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Stellar is underrated

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by COINS NEWS 159 Views

I feel like people don't see the value of the Stellar Network:

It supports Tokens, NFTs, and has USDC natively. The platform you can use to make trades is typically the Lobstr Wallet or StellarX. StellarX is great because it lets you view everything you can trade for and you wallets assets. You can also earn a lot by using their yield tokens. yETH and yBTC are 5% APY and yUSDC is 9% APY. Those alone are better than a lot of rewards from exchanges or Ethereum Layers. I personally try to put my savings in yUSD since it's 1:1 still with great yield. The better part are the tokens from MintX, you can buy silver, gold, platinum, or palladium from them. It's pegged per gram and in certain countries you can exchange it for the physical metal. There are lots of other Crypto's with tokens pegged as well so you can keep everything in one wallet and avoid fee's, like Ethereum. The best part is the fee structure. I think it's something like 0.00001 XLM per transaction, but that literally nothing even if the coin rises a good deal, certainly better than any other assets that impose network fees. I'll go out on how you can earn more rewards through adding to stellar liquidity pools. They have many different pools you can earn by adding to, but it's definitely worth getting in to.

I hope people can take a look at stellar for what it is instead of just the free couple bucks Coinbase gave them for sleeping through their videos. It's a great asset, great defi, and super good for hodling!

submitted by /u/piedrasantaj
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