Where should I lend my AVAX for a decent yield?
Where should I lend my AVAX for a decent yield?
I put some into Aave and as I understand (correct me otherwise) I should be getting 12% APY.
Anyone know anywhere else that offers more? Keep in mind I’m a noob and using a MetaMask wallet.
Thanks in advance!
You should know that higher yeld comes with greater risk. What these do they leverage you to get you more Apr. There are a few such a beefy finance or yeald yak or you could do the classic aave+ curve
Benqi finance. You can either lend all your AVAX to get approx 17%, or convert some into QI, lend them to get 100%~ APY (80+% of the rewards are paid in AVAX).
Edit: I haven’t check the rates for some time, you can go to their website and see the updated rate.
I use yieldyak so it does this for me in the aave farm. I haven’t checked today. But approx 30% spy.