Last time you complained that my allocation strategy is only applicable to small deposits - up to $500. Let's see how to profitably store USD if you have an amount of $600 or more.
By default, I assume that we exchange USDT and USDC with each other on the spot at a rate of 1:1 without a commission (this is the current promotion)
So, how to profitably allocate stablecoins:
1. ERN offers increased interest rates:
- up to 400 USDC - 10.53%
- up to 200 USDT - 6.52%
2. It is currently more profitable to hold amounts above these sums in USDT
USDC - 0.53%
USDT - 1.52%
3. Participate in Launchpool
You can only lock USDC in launch pools, the reward is higher than in ERN. Therefore, when allocating, check if there is an active launch pool.
4. Dual investment
A good option for obtaining an interest rate higher than in ERN.
We choose to buy, for example, BTC. Next, we select a price that you believe will not be reached by the specified date.
For example, I chose to buy Bitcoin on June 5th at 91,500. If this price is not reached, I will get my USDC back with 12.12% - which is even higher than the promotion.
Attention! Dual Investment - a tool not for beginners. Ideally, if you understand where the price will go in the near future and what you will do if the purchase does take place, will that be acceptable for you?
Keep an eye on the dates:
If you want to allocate your USD to get the maximum interest, you need to keep an eye on the dates. The promotion on ERN may end or change, Launchpool may start/end, the term in Dual Investment will come to the planned date.
That's all the ideas for today, I await your edits or suggestions😉
