I have put money into several platforms, and the APR has not been as steady as I hoped. For instance, on Aave, my APR fell from almost 12% to 4% in just a few months. It’s tough to decide how long to keep these investments when the APR is so unstable.
How do you handle this? Do you have a set plan for how long you keep your funds in a pool, or do you keep an eye out and switch to the next best option?
I usually keep an eye on the APRs I look at, but there’s a tool called Super Form that makes it simple to find yields across different ecosystems and L2s. I think you might need to use a VPN for it.
I check my APRs weekly. If a pool’s rate drops below what I’m okay with, I start looking for other options. Jumping between pools can add up in fees, so I prefer ones that offer some stability, even if the APR is lower.
@Elliot
I agree, but it would be nice to have alerts for big changes.
Livingstone said:
@Elliot
I agree, but it would be nice to have alerts for big changes.
If there was a service sending you APR alerts, would you be willing to pay for it?
Most of my investments have a decent APR for about 2 to 3 months, then I start looking for new chances.
I have an Excel sheet with some calculations.
Patton said:
I have an Excel sheet with some calculations.
Can you share it? I’m curious to see what you came up with.
I check on an hourly basis.
Vin said:
I check on an hourly basis.
How do you do that? Did you automate things or are you checking it manually?
I just check the APRs regularly. Every payday, I buy some crypto and look at it then. Hunting for APR can feel like a part-time job if you let it.
Honestly, I find it tough to track my APR since most of my portfolio is in some memecoins and altcoins. Last time I checked back in April, when I started buying superverse, it was around ~9%.
Yeah, APRs can drop quickly, especially on Aave or other major platforms. I usually check mine weekly to see if it’s worth staying in or moving my funds. Sometimes it’s smarter to leave and find new pools with better returns. I’ve also noticed that running Ocean Protocol nodes gives me steady rewards without stressing about changing APRs.
@Sadie
What else do you pay attention to? How do you decide to leave a pool? Is it just when the APR drops or do you look at other factors too?
I’m dealing with the same issue right now. I wish there was a way to get notified when the APR goes below my target. Like if I could get an email as soon as it drops below my set range. That way, I can figure out how to manage my money better.
I used to check mine almost every week, but with Parasail’s restaking, I’m not as worried about fluctuations. Now I only check occasionally since the returns hardly change.
APR fluctuations are common. Think about diversifying across platforms, including EOS-based ones for possibly higher returns and lower fees.
You can reduce some of the volatility by making your decisions based on the 30-day yield and its trend, rather than what’s being shown at the moment.
This is a lesson you have to learn the hard way — a 30% APR for lending a stablecoin? Yes, please. By the time I moved my money, the rate had dropped to 12. What a bummer.
If the app doesn’t show that info, you can check the pool in defillama or look around for leads on better rates.
Hi Everyone, I’m curious about what you’re actually earning from lending.
How long do you usually stake for?
What’s the average ROI you’re seeing?
I’m new to this and would appreciate any information. Thanks!
I usually just set it and forget it, but it depends on how much it drops. I like to stay above 100% on DeFi coins and above 20% on stablecoins.