Naomi
@afrochicks
guys i have been in crypto for 3 years and things are still TOO complicated please let me test your products and give honest feedback on how to make it at least sound simpler cos i have an actual crypro use case which i know your products can solve but im tired of feeling stupid all the time here 😭
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Naomi
@afrochicks
APYS and staking i have USDC sitting in my wallet which i earn on automatically with coinbase but i know i could earn more with apps like morpho but i dont actually understand what is actually happening and idk if its risky or not so i havent tried it
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Joshua Hyde (he/him) ツ
@jrh3k5.eth
Moonwell and Compound are both reliable ways to lend USDC, in my experience (I use both). I like them because they issue *over-collateralized* loans, where someone can only borrow against something like 80% of the value of the ETH or other asset they provide as collateral. It exposes lenders like us to less risk from people defaulting on the loans since the liquidated asset is more easily able to cover the loss.
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