What are good newcomer defi investments?

I just bought my first ETH and I’d like to invest in DeFi projects.

I’ve come across Uniswap ETH-USDC which this websites says is more than 100% yearly return in fees.

However, I’m quite skeptical as that seems high. I’m aware of the impermanent loss, but unless ETH tanks that doesn’t seem to be too concerning.

What other strategies could I consider as a newcomer?

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2 thoughts on “What are good newcomer defi investments?”

  1. >I’m aware of the impermanent loss, but unless ETH tanks that doesn’t seem to be too concerning.

    IL will affect you if the price of ETH increases as well. If you’re familiar with options think of LP as selling options.

    Here’s the list of the most active DeFi strategy threads in this community if you want to learn about other ways to earn yield: [https://www.reddit.com/r/defi/search/?restrict_sr=on&t=all&sort=top&q=flair%3A%22DeFi%20Strategy%22](https://www.reddit.com/r/defi/search/?restrict_sr=on&t=all&sort=top&q=flair%3A%22DeFi%20Strategy%22)

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  2. As a newbie in this space, I started my journey with OUSD…which literally, I do not need to stake or lock it before making profits in this space. It was a great experience for me! I could recommend this stablecoin for any newcomer in this space, especially during this bear season.

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