META 1 Coin Reports

Why You Need to Use Stablecoins to Save Better

Why You Need to Use Stablecoins to Save Better

The introduction of stablecoins into the crypto market marked a major milestone for users. These tokens differ from regular cryptocurrencies in that they derive value from other assets. The original goal of stablecoins was to reduce volatility for traders and simplify business accounting. However, these coins can do much more than that. Here are some great reasons to start using stablecoins to save better.

Fight Inflation

One of the best reasons to use stablecoins in your savings strategy is that many are designed to fight inflation. The introduction of gold-backed stable coins creates a new era in the market. Unlike fiat-backed tokens, these projects appreciate alongside their backing asset gold. As such, they provide a much better store of value to the market.

The META1 Coin reduces inflationary concerns in multiple ways. For one, the token is pegged to a basket of gold-related assets. This approach provides more stability and reduces inflationary risks. It also buffers against the sudden discovery of large gold deposits. Together, these attributes make stablecoins a great way to save.

More Options to Generate Wealth

The sudden growth of DeFi (decentralized finance) has created a unique opportunity for stablecoin users. Today, there are a variety of ways to use stablecoins to create wealth. In the past, you would need to trade these assets to gain profits. Now, you can take advantage of a variety of services that provide rewards without giving up your assets. Here are the most popular ways stablecoin savers build their holdings.


One of the most popular options in the market is staking. There are a variety of different staking protocols in service today. Most staking services are used to secure a network. Users lock their tokens into a smart contract for a preset time. In return, they receive rewards in the form of cryptocurrency.

Staking is a great way for new users to secure consistent rewards with little effort. Your rewards are based on the number of tokens you stake rather than your skill level. You can add more tokens to your stake to gain more profits.


Farming is like staking in that you are going to place your crypto into a network smart contract called a farming pool. Farming differs from staking in a couple of ways. For one, farming pools don’t require you to lock your tokens up. As such, you can access your funds if needed without any penalties.

Additionally, farming isn’t related to network security. It’s about generating liquidity for projects and services, Also, farming pools have varying APYs unlike staking pools that provide you with a guaranteed return. These rates adjust daily which means farming requires monitoring versus staking. Notably, farming pools can pay out more than staking pools.


Another great way to put your savings to work is using a DeFi lending protocol. These systems enable you to lend your savings to other users in a permissionless and decentralized manner via large lending pools. These smart contracts reward you for your contributions in the form of LP tokens that increase in value as the pool grows.

P2P lending systems vary but most provide the lender with a repayment policy that insures repayment regardless of if the buyer pays late. These systems are able to provide this service because they use funds from the liquidity pool combined with strict collateral requirements and liquidation policies. As such, you can lend out your stablecoins and earn rewards securely.


One of the easiest ways to profit off of your stablecoins is simply by holding your projects. Unlike your fiat currency, which is designed to decrease over time, coins such as META1 provide value growth. The METANOMICs ecosystem is designed to provide you with both wealth generation strategies and value locking mechanisms.

One of these systems is set up to ensure that META1 coins don’t fall victim to whale manipulation. The smart contract cross-references the token value when whales attempt to dump their bags. The system then blocks whales from selling their tokens for under token value. This strategy protects token holders from large-scale value drops due to pump and dump schemes.


Stablecoins provide more security than investing in gold. For one, most gold investors don’t hold the actual precious metal. Instead, they simply hold paper certificates that say they own gold. Additionally, those that hold physical gold must account for the security and storage of these assets. These costs slowly eat away at their savings over time.

In comparison, you can store your stablecoins in a variety of low-cost manners. The most important thing to remember is that you want to hold your private keys. These keys are the only way to access your cryptocurrency on most networks. You could easily hold and store millions in value using a simple blockchain account in a private and secure manner.

Additionally, traveling with large amounts of gold is very expensive and dangerous. History has shown that gold is too cumbersome to use in large transactions across the globe. Cryptocurrencies can be sent in seconds in a permissionless and frictionless way. As such, they provide users with a better option in terms of security.

It’s Time for a Change

Stablecoins change the game for savers. For the first time, there is an independent and transparent alternative to fiat currency and gold. The introduction of these digital assets has created a stir across the financial sector. Already, centralized banks are rushing to create their own stablecoins to compete with these next-generation tokens. Despite their best efforts, it will be hard to catch up to projects like the META1 Coin that incorporates so many benefits for users.

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