Where to stake USDC is there a liquid staking option like Rocket Pool?

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CalmLedgerSenior Member
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#1May 4, 2024, 04:51 AM
I’m thinking about putting my USDC on Ethereum, but I'm open to other networks if it makes sense. I want to use a staking platform that gives me some control over my funds, similar to what liquid staking like Rocket Pool offers. But I’m not interested in staking ETH since it's too unpredictable right now. My goal is to get the highest SAFE YIELD possible. I’d prefer to earn around 5% with zero risk than take a chance on 10% with some risk involved, if that makes sense. So, if you have any suggestions for super safe options with decent staking or yield returns, that’d be awesome. I'm looking to combat inflation without dealing with the price swings of BTC or ETH in this market. Appreciate any advice you can give! edit: ended up taking some suggestions and tried Chaser.Money and everything seems solid, thanks a ton!
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fox88Member
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#2May 4, 2024, 05:12 PM
ive got my eyes on Chaser Finance, which seems just to match your requirements, it seems to have the liquid staking model with cUSDC returns etc check it out i guess
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planktonSenior Member
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#3May 4, 2024, 07:32 PM
I prefer providing liquidity as a market maker as opposed to staking. Platforms like Raydium would let you use the Solana chain to provide USDC/WETH liquidity that could earn you a percent in the thousands depending how you setup your liquidity range.
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raven1337Hero Member
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#4May 4, 2024, 10:33 PM
You can use this. https://sky.money/ Sky was a rebranded form of maker dao. It offers 4% - 16% yield(totally depend on the product). It's using USDS(new brand of DAI). It's also offering 0% slippage when you're swapping from USDC to USDS(viceversa through sparkfi swap). It's also liquid, so you can withdraw it anytime. I'm also using it at this moment.
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ape_2018Senior Member
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#5May 5, 2024, 12:18 AM
Isnt lido better ? Yes it’s not Usdc it’s ethereum but enthereim value goes up over time due to inflation so it’s win win
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jake_gweiSenior Member
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#6May 5, 2024, 06:02 AM
Just go to AAVE and supply it. Handful of project that I know allocate ~90% of their USDC to generate interest for their yield token from there because it's the safest and offer good enough APY if utilization is quite high though current APR just sitting at 2.54%. Honestly even 5% is already on the higher and risky side for an APY if we are talking about staking. More than that, the sustainability is questionable.
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im_orbitMember
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#7May 5, 2024, 10:01 AM
I have not tested their services before but I know about Yield Finance which is a great platform as well. What is the APY of this platform for the purpose of comparison and how safe do you think they are? In terms of profitability and security, I think providing liquidity is better than staking. Staking have the risk of losing the entire funds as it involves keeping funds in a centralized platform in which any security concern will lead to total loss.
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boss_wizardSenior Member
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#8May 6, 2024, 06:24 PM
Ethereum is not a non inflationary crypto with capped total supply like bitcoin, in fact ethereum total supply is infinite and the only thing keeping it from overly inflating is the burning rate. So, saying ethereum values goes up overtime due to cash inflation isn't necessary true. The proof is current ethereum's price that has been on the same range since two cycles ago. It's different if you're talking about bitcoin.
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im_yieldMember
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#9May 6, 2024, 09:26 PM
this or fringe, if you want decentralized usdc staking - the other option of course is simply to stick it on Nexo
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#10May 7, 2024, 03:33 AM
If your main goal is safety over maximum yield, then true “liquid staking” like Rocket Pool doesn’t really exist for USDC in the same way it does for ETH. What you’re looking at instead are lending or yield platforms, not staking in the strict sense. For a conservative approach, sticking to well-known protocols with long track records is probably the closest match — especially ones where you can withdraw anytime and aren’t exposed to volatile collateral. Bridging to other chains can improve yield, but it also adds extra risk, so that’s a trade-off. In short: for USDC, lower yield + simplicity + liquidity usually equals more peace of mind. Once you start chasing higher APY, you’re almost always adding smart-contract or bridge risk, even if it doesn’t look obvious at first.
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basedmaxiNewbie
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#11May 7, 2024, 08:58 AM
mmmh, tried chaser but the problem with it, is it doesnt integrate well with ledger, i had to use metamask to unstake . agreed its probably the best/highest safe apy on usdc right now though.
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WildBearSenior Member
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#12May 7, 2024, 09:41 AM
To be honest, there is no such that exists with both options. What you'll get is that both of them will require you risk that's quite much. Whether you do it on a decentralized platform or not, they both possessed risk that you'll have to accept. But I do get what you mean here and so, I won't provide any of it because if anything happens and then your money is staked or yielded in that platform, I might get blamed for that.
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stack42Member
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#13May 9, 2024, 04:23 PM
In such cases you should weigh your options, if you want safe (100% safe doesn't exist anywhere), then don't expect any major yields. I've abstained from yield farming/staking for quite a few years now and have resorted to Binance's Earn platform, but the APY is quite poor compared to the decentralised platforms. I'm quite fed up with it, even though it basically provides a less stressful and supposedly, safer alternative, it's too little and I've been hoping to find something more lucrative.
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paul.ninjaFull Member
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#14May 9, 2024, 05:09 PM
There's no such thing as 5% with 100% safety. That number doesn't exist in DeFi or anywhere else. If someone's offering you yield, there's risk, smart contract risk, counterparty risk, oracle risk, regulatory risk, or just plain old "dev has the keys" risk. The question is always which risks you're comfortable with, not whether risks exist. That said, if your priority is genuinely capital preservation with some yield on top, the boring answer is the right one: stick to battle-tested protocols. Aave and Compound on mainnet have been around forever, have been exploited and survived, and the rates reflect that safety (read: they're not exciting). Sky/Maker's savings rate on USDS is also pretty conservative as far as DeFi goes.
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max.wizardFull Member
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#15May 10, 2024, 08:40 PM
Did you try getting your request through at least one LLM?
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CalmLedgerSenior Member
Posts: 236 · Reputation: 1270
#16May 10, 2024, 09:24 PM
in the end took advices and tried Chaser.Money and all seems pretty good, thanks a lot
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