With the growth of DeFi & CeFi applications, it can be difficult to keep track where are the best yields for your stablecoins. On this page, I will collect the interest rates of the major crypto lending platforms, in order to find the best place to generate passive income and reach financial independence!
For the last couple of years, I’ve been searching for ways to increase my passive income. Nexo and BlockFi positions themselves as platforms to earn passive income, up to 12%, on your deposits with “minimal risks”. As using my idling crypto to earn some passive income is an attractive idea, let’s compare both platforms.