Welcome to episode 5 of “Stablecoin Farming series” we used around $7000 on various platforms to see which platforms provide the best DEFI interest.
In this episode:
Take a look at my results and recommendations on particular farms
Don’t forget to like, subscribe, and hit the bell icon to get notified of our latest videos!
Follow the wallet on Debank:
Follow us on social media for more updates:
Twitter: alphacrypto8
Instagram: alphacrypto88
TikTok: alphacrypto.me
Donations will be much appreciated and will help me create more videos like this! 🙏
BTC: 1PsUfNNfmrM8z3ZJSAmq6ZWxsxy57GLzE7
LTC: LWJSzDEdtYtj4yfPDbrhLf5MrSjsbwzo13
ETH: 0xE21Ec09D5FE5Bb60CC1f4dD29379cb97cd60d700
Have questions or suggestions? Drop them in the comments below. We’d love to hear from you!
Disclaimer:
This video is for educational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and can result in significant losses. Always do your own research before investing.
#YieldFarming #Stablecoins #DeFi #Cryptocurrency #PendleFinance #CompoundFinance #BeefyFinance #HopExchange #SynapseProtocol #LyraFinance #AerodromeFinance #CryptoInvesting #DeFiTips
source
views when registered : 59
duration : 00:07:39
Stable Coin Showdown: Who’s Reigning Supreme in APY?
We’re halfway through our 12-episode series, and it’s time to crunch the numbers and see which platform is the ultimate winner. Our host has been staking $1,000 on 7 different platforms, and the results are in. So far, they’ve made a total profit of $932 on a capital of $6,978, giving them an impressive APY of 8.71%. Let’s dive into the numbers and see which platform is taking the lead.
Platform Rankings:
- Aerodrome: With a profit of $30.98 and an APY of 15.48%, Aerodrome is currently in the lead. However, it’s worth noting that getting onto the Base Network can be expensive, with fees ranging from $60 to $100.
- Synapse: Taking the second spot is Synapse, with a profit of $16.50 and an APY of 7.86%.
- Pendle: Coming in third is Pendle, with a profit of $16.27 and an APY of 7.75%.
- Compound: Clocking in at 4.56%, Compound is a simpler option but requires less admin effort.
- Curve: Curve is a volatile option, with rewards going up and down.
- BFee: Unfortunately, BFee is at the bottom of the list.
Note-worthy Facts:
- The average APY for the 7 platforms is 7.02%.
- The entire profit of $932 was made in 58 days, exceeding market average returns.
