So what's the best way to earn passive income? Keeping my money in the bank or staking it for 15% APR with one of these web3 platforms?

>>60509305 (OP)
Defi and Tradfi has some general trade offs yeah.

I prefer Defi because cashing out is immediate, but it's also riskier. If you want stable yield and don't want to worry about liquidity problems then what you can do is just lend out your USDC on a trusted platform like morpho.

Morpho is the only one I would sign off to anyone, they power Coinbase's Bitcoin loans so it genuinely means their tech is solid. You should be cautious with yield farming promising 25%+ APY. Good luck and don't be swindled.

https://morpho.org/blog/coinbase-launches-crypto-backed-loans-powered-by-morpho/

>>60509305 (OP)
>>60509315
That's a nice honeypot you made. Anons, this is a guaranteed total loss. Stay clear.

>>60509319
Aave is also nice too, but i only trust morpho personally. Currently trying to get out of compound.finance.

Most platforms that are established will work but YMMV OP

>>60509305 (OP)
bury your money.

>>60509305 (OP)
Rich Dad, Poor Dad.
psychology of money
richest man in babylon.
thank me later.

>>60509319
be clear. what's the honey pot? which protocol?

>>60509334
just some schizoposting to pass the time I assume, or someone with too much pride to ask.

>>60509321
Hyperliquid got the best shot. HYPE is pumping. Got 50% of my port in hyperevem.

>>60509337
OP, this is a bad example of who to listen to when trying to build consistent yield farming. Stick with established programs and not looking into the flavor of the month.

>>60509305 (OP)
I don't know...

>>60509327
my 2nd time on richest man in babylon. there's just a simple logic with earning and keeping money. it's the same old logic

>>60509305 (OP)
15% APR looks good but these protocols often get hack. do your DD before investing.

>>60509321
Aave so cool back in 21'

>>60509337
got some stable liq position on kittenswap. I hope every stay up and platform keeps running. It would be disastrous if a hack happens to hyperliquid.

>>60509315
it's risky but what's making money without scars? DeFi was made to kill tradFi.

>>60509305 (OP)
Keeping your money in the bank right now is like putting it in a coffin with WiFi. You’ll earn 0.01% and maybe get a lollipop.

>>60509356
everyone try to tell you what they do

>>60509305 (OP)
something happened with polyhydra network yesterday. stay safe out there.

>>60509305 (OP)
Defi over again but have you thought about Ce/De Fi coming together? that's a new phase of pushing blockchain for mass adoption.

>>60509337
big shot for prep dex.
hyperliquid
polymarket
paradex.

>>60509305 (OP)
>staking it for 15% APR with one of these web3 platforms?
Anything that has 15% APR is probably a scam or has risks you're probably not aware of, whether it be tradfi or defi

>>60509374
Aave is still on top of my list when it comes to farming. you don't just know how compounding works and you fall off.

>>60509392
less than 7% of the world population knows about bitcoin. less than 50% of that population uses defi. majority just holds their btc on spot or trade memes

>>60509305 (OP)
if you have to come here anon, then you know the answer to that already.

>>60509323
like a goddamn drug lord????

>>60509392
We're getting to that phase where both can co-exist

>>60509373
I think Vaulta still offers close to that for staking A. It was way more than than when I staked my tokens.

>>60509449
You obviously should stick to tradfi. put your money in the bank for 2% interest annually.

>>60509524
Definitely not with the juicy offers in the DeFi space.

>>60509524
You do realize high yielding bonds are currently offering higher yields (8%) than AAVE and Morpho (~6%)?

>>60509497
bring them paypal to blockchain and more users will adopt crypto.

>>60509305 (OP)
Bank = safe but useless

Web3 staking = high risk, high reward

>>60509315
Binance offers almost 11% max on their USDC. What's the trick? I heard that demand for digital dollars is so high that centralized exchanges can afford higher yields on them but I am not sure about the risks involved. Intheory Binance says it's protected but you never know.

>>60509437
that's a drive to web3 banking. a blend of tradfi and defi.

>>60509569
Who says banks are useless?

>>60509392
Risk is most certainly part of the game, although protocols are continuously developing strategies to minimize these inherent risks. a good example is Haven1 adopting auto rebalancing vaults. combining high yields with managed risk,

>>60509625
and who says they're not?

>>60509569
Based
Tradfi = safe but worthless
DeFi = risky, but can print.
Up to normies if they're feeling lucky.

>>60509538
Yeah, but at least high-yield bonds don’t vanish because some anon with a frog PFP rage quits the DAO.

