We’re discontinuing the Stablegains service

Re:We’re discontinuing the Stablegains service by puranjay on Saturday May 21, 2022 @06:27PM (#31462587)

I can tell you right now that there is absolutely no safe yield in crypto currently that goes beyond 4% on a “safe” stablecoin like USDC. For truly safe (as in, huge value locked, never been hacked), the yield is more like 1.5-2%

All the high yield is in algoponzis or new protocols that carry massive protocol risk

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Re:We’re discontinuing the Stablegains service by elliekelly on Saturday May 21, 2022 @06:55PM (#31462894)

There is absolutely no safe crypto. Full stop.

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Re:We’re discontinuing the Stablegains service by TheDudeMan on Monday May 23, 2022 @12:24AM (#31475340)

There is also no safe stock, right?

(No need to list the differences between stocks and cryptocurrencies.)

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Re:We’re discontinuing the Stablegains service by ceeplusplus on Saturday May 21, 2022 @07:55PM (#31463426)

Eh, there are CeFi lenders like BlockFi/Gemini offering 7%. It's not zero risk, but the loans are partly collateralized and the borrowers are institutional entities who aren't your everyday scammer. It's better than unsecured corporate bonds in my view.

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