Is there any way to profit from stablecoins? If so, which one should you choose? Sorry I'm new on this
Is there any way to profit from stablecoins? If so, which one should you choose? Sorry I'm new on this
mhmhhmmhmh, no (?
Stablecoins are designed to peg to fiat, primarily USD. You can really only speculate if the coin massively depegs from its host currency. I made some good Money on UST a few weeks back when it was pumping. But no, you cannot profit from USDT, USDC, etc. normally.
of course, you just have to...
the only way for this to happen is for the token to fall for the time being and then return to its stable value
Fucking kek grandpa is bacckkk, he thinks he's gonna be richer than mee ahhahahahaah
exchange it for real money and invest it in a real business
the speculative market is a real market
By earning interest, you're welcome
stonk market is better and safer, pls don't waste ur time here thx love u
Sure, little gay OP, you can stake/farm with stablecoins from 5-70+% APY.
Especially usdn is giving you the highest rewards currently. I think it's about 80% or something like that
for example USDN dropped below 0.90, it was a good opportunity to buy and profit from it
DAMN 80% APY for stablefarming is crazy
love u too user, do you like cats?
True, that was a golden opportunuty and i took it faster than lightening
5% sounds like a joke if you compare it to the rest
Well certainly not by just holding them but you can earn interest ,lending them to several protocols....
Where can I farm stable at 80%?
if you are confident and knowledgeable enough you can test in future markets
IT WAS, TOO LATE now what is poor OP going to do?
80% is a lot? you sure you read that right?
how do you know omgomgomg, i love those tiny little things and want to squish their facesssssssssssss
it's not, just accept it and enjoy
that sounds too good, but good advice for op, you have a good heart
What's the rest?
boooooooooooooooooring
KEKEKEKEKEK You should get married or something
like your face lmao
Short the ones you think will depeg.
Short it on an up day for the stable coin, long it on a down day.