Do you have comment on the https://celsius.network/ platform in relation to what you mention above? I suppose your comment would probably be along the line of "Celsius is highly inferior because its APY for stablecoins (which is the main concern of this article, given it's talking about Warren Buffet) being 8.88% is quite lower. In that regard, its competitive rates for other cryptos don't count", right?
I don't think 8.88% is that bad, actually. That's an APY though, so I hope they reinvest it for you automatically (I think they do). APR is without compound reinvestment.
Nexo only gives you more with their tokens.
Anchor does APY + charge quite a bit in fees. It's still the best I know of for stable coins, but it's only been around since March, so I don't trust it as much.
In all of this, though, I'm only looking at stable coins.
Do you have comment on the https://celsius.network/ platform in relation to what you mention above? I suppose your comment would probably be along the line of "Celsius is highly inferior because its APY for stablecoins (which is the main concern of this article, given it's talking about Warren Buffet) being 8.88% is quite lower. In that regard, its competitive rates for other cryptos don't count", right?
I don't think 8.88% is that bad, actually. That's an APY though, so I hope they reinvest it for you automatically (I think they do). APR is without compound reinvestment.
Nexo only gives you more with their tokens.
Anchor does APY + charge quite a bit in fees. It's still the best I know of for stable coins, but it's only been around since March, so I don't trust it as much.
In all of this, though, I'm only looking at stable coins.