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Author Topic: Staking Coins Options as US Citizen in Restricted State  (Read 34 times)
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October 04, 2021, 04:45:33 AM

So I want to stake coins to earn interest.  My issue is I'm a US citizen that is from a restricted state where many sites do not allow customers from my state.  I am however abroad pretty much all year though but that doesn't matter since they want your ID and thus they see im from that state in the US.

I know there is blockfi, celsius and sites like that which give a lot of interest in coins like usdt/usdc which are stablecoins.  I do not own any stablecoins though but would buy them to earn interest.

I can only use coinbase/gemini.  But gemini does seem to offer interest on their GUSD which is like 8.4 percent?  So that is my only option?

I do also have waves and I see in the waves exchange client, i could stake usdn which seem to be a stable coin but its only worth 0.98?  But it use to be one dollar?

Are there any other options for me to stake coins for interest?  I would prefer to stake stablecoins as I want like a flat amount of interest coming every month.

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October 04, 2021, 06:46:42 AM

You need to do DeFi then. You can stake NEAR on NEAR protocol then deposit your staked NEAR in Ref Finance to earn REF tokens. The combined APY for staking, trading fees, farming rewards is over 70%
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