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Most stablecoins sit in wallets. And don't generate yield. But some new ones actually give you extra rewards while you hold them. They're called yield-bearing stablecoins and they work totally different from regular ones. Here's some tea on yield:
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Scroll DAO delegate accelerator acceptances are out! Check your inbox (and spam folder cause emails are weird) 30 delegates accepted out of 80+ of applications If you got in, congrats If you didn't, keep an eye out for open-source materials Thanks to everyone who applied!
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Stablecoins are supposed to always equal 1. But they don't. Right now USDC is $1.0007 on Binance. And a few mins from now, it can be $0.9994 on Uniswap. That's a (potential) $13 profit on every $10,000 traded. Here's how traders turn these tiny gaps into income:
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Summer checklist: ✓ Find gf ✓ Agree on destination with gf ✓ Book accommodation via @ether_fi Hotels ✓ Pay with Cash card ✓ Get 5% cashback It's that easy.
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Cash doesn't give you anything back. @ether_fi Cash does. 3% back on all purchases.
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