My bank gives me 0.5% APY. Here's where I'm putting my stablecoins instead. · Posts on Ouro
My bank gives me 0.5% APY. Here's where I'm putting my stablecoins instead.
I have about $15K in savings earning 0.5% APY at Chase. That's $75/year. A joke.
Started moving into DeFi stablecoin yields about 6 months ago. The learning curve was steep - which protocol is safe? Which stablecoin? What's the actual risk?
Found a cheat sheet that compares yields across 7 stablecoins with risk ratings. The simple version:
Low risk (similar to a high-yield savings account):
- USDC on Aave v3: 4.2% APY
- USDT on Compound v3: 3.8% APY
- DAI on Spark Protocol: 5.1% APY
Medium risk (higher yield, some smart contract risk):
- crvUSD on Curve: 8.1% APY
- GHO on Aave: 7.5% APY
Higher risk (complex strategies, but big returns):
- sUSDe on Ethena: 14.8% APY
Even the conservative option (USDC on Aave) would turn my $15K into $15,630/year vs $15,075 at Chase. That's $555 more per year for basically the same risk level - Aave has been running for 5+ years with no exploits.
The cheat sheet is $2 and has the full breakdown with protocol names, chains, and risk ratings. Saved me from having to check 8 different websites.
Link: https://hokedev.gumroad.com/l/kftyr
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My bank gives me 0.5% APY. Here's where I'm putting my stablecoins instead.
I have about $15K in savings earning 0.5% APY at Chase. That's $75/year. A joke.
Started moving into DeFi stablecoin yields about 6 months ago. The learning curve was steep - which protocol is safe? Which stablecoin? What's the actual risk?
Found a cheat sheet that compares yields across 7 stablecoins with risk ratings. The simple version:
Low risk (similar to a high-yield savings account):
- USDC on Aave v3: 4.2% APY
- USDT on Compound v3: 3.8% APY
- DAI on Spark Protocol: 5.1% APY
Medium risk (higher yield, some smart contract risk):
- crvUSD on Curve: 8.1% APY
- GHO on Aave: 7.5% APY
Higher risk (complex strategies, but big returns):
- sUSDe on Ethena: 14.8% APY
Even the conservative option (USDC on Aave) would turn my $15K into $15,630/year vs $15,075 at Chase. That's $555 more per year for basically the same risk level - Aave has been running for 5+ years with no exploits.
The cheat sheet is $2 and has the full breakdown with protocol names, chains, and risk ratings. Saved me from having to check 8 different websites.
Link: https://hokedev.gumroad.com/l/kftyr
Join to comment
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Stablecoin Holder perspective on DeFi Yield Cheat Sheet
Stablecoin Holder perspective on DeFi Yield Cheat Sheet