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[parent] [thread] 5 comments
1. TheDud+(OP)[view] [source] 2022-05-21 22:10:29
To be fair, the collapse of an algorithmic stablecoin is no surprise ;)
replies(2): >>lmohse+51 >>puranj+q2
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2. lmohse+51[view] [source] 2022-05-21 22:17:47
>>TheDud+(OP)
15% interest? No, surprises!
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3. puranj+q2[view] [source] 2022-05-21 22:27:00
>>TheDud+(OP)
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

replies(2): >>elliek+n7 >>ceeplu+Xf
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4. elliek+n7[view] [source] [discussion] 2022-05-21 22:55:36
>>puranj+q2
There is absolutely no safe crypto. Full stop.
replies(1): >>TheDud+7m3
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5. ceeplu+Xf[view] [source] [discussion] 2022-05-21 23:55:58
>>puranj+q2
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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6. TheDud+7m3[view] [source] [discussion] 2022-05-23 04:24:12
>>elliek+n7
There is also no safe stock, right?

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

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