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Saved February 14, 2026
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The article discusses a method for achieving a 152% annual percentage yield (APY) on USDC stablecoins using the ZKP2P protocol. It outlines the process of depositing USDC, setting competitive rates, and trading with users who have fiat currency. The author also addresses risks such as account access issues and the evolving landscape of payment methods.
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Ben, known as @unhappyben, shares his method for achieving a remarkable 152% APY on stablecoins, specifically USDC. Over nine months, he generated $12.7K in yield from an average deposit of $6.3K. His strategy relies on the ZKP2P protocol, a non-custodial and permissionless platform that connects users looking to exchange fiat for crypto. By depositing USDC into a vault and setting higher rates than the market, Ben waits for matches. This approach eliminates traditional peer-to-peer risks, using zero-knowledge proofs to ensure secure transactions.
The process involves depositing funds, receiving fiat through platforms like Revolut or Wise, and converting the currency back to USDC using various chains based on favorable rates. However, Ben highlights risks, particularly related to account access. He lost access to his PayPal and Wise accounts while providing liquidity. Despite these challenges, he believes the demand for peer-to-peer trading will only grow, as he has transitioned from a user to a team member at ZKP2P.
Looking ahead, Ben envisions ZKP2P as the go-to solution for crypto onramps and offramps. He emphasizes that the infrastructure is ready, and liquidity is increasing. With a commitment to privacy and security, he sees great potential in a decentralized trading environment.
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