what’s the best way to stake avax with usdt? As safe as possible
what’s the best way to stake avax with usdt? As safe as possible
Should I use trader joe? How can I stake avax (8% is too low for Core delegating, i need something with usdt/usdc)?
I want to earn as much as possible since I have AVAX and USDT in my wallet which I’m not touching
Geek LK Answered question May 15, 2024
You will lose compared to simply staking AVAX natively on core, especially during the bullrun. If you provide liquidity using AVAX / USDT pair, even if you get 100% APR, you will experience IL and during some large AVAX price pumps your position will become one-sided with usdt only.
Hasitha Jayaweera Answered question May 15, 2024