Go to
Terra Station and create a terra station wallet. Its gonna give you some phrases and to create a password from what I remember. Copy that phrase down and save it cuz it'll ask you for it after. From there you can access anchor protocol
Anchor 19.41% currently but stays around that rate. On anchor protocol you'll see your wallet on top right corner. Click it and there's something called Terra Bridge. If you have metamask there's a bridge from eth and from bsc. You can also send some from kucoin but not from coinbase cuz thats a different version. You would send the UST over to that terra wallet and then back on the main anchor screen hit deposit to add in for that 19%. Thats where I keep most of my stable money, like a savings account.
Now that you have that setup you can stay that way or take some risk. Depends on how much you got and your risk tolerance. You go to
Keplr - Wallet for the Interchain and create a keplr wallet. Just like a terra one. Even better if you have a ledger or other device but thats not important. They have a chrome extension and a website. On the extension look for the drop down that says terra and copy that over then go back to anchor protocol and under terra bridge is the send option to send some UST over. So you have UST on keplr now. Then you go to
Osmosis - The Cosmos Interchain AMM. Go to assets and where it says terra you will click deposit. It'll have your keplr wallet address already on there but if not then you know where to find it. Now I don't know if it works straight like that with UST fees or not. But if not then here's the fix. Go to coinbase and if you have atom, send it to the keplr address under cosmos. Then back to osmosis site and deposit atom. The gas fees should be in atom. From there you can convert some to osmosis token and luna token under trade. Think those are the two needed to pay gas for moving UST, tho should be only one. Check and see what it tells you before moving any since mine is empty now. You might have to move luna to keplr to be able to send the ust over but gas is made cheap thru all of them. So when you finally have the UST on osmosis, go to trade again and convert half to osmosis. Then click on pools and pool 560 is ust/osmo with a 1, 7, and 14 day bonding period. 14 has the highest apr. Add liquidity at the top and then start earning when it shows available lp tokens. APR is currently 129%. Pool 1 has something called Superfluid staking which is an extra feature but the apr is smaller and that one is osmo/atom so there's no stable side like the ust pool. 560 is safer and I think the highest apr one they have.
According to my cosmostation app, they have an android one, prolly ios too. Can link your keplr wallet. I have $5360 on there and earn 2 osmo coins a day. At a 365 day rate thats 730 coins. A little under 7k at current price but its gone up over time and I'm sure will continue. So you start earning rewards, then you take those osmosis and when you hit like 20 you stake them thru keplr wallet. Then you start converting some to atom and juno and get eligible for future air drops. I think 20 of each is the recommended amount acroos the board. of course the staking returns depends on amount of coins but for air drops I know some coins say a minimum of like 10 or 20 to be eligible. Osmo and Juno were air drops themselves for atom stakers. Staking on keplr is better than a centralized exchange like CB cuz you have air drops which CB doesn't do. So lets say you have 20 of each. Juno has highest apr then osmo then atom. Cosmostation is the validator I use. 1 for Osmo, 2 for Juno, and 13 for Atom. People recommend going for one lower on the list, plus multiple ones to promote decentralization and I do use others for other coins. But they do have a 100% uptime which is important and means they have no errors or issues. Plus with at least 1000 coins in each stack, I'd rather go with the safe route then risk any foolishness. So you then can start compounding the rewards and adding them back into staking. Just start building from there. Plus any future air drops you get can be converted to those 3 coins or staked themselves to see what they do. Juno prolly be the fastest growing even tho its the lowest in market cap.
Here are stats on it. Site has for other coins as well if you search.
Grafana
Compounding like that over a year will give you a nice return. Its been paying me each week even with market going down. I don't feel it cuz I pull out some rewards plus compound some, so its like I'm getting a paycheck each week. Safe bet will give you 19% but the risk may give you much more.
