Nord Finance Savings (V1) — Stake Stablecoins with High APY & Farm Nord
Hi Readers!!!
This is an article almost everyone will be interested in, most especially those that are too scared to hold coins of projects they do not trust or fully believe in. Looking at the volatility of the crypto market and how the market has treated a lot of people lately, It is safe to say that many people want to invest and earn in crypto but they might be scared of crypto volatility.
I must say most people now prefer to hold stablecoins but the big question is how a stable coin will yield and give returns?
This is what brought us to Nord Finance Savings.
Nord is an advanced decentralized financial ecosystem focusing on simplifying decentralized finance products for users by highlighting traditional finance’s key attributes.
Nord Finance Savings
This is a product of Nord Finance that allows users to stake their stable coins and yield farm Nord token, holding stable coins is known to eliminate the risk associated with crypto volatility but there’s obviously no way to earn from holding stable coins.
Nord Finance has provided for DeFi users, a good way to earn high APY by staking their stablecoin, while doing this, your investment remains intact and you keep getting your APY on the staked coin.
At the moment, there are only 3 stablecoins available for users on Nord Savings. You can stake $DAI , $USDT, and $USDT, and the current APY for each of these stable coins are:
- $USDC ~170%
- $USDT ~ 165%
- $DAI ~ 240%
Currently, they are already over $1.7M Total Value Locked since the launch of Nord Finance Savings. Staking any of the above stablecoin will give you a very good APY and also you can yield farm Nord token.
You don’t want to miss this great opportunity.
Visit Nord Finance Savings Official Website.
THANKS FOR READING
