- 74,934
- 24,348
Lock up what you’re comfortable losing in Gemini earn or one of these other places. Get that dividend yield if you’re going to hold long term.
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I cant earn in CEL where i live (CA) so i just earn in BTC.How many of y’all are actually taking the interest with CEL or the native token?
Can’t earn in CEL in the USA but I would probably choose to earn stable coin interest in CEL if I could. I’m primarily using Anchor Protocol for parking stablecoins now though.How many of y’all are actually taking the interest with CEL or the native token?
I got that email and put myself on the waitlist
"The Gemini Credit Card allows you to seamlessly dive into the magical world of crypto with your credit card purchases, earning up to 3% back in bitcoin or other cryptocurrencies on the dollars you spend.
The Gemini Credit Card will be available in all 50 U.S. states and will be accepted wherever Mastercard is accepted."
Seems like BlockFi keep lowing their rates a fully percentage point on a monthly basis these days.
Tier 1 rates for BTC and ETH down to 5% and 4.5% respectively.
This not the +6% I signed up for.
Yeah your tokens will always reflect the current price. You're earning on the number of tokens you stake, not the dollar value of them. So if you're staking 1000 AMP tokens at 5% APR, you'll earn 50 more AMP in a year, regardless of what the price is doing.Just signed up for the waitlist for the Gemini card
I’m in the 100k on the BlockFi one so I hope I can get either one soon
question about staking
Say if I put up my amp and it’s at .050 and I’m earning 5%
Then it goes up to .080, does it update to that price? Or are u at a fixed price ?
is that how it even works? I’m earning 5% per year, it’s 5% of the total value I have of that coin right ?
your coins do not stay at a fixed price if you choose to earn interest. i’m earning interest on all my stuff in gemini.Then it goes up to .080, does it update to that price? Or are u at a fixed price ?
I've been providing liquidity on Quickswap for like 2 months now. The QUICK that I farmed is just about enough to cover my impermanent loss . Still pretty lucrative though. I think I might get out soon but we'll see.
Other people can do as they please but I’m not locking up that much money. I’d only lock up what I can afford to lose completelyLike the idea of lending and earning some type of interest while holding long term.
But having 50k plus uninsured worry anyone? Any horror stories thus far?
your coins do not stay at a fixed price if you choose to earn interest. i’m earning interest on all my stuff in gemini.
that’s a good question and i have no idea. if it’s a bad idea, then i’ll move it all out of earning balance back to my trading balance but i don’t have much in there. i only started throwing money in there after i started selling off some shoes rather than spend it on something dumb. if i had 50k in there, it might be a different story.Where is the interest $ coming from when you are "lending" it? Who is borrowing it and what do they do to earn their own $ using it?
I've asked myself these questionsWhere is the interest $ coming from when you are "lending" it? Who is borrowing it and what do they do to earn their own $ using it?
I've asked myself these questions
I know less than most about crypto and have no idea how it's done.For clarity, I haven't done any real research into it. But when I saw 8%+ rates for a while it kind of made me wonder. Hopefully the rates aren't based on future crypto gains themselves?