The average interest rate for a savings account is 0.06%. You can easily get 6% using stable coins.

Banks are the biggest scams in the world.They are giving you you interest rates of 0.06% for your money but if you want a loan you need to pay them 10% interest on average.On crypto, you can easily get 6% interest on stable coins - probably more. And lending is so much cheaper.I get that some people might think stablecoin staking / defi isn’t as secure as banks. It might be true, but if we want change we must take a leap.Do you stake stable coins? If so, where and which one?the numbers are just averages. You most likely will be able to get better rates.

Submitted December 31, 2021 at 04:44AM

No comments:

Post a Comment