U-Coin Standard "Earn While U Sleep" Strategy: CEX Stablecoin Staking vs On-Chain Yield Farming Protocol Deep Dive

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1. Centralized Exchanges (CEX) such as Binance, OKX, Gate.io, and Bitget offer simple and user-friendly single-asset financial management services with different levels of annualized yield, suitable for novice investors. 2. On-chain lending platforms such as Aave V3, Compound V3, Yearn Finance, etc., provide the DeFi world's time deposit feature, with varying annualized yields depending on the platform and asset. 3. Advanced players can utilize decentralized protocols such as Pendle, Ubeswap, and Solayer for more complex asset allocation to achieve higher yield rates. 4. The article presents an asset allocation pyramid strategy from defense to offense, including CEX instant access for risk mitigation, on-chain insurance, and yield farming combinations, for investors' reference. 5. Please note that the content of this article is contributed and does not represent the views of BlockBeats. Investment should be made with caution.

Source: Cointelegraph

1. Centralized Exchange (CEX): Beginner-friendly "Brain-Dead" Investment Solution

Using Binance, OKX, Gate.io, and Bitget (as of February 28):

Binance: The real-time annual interest rate for single-asset management of USDT is currently 2.4%, with a 7% rate for Tier 1 (0-500 USDT) and an additional 2% bonus for Tier 2 (500-5000 USDT), resulting in an estimated annual interest rate of 1.9% to 9.4%;

· The real-time annual interest rate for single-asset management of USDC is currently 1.63%, with a 10% rate for Tier 1 (0-500 USDC) and a 3% bonus for Tier 2 (500-10,000 USDC), resulting in an estimated annual interest rate of 11.62%;

· The real-time annual interest rate for single-asset management of FDUSD is currently 1.43%, with an 8% rate for Tier 1 (0-400 FDUSD) and a minimum investment of 0.1.

OKX: The real-time annual interest rate for single-asset management of USDT is currently 5%, and for USDC is also 5%, with a minimum investment of 0.01.

Gate.io: The real-time annual interest rate for single-asset management of USDT is currently 3.96%, with an additional 10% bonus in the form of $GT tokens, and the tiered annual interest rate varies with the number of days deposited: 2.89% at 3 days, 3.42% at 7 days, and 3.68% at 14 days, with a minimum investment of 1; USDC single-asset management has an interest rate of 5%, with a minimum investment of 1.5.

Bitget: The real-time annual interest rate for single-asset management of USDT is currently 5.96%, with an 8% additional bonus for amounts within 0 - 500 USDT.

CEX products are easy to use and offer flexible access, making them beginner-friendly. Binance/OKX have similar rates for their current products, while Gate.io offers a 3.9% annualized return on USDT with an additional 10% reward in the form of the platform's token GT.

2. On-chain Lending: The "Time Deposit" of the DeFi World

Example of on-chain mainstream lending (based on February 28th base interest rates):

Ethereum

· Aave V3: USDT 3.48%; USDC 3.93%; DAI 4.75%;

· Compound V3: USDT 4.53%; USDC 4.48%;

· Yearn Finance: USDT 4.56%; USDC 4.36%; DAI 10.38%;

· Uniswap V3: USDC-USDT LP 19.01%; DAI-USDT LP 19.13%;

· Morpho Aave: USDT 7.21%; USDC 5.02%;

· Flux Finance: USDT 4.79% 4.89%;

· Fluid Lending USDT 4.34%; USDC 4.30%;

· Spark: USDT 5.53%; USDC 4.77%; DAI 5.91%;

Solana

· Kamino Lend: USDT 2.88%; USDC 5.28%;

· NX Finance: USDT 10.85%; USDC 7.45%;

· Pluto: USDC 6.19%;

· Vaultka: USDT 20.83%; USDC 16.34%

· Francium: USDT 16.49%.

BSC

· Venus Core Pool: USDT 4.83%; USDC 5.85%;

· Wing Finance: USDC 5.92%

Base

· Aerodrome Slipstream: USDT 8.12%;

· Morpho Blue: USDC 5.47%;

· AAVE V3: USDC 4.23%

· Fluid Lending: USDC 2.35%;

Note: The above data is sourced from DefiLlama, as of February 28th.

3. Advanced Player Special: Deconstructing Yield as "Financial Lego"

Pendle: Yield Rate Futures

Pendle is a decentralized protocol that allows users to split their assets into principal and yield tokens to enhance yield.

Through Pendle, users can partition assets (like stablecoins) into two parts: Ownership Token (OT) and Yield Token (YT), tradable separately. For example, by depositing sUSD in Pendle's yield-bearing pool (YT), one receives a Yield Token (PT). Upon maturity, PT can be redeemed back to sUSD at a 1:1 ratio, with an annualized yield of around 14%. Similarly, using USDC can yield approximately 16.89% APY.

Usual: RWA Yield Harvester

Usual is a decentralized fiat stablecoin issuer that integrates growing tokens representing real-world assets (RWAs) such as Belldex, Ondo, Mountain Protocol, M0, Hashnote, etc., to transform them into the permissionless, on-chain verifiable, and composable stablecoin USD0.

By depositing USDC/USDT, users receive USD0 at a 1:1 ratio, currently offering an APY between 13% to 17%, relatively stable based on market conditions.

Solayer: Ecosystem Dividend Stacker

Solayer has integrated the USDC and Solana chains, providing users with a dual benefit opportunity. Users can earn a return by depositing USDC, while also participating in other high-potential projects within the Solana ecosystem, utilizing a multi-pool approach, with the current APY around 4%.

4. Author's Practical Configuration Plan: Asset Pyramid from Defense to Offense

In the crypto field, risk management is key. To ensure investment diversification, below is a personal stablecoin strategy for reference only and without any investment advice.

Defense Layer (50% of funds)

CEX Demand: Binance/OKX instant-access funds pool to address sudden liquidity needs

On-chain Security: Solana ecosystem projects like NX Finance (USDT 10.85%) and Pluto (USDC 6.19%) for future airdrops and yield considerations

Offense Layer (30% of funds)

Yield Combo: Pendle Protocol internal allocation of YT:OT = 7:3, with 60% in the USDe pool and 40% in the eUSDe pool, balancing the dynamic interest rate risk

Exploration Layer (20% of funds)

Blind Mining: Participate with a small fund in new protocol liquidity mining, with individual project investments not exceeding 5% of the total position