Aave [OLD] Գին

Bitcoin-Cash (BCH) has 2 Yield options. Gemini Earn is paying 5.5% interest to lend to Genesis. BCHG (OTC) shares has a 36% discount to spot BCH price.

<!-- SC_OFF --><div class="md"><p>Many who own BCH dont know that there are high paying Yields for this crypto currency. </p> <p><strong>Option 1:</strong> </p> <p><a href="https://www.gemini.com/earn">https://www.gemini.com/earn</a></p> <p>There are many traders who are paying top dollar to Borrow BCH and play the markets (gamble basically). They either make way more than their interest rate, or lose way more.</p> <p>If you dont know how to play the markets, you can take the safer option and lend for interest, to Genesis through Coinbase earn for 5.5% (5.33% daily interest, cumulatively is actually 5.5% if you dont withdraw your earnings)</p> <p>Pros: Easy to withdraw. Daily interest. Very liquid.</p> <p>Cons: Rate can change, either higher or lower in the future.</p> <p><strong>Option 2:</strong></p> <p><a href="https://grayscale.com/products/grayscale-bitcoin-cash-trust/">https://grayscale.com/products/grayscale-bitcoin-cash-trust/</a></p> <p>Ticker: BCHG an OTC stock run by grayscale. They are holding BCH on Coinbase custody, and are selling BCH 36% below their face value. This is because for now they are not allowing the BCH to be withdrawn, they are trying to convert it to an ETF which would allow withdrawals, or they can simply enable withdrawals in the future if they choose to do so (Im not sure why they arent already).</p> <p>This rate is 6 and a half times the yearly interest of Gemini earn. So if it becomes an ETF before 6.5 years you still get paid the full yield. </p> <p>Pros: 6.5 years of 5.5% locked in even if they allow withdrawals earlier, then you just take it out and lend it somewhere else for more interest. Rates cant drop because its locked in.</p> <p>Cons: to withdraw your profits, they have to either become an ETF, or enable withdrawals, or the market price has to reach parity with spot. You are assigning a 6.5 year window for this at a 5.5% interest rate. If its longer it might have been better to just lend elsewhere</p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/Oscuridad_mi_amigo"> /u/Oscuridad_mi_amigo </a> <br/> <span><a href="https://www.reddit.com/r/btc/comments/yjdugx/bitcoincash_bch_has_2_yield_options_gemini_earn/">[link]</a></span>   <span><a href="https://www.reddit.com/r/btc/comments/yjdugx/bitcoincash_bch_has_2_yield_options_gemini_earn/">[comments]</a></span>