AAVE seems to be offering 3% interest on USDC. Is this legit? How should someone go about doing this? Do I have to buy ETH and transfer it to a wallet, exchange it for USDT or USDC, etc.? Also, is there some other DeFi network like AAVE you’d recommend?
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Blockfi and celcius offer 8%
You have a referral code?
Also what’s the catch with these providing 2x interest compared to AAVE? Do these carry more risk?