Best place to stake 50 avax?
Best place to stake 50 avax?
Hi, Where is the Best place to stake 50 avax?
Look into JOE (Trader Joe DEX) and join the community – you could potentially spread the 50 AVAX out and try different things before consolidating to your favorite.
Yieldyak autocompounder, Aave single stake pool %27 Apy right now. For those who wonders how they achieve such high apy, Yieldyak uses lending and borrowing leverage to its maximum extent ( depositing, using as collateral and lending again depositing the new amount again using it as collateral…)
BENQI gives around 12% APY. But you can convert your AVAX to Qi and stake in the BENQI app. Staked BENQI earns about 15% APY in Qi and 85% APY in AVAX.
I hold very little AVAX because the BENQI returns were so huge I couldn’t resist. At the start of Defi Rush BENQI had 50% APY in Qi and 200% APY in AVAX.