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RE: What's your favourite way to earn APY with Stablecoins?

in #hive3 years ago

I had to google APY too. When you say

All I get is losses, so I prefer not to touch stablecoins.

Do you mean losses generally or losses from stablecoins. I thought the whole point of stable coins was that they have a 1:1 ratio with the coin they're pegged with. What am I missing?

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There are transaction fees, so all summed up there remains a loss.

That's not correct. There are centralized options (BlockFi, Binance, Crypto.com) where you don't have to transact on-chain.

And again I learned something new. Thank you!