Based on our record, Loanscan seems to be a lot more popular than TokenTax: Crypto Tax Loss Harvesting. While we know about 17 links to Loanscan, we've tracked only 1 mention of TokenTax: Crypto Tax Loss Harvesting. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
It depends on what you are lending. I found this website where it shows you the highest lending rates for stablecoins https://loanscan.io/. Source: over 2 years ago
The average DeFi yield on ETH is less than 2% according to https://loanscan.io/ ... 30% is too good to be true (or with some serious risk attached). Source: over 2 years ago
Depends your degen level. 8.04% on DYDX, 6% on Yearn, 5.55% on AAVE. Or a lot more in Yield farming. https://loanscan.io/ provides non-degen rates. Source: over 2 years ago
Is there a loanscan.io equivalent for Layer 2's and sidechains? Source: over 2 years ago
To be fair, this only compares the special offer on the first BTC of some competitor against the best yields available at SB with Genesis Premium. However, even *if you compare the base yields, the competition offers around 4.5% yield on BTC ON AVERAGE, more than 4x the base yield at Swissborg. * You can see it at Loanscan, SB themselves refer to them for comparison. The only ones worse than SB are Bitfinex (yes,... Source: over 2 years ago
There are safer ways to harvest losses on a crypto asset. One approach is to trade the depreciated asset for a coin with which its price is closely correlated, hold that correlated coin for more than 30 days, and then repurchase the original asset. For example, you might trade UNI for DPI, hold DPI until the wash sale period passes, and then repurchase UNI. Source: over 2 years ago
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