Do people here put a ton of money staking stablecoins in sites like nexo, celsius, gemini etc?
Staking in my opinion is more promising than internest banks, and for almost a year I have been actively staking with several major coins such as BNB, MATIC, Stable coins and so on, and for stable coins I use for staking altcoins and from the list is Celsius, besides that I also use for staking new altcoins because it provides a large APR up to more than 100%.
I agree that staking could be bringing more money but it also makes sense, why? Because when you are staking in many different coins, you are actually creating that coin, when you put money in the bank they give you money that they do not have at that moment but calculate that they would, so they use your money to go out there and earn money and come back and give some of it to you.
In staking it is not like that, like for example Cake staking means you are creating those coins, just like miners use equipment to mine bitcoin, you use your cake to create more cake. This is easier and the return makes sense because of it, BNB or stable ones are a bit more closer to banks.