If you are looking to find out which platform will give you a high return on your DAI and USDC then you can visit this link - https://defipulse.com/income
Select the Asset from the dropdown and enter your quantity you will find your answer below.
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You can choose to invest in the desired platform by clicking on the Next button.
You can also check this youtube video where the host invests in one of the lending platforms - https://www.youtube.com/watch?v=VYp9oiEI7GU
This should help you to start with lending.
Select the Asset from the dropdown and enter your quantity you will find your answer below.
..
You can choose to invest in the desired platform by clicking on the Next button.
You can also check this youtube video where the host invests in one of the lending platforms - https://www.youtube.com/watch?v=VYp9oiEI7GU
This should help you to start with lending.
Thanks for sharing. USDC seems to be a very attractive investment at the moment. What I don't like about USDC is that it's centralized. There have been cases where USDC addresses' funds were frozen by the issuer, the same way it has happened with USDT before. Despite DAI being a decentralized challenger, the stablecoin is not as popular as centralized ones.
Anyhow, I've noticed that some "De-Fi" platforms have higher interest rates than others. I'm still new to all of this, so I can't seem to understand why this happens. Back then, interest rates for DAI where sitting at 5% APR in Compound.Finance. But now, rates have declined considerably. At least, the protocol works as intended. While I'm quite fond of "De-Fi's" features, it still has a long way to go before it can challenge traditional banks in the mainstream world. High fees per each operation performed on the "De-Fi" platform (either depositing or withdrawing), makes mainstream banks a much better option. Let's hope that as time goes by, the "De-Fi" industry matures as developers (and the community as a whole) make it a better place. Just my thoughts
