How to Stake Stablecoin With 120% APY
How to Stake Stablecoin With 120% APY
Feb 9, 2022
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Some stable coin capital is just sitting idle right now, and I think this might be one of the biggest inefficiencies in this space ;$300B+ in stablecoins are probably earning nothing right now, at 3.75% APY, that's roughly $11B per year in potential yield.this is exactly the APY offered by the Sky Savings Rate through sUSDS.The way it works is simple : swap your USDC or USDT, and your capital will start growing automatically.sUSDS has already accumulated $6.8B+ in supply earning through it, maki
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