Tether currently has extremely high interest rates on Compound. The Lending supply is at $726.14M, and total borrow is at 611.03M. If you put about $10k worth of Tether in you'd earn about $2.15 per day, and $100k would give $21.54. $1 mil would earn $215.37 in a day. Don't know if the market is spooked about Tether collapsing currently. But, the risk might be worth it if you put a lot of money in Tether till the interest rates drops down to the usual 2.5% APY.
heidegger245 cross-posted this post in OCD 3 years ago
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