If someone is curious to learn more about crypto, telling them to read the Bitcoin/Ethereum white paper isn’t a great recommendation.
It’s boring. They’re very unlikely to care about it.
Get them set up earning 7-10% on stablecoins. The technical curiosity will follow.
It’s boring. They’re very unlikely to care about it.
Get them set up earning 7-10% on stablecoins. The technical curiosity will follow.
Three ways you can do this right now (disclaimer: I hold all of these platform's tokens):
SAFEST
1. Get USDC from Coinbase
2. Transfer to @MetaMask
3. Deposit in @AaveAave
4. You are now earning 6.26%. DAI interest is slightly higher if you prefer.
SAFEST
1. Get USDC from Coinbase
2. Transfer to @MetaMask
3. Deposit in @AaveAave
4. You are now earning 6.26%. DAI interest is slightly higher if you prefer.
MORE INTERESTING
1. Get DAI from Coinbase
2. Transfer to @MetaMask
3. Deposit in @AlchemixFi
4. Borrow max alUSD (50%)
5. Convert alUSD to DAI on @CurveFinance
6. Back to Coinbase
7. Back to Fiat
Your original amount is earning 6.9%, but 50% is back in cash. Basically 14%.
1. Get DAI from Coinbase
2. Transfer to @MetaMask
3. Deposit in @AlchemixFi
4. Borrow max alUSD (50%)
5. Convert alUSD to DAI on @CurveFinance
6. Back to Coinbase
7. Back to Fiat
Your original amount is earning 6.9%, but 50% is back in cash. Basically 14%.
NAT GAS IS EXPENSIVE PLZ CHEAPER OPTION
1. Buy SOL on Coinbase
2. Transfer to @phantom wallet
3. Buy USDC on @Saber_HQ
4. Deposit in USDC/UST pool
5. Stake pool tokens on @Solfarmio
This is the most complicated, but you're now earning 20% on a stablecoin pair
1. Buy SOL on Coinbase
2. Transfer to @phantom wallet
3. Buy USDC on @Saber_HQ
4. Deposit in USDC/UST pool
5. Stake pool tokens on @Solfarmio
This is the most complicated, but you're now earning 20% on a stablecoin pair
NAT GIMME SOME EXTRA FUN SHIT
1. Buy USDC on Coinbase
2. Transfer to Metamask
3. Deposit into @CurveFinance 3Pool
4. Deposit into @MIM_Spell 3Pool
5. Borrow at 90% leverage with 10 loops
You're now earning 65% on stablecoins with cortisol maximizing leverage. Have fun!
1. Buy USDC on Coinbase
2. Transfer to Metamask
3. Deposit into @CurveFinance 3Pool
4. Deposit into @MIM_Spell 3Pool
5. Borrow at 90% leverage with 10 loops
You're now earning 65% on stablecoins with cortisol maximizing leverage. Have fun!
None of this is financial advice, please don’t risk money you can’t afford to lose, be sure to consult your local retired Goldman Sachs partner to decide if you’d rather do this or save $5 a week by making coffee at home.
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