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Staking stablecoins at 8.88% APY on Celsius. Instant US$50 referral reward (that's 12.5%!)
By Simple Budget, Simple Life  •  August 25, 2021
The number of crypto opportunities are blowing my mind. I'm lagging behind but I guess it's never late than never.
Following my foray into Hodlnaut to stake my coins (BTC and ETH), I've now opened a new account with Celsius to stake my stablecoins. Stablecoins are coins that mostly have their value pegged to USD/fiat currency.
In a bid to diversify my portfolio, here's my crypto game plan: Buy cryptos via GeminiStake BTC, ETH via HodlnautStake stablecoins via Celsius All these are expected to yield me much better interest rates than keeping in the banks. Of course, volatility of the cryptos should be expected, but herein comes the use of the stablecoins!
For point 3, the stablecoin I'm staking is GUSD. I am banking on GUSD based on my research so far. Pls DYODD as well. Based on the Celsius web, I'm expected to receive 8.88% APY for GUSD (snapshot...
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By Simple Budget, Simple Life
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