https://twitter.com/OlimpioCrypto/status/1481019888093188097

US inflation rate rose to 6.8% in 2021, its highest since 1982. Traditional finance is paying 0.5% interest on your USD. Want a way out of this, leveraging DeFi and minimizing risk? The answer: stablecoins farming. Here are 9 ways to invest stablecoins in DeFi with high APYs:

@StakeDAOHQ

APY USDC → 64%

• Strategy: ETH Put Selling

• Where does the APY come from: selling ETH puts & LP collateral in

@fraxfinance

• Smart contract risk: @opyn_ , @CurveFinance , Frax

• Other risks: puts expiring in the money

• TVL: 18M

• http://stakedao.org

@ribbonfinance

APY USDC → 34%

• Strategy: ETH Put Selling

• Where does the APY come from: selling ETH put options

• Smart contract risk: @opyn_, @iearnfinance , Ribbon

• Other risks: puts expiring in the money

• TVL: 47M

• http://ribbon.finance

@anchor_protocol

(Terra blockchain) APY UST → 19.5%

• Strategy: stake UST

• Where does the APY come from: borrowing fees, staking of bLUNA and bETH

• Smart contract risk: Anchor,

@LidoFinance

• Other risks: UST losing its peg

• TVL: 5.4B

• http://anchorprotocol.com

@ConvexFinance

APY → 19%

• Strategy: stake MIM-UST

• Where does the APY come from: $CRV and $CVX, trading fees

• Smart contract risk: @CurveFinance , Convex, @MIM_Spell

• Other risks: UST/MIM losing their peg

• TVL: 1B

• http://convexfinance.com

@mstable_

APY mUSD → 16.72%

• Strategy: stake mUSD

• Where does the APY come from: swap fees and lending, $MTA rewards

• Smart contract risk: mStable

• Other risks: mUSD losing its peg

• TVL: 30M

• http://app.mstable.org

@iearnfinance

APY USDT → 11.78%

• Strategy: stake USDT in Yearn's vault

• Where does the APY come from: @CurveFinance swap fees, $CRV

• Smart contract risk: Curve, Yearn

• Other risks: Tether collapsing

• TVL: 111M

• http://yearn.finance

@AaveAave

(Polygon) APY USDT → 9.34%

• Strategy: lend USDT

• Where does the APY come from: lending interests, $MATIC

• Smart contract risk: Aave

• TVL: 260M

• http://app.aave.com

@PancakeSwap

(BSC) APY → 7.58%

• Strategy: liquidity provide USDC/USDT

• Where does the APY come from: trading fees, $CAKE

• Smart contract risk: Pancakeswap

• Other risks: people realizing BSC is a scam

• TVL: 59M

• http://pancakeswap.finance