Well asking this question cos I wanted to see how many of you do stake your USDT. I have seen my friends earning lots of interest from their USDT holdings. So I also wanted to stake some USDT to earn some interest since it's sitting on my wallet doing nothing. I checked a few cexs that offer USDT saving option or other options that offer interests.
Instead of USDT, Convert it with Binance FDUSD when the price is below the 1$ pegged price and stake it on launchpool that provides 100% to 200% APY interest which is greater than the USDT flexible staking on Binance.
You can earn more on FDUSD staking compared to USDT while they are still both stablecoins which is safe to store your assets. This is what I’m doing for past few weeks since the correction in the crypto market started. Launchpool is very profitable and safe at the same time to farm passive income.
I haven't tried that yet, but is that the 100%-200% APY that I should join the launch pool? I'm just asking because his app is actually big. So aside from Binance,
is there any other exchange that also has a launchpool similar to Binance so that I can also avail of such a thing?
Because the staking features are also good in a Cex or Dex somehow. I have read a lot that it is profitable to participate in launchpads or launchpools,
said others who are with us here.