Let’s face it.
The days of triple-digit APYs seem to be over and far away…
… and it doesn’t even seem to be worth it given:
- Smart contracts are risky and vulnerable to hacks.
- Gas costs due to smart contract interaction.
- Regular costs of claiming and selling farmed tokens.
- Market risks of holding the tokens associated with yieldfarming (see chart below).
The market risks associated with yieldfarming are significant. An FTX-created index of decentralized finance (DeFi) tokens associated with yieldfarming shows the inherent risks of holding a capital asset position in the space.
So, what are the alternatives available to BTC (or USDT) holders?
There is an easier, more profitable, less risky solution: Investing your BTC in the dual currency investments at YieldLion.
- All funds are secured with our crypto custodian, BitGo.
- There are no gas costs or other periodic costs associated with claiming & selling proceeds. Returns are directly deposited to your account.
Come start your investing journey on YieldLion. We hope you enjoy the safe & steady yields that you can enjoy on the platform.