Bitcoin and Crypto Thread

[chance vought]

The rewards for holding stable coins are quite good, I’ve seen 8%, and as high as 16% per year

I don’t think anyone holding stable. Coins is planning on holding them forever, though, probably a smart traitor, who is waiting for a good dip to buy.

where does the yield come from??? Gemini Earn, for example - the risk is very high for such a low yield. STRC is the real "stablecoin" 8x overcollaterlized, non-rehypothecated and a 9% yield. Its more collateralized than a bank deposit - vs putting a stablecoin into a yield ponzi for a paltry 8% hoping to get out before the rugpull