its indeed better if we can just invest in bitcoin, but sometime there are just some good event that are offered by these exchange that make us interested in staking our stablecoin.
remember ENA launchpad back then was people staking their FUSD if im not mistaken and they are getting good return with big capital.
the launchpad also happened short term too so its definitely good enough to just stake in some of binance launchpool and hope for the best.
then once the profit is taken out we can come back to bitcoin again with our money and reinvest, that only if there is no sudden bitcoin rally around that period otherwise we might miss
the opportunity to reinvest in bitcoin, but so far I've seen many event where staking USDT does give good rewards.
Yep, it's launchpool project and it's not only Binance offer that, other CEX like Kucoin, Bybit, HTX also have it.
If people think 8%-9% APY is already a good return, how about
launchpool project that give you 1-3% per project? one project only ask to lock for 2-30 days, so imagine you only earn 1% per project and all of the projects ask to lock your funds for 30 days, it's already 12% APY which mean higher than 8%-9% APY.