There are places to get > 10% on stables. But always the risk of rugs / hacks, you need to diversify. This is a crazy game, but if you are a software engineer it's a good side hustle / hobby to earn more money. I'm always mentally ready to lose 100%, it's about growing your stack and siphoning off some amount from the interest every week. I enjoy it
I found the high yields were always on shitcoins (where projects occasionally rug), or lost due to impermanent loss.
I'd love to be able to find more than 10% consistently on something like USDC
There are places to get > 10% on stables. But always the risk of rugs / hacks, you need to diversify. This is a crazy game, but if you are a software engineer it's a good side hustle / hobby to earn more money. I'm always mentally ready to lose 100%, it's about growing your stack and siphoning off some amount from the interest every week. I enjoy it
Technically you can lose more than 100% because you owe taxes on your staking rewards.
Still?
Plenty of places, check out https://app.velodrome.finance/ for one
Where's a good place to learn about this stuff
Not knowing what your technical abilities are, a potential place to start going down the rabbit hole is https://www.coinbase.com/learn
The Bitcoin Standard explains the philosophical underpinnings of why this isn’t a big Ponzi and there is real material value to stateless money:
The Bitcoin Standard: The Decentralized Alternative to Central Banking https://a.co/d/bC6XZqm