On BINANCE you can stake your etherium and earn 5% apy. This should not be news at this point. Recently however binance intreduced the DODO launchpool where you can stake your BETH. This made the BETH/ETH price go up by quite a bit, at some points even crossing a 1:1 rate (quite silly, since binance offers a 1 to 1 conversion.) This is very likely to only be temporary. Based on how the price has moved before the launch pool I think it is safe to say that it will go down to .97 again.
So in case anyone has BETH right now, trade it for etherium, and once the price goes back to the reasonable price of .97 just trade it back. I think anything above 0.993 is a good trade. And for every 0.01 price movement you get a 1% gain.
If you like the idea, do this as soon as you can, I foresee the price dropping quite soon, with the DODO launchpool apy getting lower and lower.
Good luck, and don't forget to not invest money you can not afford to lose!
