Post
Topic
Board Altcoin Discussion
Re: Is it worth staking stablecoins?
by
Kelvinid
on 22/02/2023, 11:07:05 UTC
a tempting offer, but what about the security of the funds that the user will stake?  I think a lot of people want to see this information.
who would risk giving their money to a third party to earn passive income?  Although if there are proposals, then there will be those who wish.  In banks, everyone survived on a deposit of money, and it will be the same here.
Of course, nobody but we couldn't just say that all stablecoins are useless because despite the bad things we've heard about them, still there are stablecoins are can be trusted, yet we have to be cautious as well. In fact, even if you are investing in Bitcoin you can't also guarantee that it was because even Binance has the chance to get hacked and hackers take your money.
Well, anyways, it is our choice to trust exchanges where to stake our crypto but if not, then choose fiat instead.