8% in TradFi with state backing > 6% on-chain with smart contract roulette. Pick your rug.

>>60509625
Your money in TradFi gets used to fund BlackRock's bags and gives you 0.5% if you're lucky.

>>60509655
I tell people to stack in to one vault and lock in.

>>60509585
>>60509524
>>60509655
Bank gives you 0.7% and rug risk is still there. Defi gives you 15% and rug risk is just more honest about it.

>>60509530
becareful though. don't be so entice with these over hyped APR.

>>60509315
how much do these "Morpho" niggers pay you to promote this high risk shit?? if you people want to stake your stables you should do it only on trusted exchanges like Kraken/Binance and not on a random site that can disappear next morning, fuck tradfi and defi and also fuck banks!

>>60509706
There are some DeFi protocols with a robust risk/security approach, making it hard for investors to suffer unnecessary damages.

>>60509845
like what?

>>60509914
Aave, Haven1, Compound, MakerDAO and so on.

>>60509553
still trying to figure out your reasoning wavelength.

After the CETUS hack Ive grown weary of all this DeFi shit. Amazing how those retards managed to kill SUIs momentum on an exploit that was known for MONTHS. They claimed they were gonna make everyone whole 100% but instead I got like a 20% haircut and compensation in their chuck e cheese tokens. Ever since I also pulled off from PERQ cause of paranoia. I'd rather give my trust to our chink overlord CZ at this point. Fuck you CETUS

>>60510164
this is fucked up. Honestly, i thought they handled the whole situation well. but all these can be avoided if we all adopt hack-resistant protocols.
safety first

>>60509305 (OP)
Buy BTC and hodl.

>>60509305 (OP)
Bank or 15% DeFi staking? What's the play anons? My bank's giving me peanuts.

>>60509315
Nice plays. I'm definitely not touching this.

>>60509321
I've done my own research and found this to be retarded.

>>60509726
You're missing the point. TradFi is for wage slaves. DeFi is where real money's made. The risk is the reward. 15% isn't even that high for some platforms if you know what you're doing. Do your own research, find audited protocols. My stack's been making me more in a month than my bank account does in a year. Banks are for normies that want their money to slowly erode to inflation.

>>60509323
Spend the money, you might be unalived any day. That's the reality of life.

>>60509327
>richest man in babylon.
I've read this. It teaches a lot about mooney management for small and big earners.

>>60509334

>>60510262
> What's the play anons?
Buy dinos, Hodl and stake

>>60509321
>Aave is also nice
i like their approach towards preventing impermanent loss. Kinda of similar to Haven1

>>60510296
It's not black and white, anons. It's about risk appetite and diversification. Put your emergency fund in TradFi, sure. But if you have capital you're willing to lose, exploring DeFi for higher yields makes sense. Just don't fomo into the first thing you see. Look for established projects, solid tokenomics, and actual utility. Anything promising 100%+ is usually a scam, but 15% isn't unheard of for stable assets or well-vetted pools.

>>60510567
XRP, A, SUI

>>60509337
There isn't. It's a literal actual rugpull scamcoin.

>>60509356
Let him hold my worthless bags down to zero after I took his money. Let him get financially raped and learn his lesson

>>60509360

>>60509364
However, those methods don't factor in the rapid inflation. It's better to keep money in a growing business than to keep liquid cash.

>>60509379
>got some stable liq position on kittenswap
This is completely new. Is it even real?

>>60509449
Government Tbills could be as high as that. It's not always a scam.

>>60509476
Where did you get these values?

>>60509569
What will you call web3 banking?

>>60509587
Unfathomably based.

>>60510763
Homie you’re giving me hopium. Holding my bags at this point. Can’t wait to see what you crazy kids have for us. Godspeed

>>60509305 (OP)
TradFi or DeFi?
What’s actually the best passive income rn?
3% in my bank account or 15% staking on some DeFi platform that might vanish next week?

>>60512024
bank gives me $4/month
defi gives me anxiety

>>60512024
15%? Wagmi or rekt. What's the coin, shill me or fud me.

>>60512046
Anon, asking for a shill is peak brainlet. DYOR.

>>60509305 (OP)
DeFi till I die, or till the smart contract gets rekt. High risk, high reward. That's the only way to make it. Fiat is a slow bleed.

>>60511931
That was a rather exceptional circumstance, historically they average ~5%. Anything >10% is beating the S&P, which is usually a difficult thing to do.

