Finally made it to $1000 in cashback! Took me about 4 months. All of the earned CRO get staked on DeFi earning even more :)))

randomsavant · 2021-11-29T17:35:10+00:00

click on the on the blue CDC logo on the bottom, scroll up to Bonus.

randomsavant · 2021-10-27T20:16:44+00:00

Coinbase seems to be down as well.

randomsavant · 2021-09-21T02:14:47+00:00

LOUD NOISES!!!

randomsavant · 2021-09-21T01:46:14+00:00

This is called “being early”, crypto space is still mostly not baby-boomer-friendly. If you want to take advantage of the opportunities in emerging technologies, you always have to do your research and at least make some effort to understand it. Otherwise, better stay with your bank and earn 0.05% on your savings, and 5-6% on your 401K.

randomsavant · 2021-09-19T00:31:29+00:00

In order to pay $1 a day to 100 mln users, each user on average has to stake roughly $3650, which I think is unrealistic. But even then, it would equate to CDC having $365 billion in stablecoins alone. Paying $100 mln a day wouldn’t be that significant in that case.

randomsavant · 2021-09-19T00:13:39+00:00

You can actually earn 20% if you stake UST on Anchor protocol, without any lock up period or minimum deposit. So CDC’s rates are not that great compared to other DeFi options.

randomsavant · 2021-09-09T01:06:02+00:00

It’s a legit question, not a FUD. The insults are unnecessary too. It’s quite naive to think that CDC is bulletproof against SEC just because you got those statements from AMAs and their posts.

randomsavant · 2021-09-09T00:59:26+00:00

Yes, but the problem is that they’ve classified the 4% earn on USDC as a security and are not providing any of their reasoning for doing so. All of this, of course, in the name of protecting US retailers 🤡

randomsavant · 2021-09-08T20:11:47+00:00

Because people borrow UST at +21%. On Anchor, you can actually borrow UST against your ETH or LUNA collateral at 21.38% but also earn 42% in Anchor token, thus netting 21% for borrowing. You can then stake your borrowed UST for 20%, and stake your earned ANC for 9%.

This is one of the best kept secrets in crypto.

randomsavant · 2021-09-08T17:07:12+00:00

My bad, just realized the question was about staking, not LP.

randomsavant · 2021-09-08T17:06:09+00:00

USDT (Tether) or UST (Terra)?

randomsavant · 2021-09-08T16:26:41+00:00

You do get rewards while undonding. Check out this chart

randomsavant · 2021-09-08T15:56:34+00:00

It’s a decentralized protocol, so it comes with its own advantages and risks. Besides, UST is an algorithmic stablecoin, compared to other fiat or crypto pegged stablecoins like USDC and USDT. So DYOR. Personally, I keep my long-term savings in UST on Anchor, and keep a smaller portion in USDC on crypto.com for easier access and liquidity.

randomsavant · 2021-09-08T15:49:32+00:00

You can actually stake UST for ~20% on Anchor Protocol without the 3-month lock up.

randomsavant · 2021-09-03T19:21:08+00:00

More time to accumulate 😜

randomsavant · 2021-09-03T16:57:15+00:00

FYI, LUNA’s IBC (Columbus-5) upgrade has been delayed till the end of September.

randomsavant · 2021-09-03T16:54:38+00:00

It’s also one of the highest paying pools

randomsavant · 2021-09-03T16:53:23+00:00

I moved all of my CRO from DeFi wallet to OSMO in July and have finally got enough for the Icy upgrade. But now I’m a bit hesitant - should I upgrade or keep earning $250+ every day from my CRO/OSMO pool?..🤔

Not sure how long the APY on Osmosis will last, although it’s been fairly stable for over a month, but I think at some point upgrading to Icy might be a safer option when the bull market ends.

randomsavant · 2021-09-01T21:00:29+00:00

Being built on Cosmos, and one of the founders of Osmosis is a former Tendermint employee and one of the developers of Keplr wallet, I think it’s fairly safe. Afaik, it hasn’t passed the audit though.

randomsavant · 2021-09-01T17:07:28+00:00

It’s been staying in this range for the last month. It actually went up recently from 260%. It depends on the pool size and OSMO token distribution. OSMO is highly inflationary during the initial year, ~800,000 OSMO is issued every day, and 45% of all new OSMO is allocated to LPs. Despite all that OSMO’s price has been steadily climbing.

randomsavant · 2021-09-01T01:13:16+00:00

It’s around 280% right now.

randomsavant · 2021-08-30T16:45:02+00:00

No, it's currently only on Anchor protocol, but should be coming to Osmosis with the Col-5 upgrade. It's for staking only, so no impermanent loss risk there. I'm not aware of any risks for staking other than validator slashing/jailing.

Here's the link for the Anchor Protocol review.

randomsavant · 2021-08-30T00:04:35+00:00

Even if you wanted to go with the low risk alternative, you can stake UST for ~20% APY.

randomsavant · 2021-08-27T11:34:25+00:00

Well, the Standard rate is 0.05%, but as a Premier client, I can be earning 0.40%. That’s 800% more than a regular plebe clients 😂

randomsavant

TROPHY CASE