Alternative Income Streams (USDT staking, yield farming)

[philipma1957]

The 500% staking APR on exchanges like Bitget and others are only for new users and it will not last long. It may only last for just a week.

Most exchanges offer 10% or less APR for USDT which is not worth it at all to be risking holding your coins on a centralized exchange.

Solana staking is more secure on tremor and pays 7% but you risk losing the value of the stake as solana can go to 90 or 80 a coin.

I can get 4% in a USA bank cover by insurance fdic.  PayPal offers it in an actual bank. I do not think I can get 8% in any major usa exchange for usdt.

[rdluffy]

Solana staking is more secure on tremor and pays 7% but you risk losing the value of the stake as solana can go to 90 or 80 a coin.

I can get 4% in a USA bank cover by insurance fdic.  PayPal offers it in an actual bank. I do not think I can get 8% in any major usa exchange for usdt.

As the country I live (Brazil) in is more risky and the economy is not good, interest rates are very high
Here it's normal to find safe investments in banks that yield around 0.7% a month
Or if you leave the money invested for a few years, 2, 3 or 5, the returns can reach 1% per month 

[MrSpasybo]

As the country I live (Brazil) in is more risky and the economy is not good, interest rates are very high
Here it's normal to find safe investments in banks that yield around 0.7% a month
Or if you leave the money invested for a few years, 2, 3 or 5, the returns can reach 1% per month 

I'm guessing that interest rate is only for fiat savings deposits in Brazilian Real (BRL). Customers depositing foreign currencies like $US won't get such high interest rates. This interest rate might be designed to tighten quantitative measures and curb inflation in the economy. Of course, it also has side effects, making it harder for businesses to grow.

Back to the topic, some of the big APY programs for stablecoins offered by CEXs all have one thing in common: the stablecoin value limit is very low, usually only a few hundred $, and the participation time is also very short, only a few days. For example, I had $200 and Saved on Bitget for 3 days and got about $8 in interest, which isn't a huge amount. Bitget just wants to use this program to attract potential users. I rarely use a new CEX just because of these kinds of programs.

[kulkhan]

You could look into getting a Web3 job, staking (like Bitget warning  )/support/articles/12560603823836] This usdt staking offer[/url] for new USDT users with a 500% APR—though you’d need to create a new account or use a friend's), or even shorting the market (risky, of course).

500% APR is dream to us. I think some centralized exchanger giving this kinds offer for new users. I think it ia promotional offer for new comers  Where this offer for short time. Because in usdt staking 7%-10%. APR is good i think.
I think this promotional offer give good profit and it is for short time. So i always try to use new cex to avail this kinds of offer.