The Ethereum Thread


These guys have Luno beat it seems.
 

These guys have Luno beat it seems.
only if you're willing to stake their very niche native CHSB token

if you don't want to do that, the standard rate on ETH is 5.5% ... higher but much closer to the Luno level:
1618494647212.png
 
only if you're willing to stake their very niche native CHSB token

if you don't want to do that, the standard rate on ETH is 5.5% ... higher but much closer to the Luno level:
View attachment 1052885
2. Deposit, buy or exchange to a yield-eligible asset (currently USDC, CHSB and ETH)

Do I have to buy each of these or just one of the them? And the CHSB is similar to the USDC in price currently. They all offer a sexy yield to boot, I'm failing to see the downside.
 
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2. Deposit, buy or exchange to a yield-eligible asset (currently USDC, CHSB and ETH)

Do I have to buy each of these or just one of the them? And the CHSB is similar to the USDC in price currently. They all offer a sexy yield to boot, I'm failing to see the downside.
CHSB has a price point entirely independent of any token with any decent market capitalization or liquidity

so the downside is: whatever money you lock up in CHSB in order to earn higher yield may be entirely lost if/when the price of CHSB tanks

i.e. the high yield comes with high risk, if you want to compare apples with apples you have to compare the "standard" yield to other providers' equivalent, standard, stake-less, earn-in-kind yield

in this case it is ETH yield with Swissborg of 5.5% vs Luno's 4%, if you want to roll the dice on staking something that barely cracks the top 100 in market cap that's your choice, just know what you're getting into

and no, CHSB is nothing like USDC:
1618518845551.png
1618518869644.png
 
CHSB has a price point entirely independent of any token with any decent market capitalization or liquidity

so the downside is: whatever money you lock up in CHSB in order to earn higher yield may be entirely lost if/when the price of CHSB tanks

i.e. the high yield comes with high risk, if you want to compare apples with apples you have to compare the "standard" yield to other providers' equivalent, standard, stake-less, earn-in-kind yield

in this case it is ETH yield with Swissborg of 5.5% vs Luno's 4%, if you want to roll the dice on staking something that barely cracks the top 100 in market cap that's your choice, just know what you're getting into

and no, CHSB is nothing like USDC:
View attachment 1053153
View attachment 1053155
I missed the trees for the forest a bit. I knew there were qualifies but I didn't inform myself on them and have now only realised what you meant by "only if you're willing to stake their very niche native CHSB token."
 
Meh, it's shed nearly $1,000 from it's ATH just a week or two ago. Is this since Elon Musk had his say?
 
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