Where can I yield farm stablecoins?
Asked 3 years ago
My wife and I are wanting to expand our investment portfolios and get into the world of yield farming. We've done enough research and have officially decided on yield farming stablecoins. Where can we look to yield farm stablecoins? Is there a specific platform for it? Thanks!
Philip Burns
Friday, June 03, 2022
Here are the top three platforms where you can yield farm stablecoins:
Aave – this is a popular stablecoin yield farming platform. With more than $14 billion in value locked and a market capitalization of $3.4 billion, Aave is the safest stablecoin yield farming platform to consider.
Venus – this is a decentralized platform for lending and borrowing with multiple stablecoins. XVS is the native currency of Venus. It is volatile as it absorbs the price volatility of the cryptocurrency market. Venus offers highly competitive rates on stablecoin deposits.
Harvest – although it is relatively a new stablecoin yield farming platform, it offers lucrative returns. When you deposit your stablecoins, the platform farms the best yields using cutting-edge technology.
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