I really don't understand why people choose to stake non stable coins for such small APY's.

If you have CAKE, BNB etc is better to stake it in a good new DiFi, harvest their native token and then you stake it for a huge APY . Maybe 2.000 or 3.000%. Of course is gone drop after some time and you must sell your tokens, but in the end you will get more profit than the 20-30% that some good alt coins give you.

I know the high risk, but if you do a sure research you can find a lot of  reliable (for some period) new DeFi