>>60509315
>riskier

>>60512220
>comparing interest rate risk with the default and smart contract risks present in DeFi
ISHYGDDT

>>60509305 (OP)
Inflation eats money in the bank. DeFi can be risky, but it's more profitable. Try to maximize and diversify your platforms, even using crypto for payments to earn some cashback whenever possible. And put some in BTC and hold for long term

>>60509672
Staking with protocol that's been around and isn’t just farm-and-dump meta? Might be worth. Some of these projects actually offering decent level APRs.

>>60512388
Based take, anon. Inflation's eating your bank account, so ape into DeFi, diversify your bags, and stack sats, and also diversify into coins with actual use cases.

>>60509321
whats wrong with compoundfinance?

>>60509364
that part about paying yourself before your debts changed my life, if i didn't i'd still be paying off credit card debt like a good goy with no portfolio at all, now at least i have a chance of outperforming the APR +inflation

>>60509305 (OP)
>So what's the best way to earn passive income?
Get a side hustle!!!!!

>>60512637
Only staking what's got future value. My BNB, A, and SUI bags are set.

>>60511965
It's just the bridge, anon. The on-ramp for TradFi to get into DeFi. Get ready.

>>60510567
Based. Dinos like LINK, A and BNB are the real play. Hodl those bags, stake 'em for easy gains, anon.

>>60509655
we don't get to see many risk focused protocols these days. a good number of em just focusing on providing high yields without sustainability in view

>>60509305 (OP)
> Put your savings in a bank
they loan it out for 10x returns, and you get 0.2%
Boomer economics.

>>60510296
based af

>>60512798
Vaulta is giving people a way to slowly exit TradFi without jumping into degen hell.

>>60513229
yeah, that’s been the trend lately. everyone’s chasing numbers, few thinking long-term. but there's always a few exceptions.

>>60511960
from the depth of her anus

>>60509392
DeFi will be wrapped into TradFi. It already is. DeFi is the surveillance state in camoflauge. Every transaction publicly saved in digital eternity, to be parsed by quantum gods. We are financing our own enslavement.

>>60510164
This. We have withdrawn all assets in SUI and SUI projects.

>>60510243
stfu noob
>>60510254
this

>>60512694
>>60512388
You speak utility and use cases. Name one token that has utility that is not simultaneously keeping a record of movement of people (NATIX, DIMO) or movement of digital money (DEEP/ CETUS) or movement of digits themselves (COM/ IO.NET). It is the apparatus of the surveillance state just like Keyhole/ Google Maps or LifeLog/ Facebook a generation ago. The difference is that instead of spending your tax revenues in secret, you are voluntarily financing it directly, so that it can later be bought with your tax revenues.

>>60513834
Just imagine not holding A when the normies all get onboard.

>>60513943
once the normies are in it its over

>>60509399
HYSAs still give 3.5-4%

>>60509706
If your bank rugs you, the FDIC would also have to rug you for you to lose anything. Tradfi has deposit insurance

>>60513908
btc and defi have the same exact philosophy, practices and fundamentals

>>60513894
no, we actually bought the government and tornadocash isn't even sanctioned anymore
they're also about to lose in court against roman and samourai

>>60509305 (OP)
if you have massive income you don't need passive income

>>60509305 (OP)
Why 15% APR, when you can get 80% APY from hUSDC LP on Haven1?

>>60515474
It started like that, but now it's all about speculations

>>60510019
The first 3 seems to be the ones focused on security

>>60516286
no because real defi contracts are immutable

>>60510019
>MakerDAO
you mean sky

>>60509305 (OP)
hybrid for now, defi on long term
I like mexc but I'm afraid of stuff like quadriga repeating, so I'm ready to pull out and stick with defi

>>60509305 (OP)
I literally get cashback paying through xMoney, you can even pay with stablecoins.

>>60516459
>>MakerDAO
Its one of the protocols that made me stick with DeFi, including H1 and Uni.

>>60510164
>After the CETUS hack Ive grown weary of all this DeFi shit.
The only protocol i still use is aave

>>60509305 (OP)
>Tradfi or Defi.
Memecoins. this is your only way out.

>>60517913
Sorry to break it to you, but Aave ain't resistant to hacks. only haven1 have successfully attained that status

>>60517728
but it has a new name now

>>60518070
AI agents like AI16z, A47 and others are better options

>>60515574
This isn't well spoken about enough

>STEVEN

>>60520824
maybe not. but it's better than sitting ducks all year without any tangible pump or dump.