@CryptoLemon 23 August 2021

Where to earn BIG with your Stablecoins? Up to 47% APY !

Hello HODLers, **Today I am just going to give you some options to park your Stablecoins on Binance Smart Chain and ear juicy returns.** All of these options are blue chip DeFi projects but as usual there are some risks involved so be aware of these. **Venus Protocol** https://app.venus.io/ Venus Protocol has been live as long as Binance Smart Chain. **It now has more than 4.4bn TVL.** This is mostly a lending platform for your coins including your stablecoins. The yield is decent and you can borrow coins against your deposits. **The current APY are the following.** **Belt.fi** https://belt.fi/bsc Despite having suffered hacks a while ago, the platform is still operating and has learned from it. It now has a TVL close to 1.5bn making it a solid Top 10 project on the BSC. **Vaults** They have the same way to work as vaults on Venus.io and are single assets that you exchange against 1belt equivalent that is yielding the listed APY. LP Staking **Belt.fi has 2 options for Stablecoins LP Staking** **1. Option 1** The most used is the one below. This is the one used on Cubdefi.com to join the Belt USD Kingdom. **So you could add your stablecoins here, open a position and then add it to the CUB Kingdoms to get that extra 7% APY Yield.** **2. Option 2** Another new option with quite a small TVL at the moment ($0.7mn) is the Venus Belt LP Staking **It is promising a c.47% APY on stablecoins. Quite good right?** **This APY will probably come down as more TVL is added, but it is good while it lasts.** **So if you have been profit taking on the current way up, maybe you should park some of these Stablecoins and generate passive income before** ***maybe*** **buying the DIP again.** More ways to earn from stablecoins on BSC in tomorrow's episode. We will step up our game with **leveraged stablecoin farming**. Excited right? Stay safe out there!