How to buy stable-growing stablecoins when the market is not good? Stablecoin value-added strategy! The cryptocurrency market suffered another heavy setback today. Although Bitcoin's own decline has now narrowed to less than 1%, the altcoin sector has experienced a collective dive in the short term with BTC. SOL, PEPE, ORDI, ARB, TIA, etc. Representative altcoins in different tracks have recorded declines of over 10% or even 20%.
Although the secondary market is currently in turmoil, for ordinary investors, in addition to directly participating in transactions, there is a more stable investment path-through the DeFi protocol, using stablecoins for relatively low-risk, High yield interest earning strategy.
In the following, experienced experts will recommend multiple stablecoin interest-earning strategies on the Internet based on their own operating experience. Although these strategies are quite simple at the operational level, they can generally achieve solid returns of 10% or even 20%. In addition, some strategies can also interact with some underlying networks or DeFi protocols that have not issued coins at the same time, achieving "killing two birds with one stone".
It should be noted that all DeFi protocols have contract risks, and some DeFi protocols may also face liquidity risks, compound risks, etc. due to their operating models. Therefore, before choosing to pursue a particular strategy, it is important to fully understand the various associated risks and avoid concentrating all your funds on a single platform.
Today, the editor of this website will share with you how to buy stablecoins that grow steadily when the market is not good? Here’s a guide to adding value to stablecoins, I hope you like it!
Operation method: purchase USDe directly on the Ethena official website, and then exchange it for sUSDe through pledge;
Real-time yield: 17.5%;
Income composition (the type of reward tokens that can be obtained): sUSDe appreciation (can be exchanged for more USDe);
Other potential income: ENA second phase airdrop;
**Ethena’s sUSDe: High Yield Stablecoin Mining Pool** Remark: In the current massive cryptocurrency market (billions of dollars in size), Ethena’s sUSDe is a stablecoin pool that offers the highest APY in the industry, far exceeding tokenized Treasury products such as MakerDAO’s sDAI. The real-time APY of sUSDe fluctuates depending on market leverage conditions, but based on past records, it has always remained at a high level. In addition, through sUSDe, you can also accumulate Ethena’s second-phase airdrop certificate sats (accumulation speed is slow, but the income is stable) in order to obtain ENA’s next airdrop.
Operation method: Deposit various types of stablecoins through Earn on the Gearbox official website;
Real-time yield: Except for USDT, it is generally greater than 10%;
Income composition: Mainly stable currency, supplemented by a small amount of GEAR incentives;
Note: Gearbox, as a leveraged lending protocol, actually supports higher-yield leveraged gameplay (Farm), but this operation is not suitable for There is a certain operating threshold for ordinary users, so here we recommend a relatively simple deposit method (Earn, which is essentially a loan and deposit). The reason why this mining pool is recommended is that Gearbox’s revenue structure is mainly composed of stable coins, so its actual revenue will be relatively more stable and there will be no significant shrinkage in actual revenue due to the collapse of incentive tokens.
Operation method: Deposit USDT or USDC on marginfi or Kamino to earn interest;
Real-time yield: 12% - 16%;
Income composition: stable currency;
Other potential income: marginfi airdrop and Kamino second phase airdrop;
Note: marginfi and Kamino are the first and second lending protocols above Solana respectively. Since The transactions in the Solana ecosystem are more active, and the borrowing demand on this ecosystem is generally higher than other ecosystems. Therefore, the loan yields on marginfi and Kamino will generally be higher than the lending protocols of other ecosystems. In addition, marginfi has not yet TGE, and Kamino’s second-phase point activity is also in progress. Both of them have certain potential airdrop incentive expectations.
Operation method: Use USDT and USDC to form a trading pair on the Ekubo official website and participate in market making;
Real-time yield: 26.69%;
Income composition: STRK mainly, supplemented by native market making income;
Note: Benefiting from Starknet’s DeFi Spring incentive plan, the current returns from participating in various DeFi protocols on Starknet are very impressive. Among them, Ekubo, as the DEX protocol with the largest liquidity and transaction volume in the ecosystem, has great advantages in terms of security and The balance of yield would be a better choice.
Operation method: Deposit USDT or USDC on zkLend and Nostra to earn interest;
Real-time rate of return: about 20%;
Income composition: Mainly STRK, supplemented by stablecoin native income;
Notes: The basic loan agreement is similar to marginfi and Kamino on Solana, but the income composition is mainly composed of STRK incentives (this is similar to Ekubo ), users who are optimistic about STRK’s future performance can participate as appropriate.
Operation method: Use DAI, USDT, USDC, etc. to form trading pairs on the DODO official website and participate in market making;
Real-time rate of return: 12% - 15%;
Income composition: mainly DODO, supplemented by stablecoin native income;
Other potential income: Scroll airdrop incentives;
Note: As major Layer2 coins are issued one after another, it has not yet been issued The currency’s Scroll has also received more attention and liquidity. Based on the major DeFi protocols on Scroll, DODO, as an established DEX, is relatively trustworthy in terms of security, and benefiting from DODO’s own liquidity incentive plan, its stablecoin trading pairs also have high APY performance, so it is recommended to users Use it as a great base for interactive Scroll.
Operation method: Deposit various stable coins on Echelon to earn interest;
Real-time yield: 11% - 17%;
Income composition: Stablecoin native income plus APT incentive income;
Other potential income: Echelon airdrop income;
Note: Echelon is currently the second-largest TVL lending agreement on Aptos, second only to Aries Markets. But perhaps due to being selected into the Aptos incentive program, the current comprehensive APY of the platform is significantly higher than the latter. In addition, Echelon has currently launched a points program, which also means that there are certain potential airdrop expectations for participating in the agreement.
Operation method: Use USDT, USDC, etc. to form trading pairs on Cetus and participate in market making;
Real-time yield: 16.28%;
Income composition: SUI incentives are the main source, supplemented by CETUS and stablecoin native income;
Remarks: The largest DEX protocol on Sui, the income mainly comes from the ecological incentives given by Sui.
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