

I guess you didn't check their compensation plan and new emission model. Price went down but more Bunny is produced, there won't be much change for stakers. You can see current APY's on the site, it's not dangerous to use it. Already 1.2 billion dollar worth of coins locked in the platform.

but why choose to stake a stablecoin when its value is not gonna grow?

It's good to keep your money safe against uncertain market conditions and especially in bear market. You don't put %100 of your portfolio in altcoins, right? When big crashes happen you can unstake your stablecoin and buy the dip.