Bear Market Stablecoin Mining
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Now, even when the market is not doing well, many people will not withdraw from the crypto market entirely, opting instead to hold stablecoins. Sorted out the list of stablecoin mining in the bear market: where can I get high returns?
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1
Fei Protocol
FEI uses a new kind of stablecoin mechanism called direct incentives. It is more capital efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets.
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Curve
Curve is a decentralized exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading
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3
Abracadabra
Abracadabra.money is a spell book that allows users to produce magic internet money ($MIM) which is a stable coin that you can swap for any other traditional stable coin.
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4
Beefy Finance
Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem.
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5
Alchemix
Alchemix is a DeFi protocol that allows for the creation of synthetic tokens that represent the future yield of a deposit. It enables users to retrieve near instant tokenized value against temporary* deposits of stablecoins.
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6
Anchor Protocol
Anchor is a savings protocol offering low-volatile yields on Terra stablecoin deposits.
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Reflexer
A decentralized, stable and non pegged currency made for the digital economy
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8
ProtoFi Protocol
The First User Owned Decentralized Bank
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