If you have some idle crypto, why are you not using it for lending/borrowing/staking/LPing, etc?

question to individuals, but also projects with treasuries, daos, group chats 

* replies are anon

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

1) know being pushed an ad or blogpost or cast by someone that breaks it down simply in

on 100$ of <Coin> you recieve <p>% each <timeframe> by <depositing here in frame / doing step 1,2,3> 

the easier the by <> becomes the more likely I am to do it. That's why the morpho frame has me so excited once more wallets become available

2) I just don't care about earning that much in DEFI. I just wanna write code and not be bothered so if it's anything active I am unlikely to do anything

3) what's in my cold storage is cold for a reason. Don't wanna touch it. If that means not earning yield, that's my price of percieved security in not touching. Like gold in a bank vault. You pay the bank vault

4) DEFI to me is attached with gambling + hacks. so see what horselegend said about security

Developer 🤓 build, develop and operate Farcaster solutions @ dtech.vision also love tech, decentralization, fitness and oldschool rap 😎

It’s mainly number 3 for me. Especially since the yields nowadays are “not that worth it” tbh.