So another one of these threads! I've been googling and gathering information about this but haven't found a detailed write-up about the risk of celcius vs blockfi, especially in regards to an event where say bitcoin goes extremely fast up or down. I have however read some comments here and there on reddit and elsewhere, and the consensus seems to be leaning the tiniest bit towards Blockfi being the less riskier place to keep your funds. Primarily this is based on the fact that Celcius has very high rates, e.g. 12.5% vs 8.6% for stablecoins on Blockfi, and the fact that the Celcius token itself almost never dips or corrects. Although it is a bit of a shame that Blockfi has lower rates, people extrapolate this in the direction that they also have less riskier lending strategies, but I haven't seen any sources to back up this claim. Another aspect Blockfi has going for it is that it has credible backers in the industry and Celcius are weaker in this regard.
Anyone done extensive research on the subject? Feel free to chime in. Fwiw I think both platforms seem equally safe security-wise, but in regards to a black swan event I really cannot decide.
Also, what is your go-to strategy of gaining interest on your crypto assets? Divide it between the platforms?
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