Quote from: GreatArkansas on Today at 04:00:38 AM

Quote from: Abiky on February 13, 2023, 04:14:27 PM

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Do you know the safest way to stake stablecoins without breaking the bank? Also, do you think it's worth it? Or should I consider other options? Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

There are a lot of platforms with this right now, you can use some platforms that are reputable, with high total value locked (TVL). Just like AAVE lending (https://defillama.com/protocol/aave)
I am glad that you are interested in Decentralized Finance (DeFi) because there are a lot of people that want to use the centralized exchange to stake their stablecoins compared to using decentralized finance (deFi).

Is that a healthy way of doing it though? Like I get that you can do it, and being able to do it is the first step for it, but should you? That's another topic all by itself. I find it to volatile and too risky to do for me, but it may not be too risky for someone else, maybe for those people it is not risky at all and could be very normal.

I believe that if we could end up with something more decent, more trustworthy, something much bigger and more acceptable everywhere then I would participate as well. But so far? We have seen something that is only doable in a way that it's not really looking all that famous and wide audience at the current moment.