Post
Topic
Board Altcoin Discussion
Re: By holding stablecoins, you earn a steady 5% per day
by
Alma Aimee Brown
on 26/11/2021, 23:01:04 UTC
I don't know why you all choose to hold risky and unstable currencies, but Coinbase is now offering a non-destructive alternative mining program that can steadily earn 5% per day as long as you have USDT in your wallet and participate in DeFi's mining program. For example, I have 130KUSDT in my wallet right now, and I'm generating 6,000-7,000 usdt of mineral revenue per day from the mine pool. There was no collateral and Coinbase was the first exchange in the world to go public, so I felt my money would be safe. So I choose it. What about you?

5% per day for staking a stable coin on coinbase? No way that this is true. As far as i know the highest APY's that you can get for staking stable coins are around 5% but of course not per day but per year. If this would really be 5% per day on stable coins on coinbase then i would guess that everyone would just take a loan at your local bank and then put 10k or 20k or even more into that staking because that would mean that you would get 500$ per day for staking and you would be pretty rich in a few months. Do the maths and you know that this can not work out. If this would really be true, then no one would work anymore. So i would advice to check that again.



I have said many times that it is not a mortgage of my stablecoin. It is non-collateralized. This sounds really hard to believe, but it is real. There is no phishing website mentioned downstairs. Because all operations are performed in the official coinbase wallet. So there is no risk as you said. Moreover, it does not require collateral, because I can withdraw my funds at any time. At the same time, I hope you don’t have to attack me. I’m just sharing this project and want to discuss it with you. I bought USDT and deposited it in my coinbase wallet, and joined the DeFi mining plan. Because not many people know it now, its mineral income is very considerable. As more and more people join, its mineral income may decrease. At least it is very impressive now. Coinbase wallets all have personal security keys. Only you can operate the funds in the wallet, and it is not pledged. I can withdraw my USDT at any time. I don't know how they deceive me. At least, 200USDT can join and try to experience it.