Farming stablecoins is one of the best plays to make. Here’s your guide.

Farming stablecoins is one of the best plays to make, especially in a bear market.

But how do you by doing it? What are the different options? What are the pros & cons? This post is for you.

We’re diving into:

• Lending protocols
• Yield Aggregators
• Incentivized Liquidity
• Leveraged farming
• Risks involved
• Finding the right play for you

Lending protocols.

Lending protocols are super simple.

Lenders lend out their stablecoins at a certain APY, borrowers borrow at a certain APY that is higher then lender APY.

The interest goes to the lenders.

Top Tier Lending protocols

Top tier blue chip lending protocols like Aave & Compound have been around for a while, they’re safer and have lot’s of money locked in.

The stablecoin APY on these platforms is typically low, but still significantly higher than traditional savings accounts.