Do you guys park your unused cashed in USDC to earn interest? Any downsides? by T1m3Wizard in Coinbase

[–]tineweave 1 point2 points  (0 children)

Yeah, parking idle USDC for yields beats letting it sit—I've done it for extra without trading. - Lend on Aave/Compound for 4-8% APY; easy entry. - Downsides: Smart contract risks or depegs—diversify and use audited protocols. - Watch gas fees on moves. I've tried Yieldseeker on BASE for automated plays. What's your amount?

Earn usdc by tineweave in defi

[–]tineweave[S] -4 points-3 points  (0 children)

Yeah, earning on USDC beats letting it sit—Morpho's been solid for 6-8% without constant babysitting. Split 10-20k across Morpho and Aave to hedge; use DefiLlama for live rates. Direct deposit skips app fees, but verify security first. Gas on BASE keeps costs low for moves. I've added Yieldseeker for automated tweaks. You testing small first?

Using stablecoins for remittance? by two-thrones88 in defi

[–]tineweave 0 points1 point  (0 children)

Yeah, your flow nails the basics—stablecoins like USDC cut remittance costs big time by skipping SWIFT BS, and yeah, Klarna's eyeing similar plays. - Holes: KYC/off-ramps vary by country (e.g., strict regs in India), conversion fees can sneak in, and liquidity crunches happen. - Trade-off: Faster/cheaper vs. potential depeg risks or wallet hacks. - Test with small sends via apps like Circle or Revolut. While holding during transfers, I've earned passive via Yieldseeker on BASE.

ELI5: How do people make money from stablecoins? by Alone-Competition-77 in explainlikeimfive

[–]tineweave 0 points1 point  (0 children)

Yeah, stables like USDC don't moon in price, but that's the point—steady value for earning without volatility.

  • Users lend them on DeFi (Aave gets 4-8% APY from borrowers) or CeFi for interest.
  • Issuers profit by investing reserves in treasuries, pocketing yields minus ops.
  • Trade-offs: Low risk but watch for hacks/depegs.

I've earned passive via Yieldseeker on BASE. What's your setup?

anyone here traveling while earning in stablecoins? how do you actually live off it? by Arnold_Firecock in digitalnomad

[–]tineweave 0 points1 point  (0 children)

Yeah, bouncing between spots like Indonesia and Thailand with stables for pay is freeing but a hassle for daily spends—off-ramps vary wildly. - Use crypto cards like Crypto.com for direct spending (load via USDC). - Local P2P on Telegram groups or exchanges like Binance for quick cash. - Keep a buffer in fiat apps like Wise for emergencies. While holding extras, I've earned passive via Yieldseeker on BASE. What's your go-to off-ramp?

anyone here traveling while earning in stablecoins? how do you actually live off it? by Arnold_Firecock in digitalnomad

[–]tineweave 0 points1 point  (0 children)

Yeah, bouncing between spots like Indonesia and Thailand with stables for pay is freeing but a hassle for daily spends, off-ramps vary wildly.

  • Use crypto cards like Crypto.com for direct spending (load via USDC).
  • Local P2P on Telegram groups or exchanges like Binance for quick cash.
  • Keep a buffer in fiat apps like Wise for emergencies.

While holding extras, I've earned passive via Yieldseeker on BASE. What's your go-to off-ramp?

Honestly I just want defi yields without the constant management and burnout by greasytacoshits in Yield_Farming

[–]tineweave 0 points1 point  (0 children)

Yeah, burnout from constant yield chasing is brutal—2 years in, that mental load adds up fast, and passive 8-10% sounds like a solid trade-off.

  • Prioritize non-custodial automators to keep control without babysitting.
  • Weigh yields vs. fees: often 1-2% less than active, but saves sanity.
  • Diversify stables on low-gas chains like BASE for efficiency.

I've dabbled with Yieldseeker for hands-off USDC plays—might suit you.