Where is the Best Yield in Crypto?

Have you ever seen crypto yield in the hundreds of % before? It’s common to see these in newer protocols and yield farming Dapps. But what about the thousands?

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Iron Finance, an undercollateralized stablecoin protocol on Binance Smart Chain from 2021, was offering extremely high yields for users that deposited their $TITAN token. They followed a similar playbook to Terra: using the $LUNA token to back their $UST stablecoin.

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Unfortunately for Iron Finance investors - it suffered the same fate as Terra, collapsing spectacularly and sending both $TITAN and $IRON, the $TITAN backed stablecoin, to zero.

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All the yield and gains earned by these investors was completely wiped out. 

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In systems like these: yield is paid out by new entrants hoping to cash out before the music stops - a textbook ponzi scheme.

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Yes, the yield % is unbelievably high, but in cases like these, it’s unlikely you’ll be able to time the top to cash out all of your gains in time. 

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Iron Finance’s stablecoin took less than 24 hours to go from its peak to -99%.

Unsustainable yield is not worth the stress. You deserve high yield that’s sustainable, safe, and liquid.

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In Zest Protocol’s case, the yield for lenders is paid out by fees collected from degens borrowing against their collateral! It’s a sustainable flywheel that creates a curve that follows market dynamics.

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No smoke and mirrors, no token incentives inflating emissions, no shady tokenomics - just real yield paid out in a decentralized, peer-to-peer market!

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According to the rekt.news leaderboard - the top 3 exploits in crypto happened to unaudited protocols.

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$1.82 billion dollars of investors' money gone with the wind due to contracts that didn’t have any auditing work done on them.

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Security of user funds is our #1 priority, and we reflect that through our contracts that have been reviewed by 4 separate crypto auditing companies.

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On top of all of these - we have a $100k bug bounty program encouraging white hats to battle-test our protocol.

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Have you ever felt the frustration of trying to sell a staked token that has a 21-day unstaking period?

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This particular token offers high staking yields as long as you agree to a 3 week unstaking period. In that same amount of time, the token decreased in price by 33%.

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The 5% APY earned from staking this token has been completely wiped out from less than a month of price action - do you really want to risk being locked in the unstaking timeout while a drawdown happens?

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Thankfully for the Zest Protocol Zesties, they benefit from instant deposits AND withdrawals, no timeouts here. Deposits instantly start earning passive yield with no strings attached!

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There’s a lot to consider when looking for the maximum yield you can earn on your crypto assets:

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• High yields can be misleading, if you don’t know where the yield is coming from: you are the yield.
• Insecure contracts can be exploited, destroying your capital and gains.
• Unstaking wait times are silent killers - crypto is too volatile to wait for your crypto to be liquid.

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Take the zesty route, deposit your $STX, $stSTX, $DIKO, or $USDC today!

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And as usual, stay zesty🍊

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