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where do you stake and what coins?

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Anything considered a "hustle" and not necessarily a CENTS-based Fastlane

Vasili27

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wanted to ask here to see what sites you all use to stake and which coins are you staking. Ive been looking at LooksrareNFT, OlympusDAO and a few others. Curious to hear what you guys think.
 
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ericaung

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wanted to ask here to see what sites you all use to stake and which coins are you staking. Ive been looking at LooksrareNFT, OlympusDAO and a few others. Curious to hear what you guys think.
Consider big projects like Pancake swap.

OlympusDao and Wonderland gives you high yield. But I don't recommend. Your coin value will drop to 50% later.

Terra has great projects like UST staking 20% yield for stable coins and if you want to put lot of money, then buy insurance for them.
 

MaxT

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I do it on binance : ETH, DOT, TRX, LUNA, BNB, ADA, SOL and many more ;)
 
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Vasili27

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Consider big projects like Pancake swap.

OlympusDao and Wonderland gives you high yield. But I don't recommend. Your coin value will drop to 50% later.

Terra has great projects like UST staking 20% yield for stable coins and if you want to put lot of money, then buy insurance for them.
Have heard of all of those. voyager is also a place you stake USDC and gain 9% but that truly doesn't work unless your putting in a hefty amount.
 

MaxT

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Jezza38

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Hi guys.

Lately I've been investing in DRIP. This coin, as well as than pumping for a few months is providing a 1% daily roi which is crazy as it's providing a daily recompound to take advantage of the compound interest. It leads to crazy returns.
Check it out here. DRIP, An Introduction and here
View: https://youtu.be/TOJg308iREw

You need a buddy to get in, please, if you consider joining the project. Ask me my address.
 
Last edited:

Vasili27

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Hi guys.

Lately I've been investing in DRIP. This coin, as well as than pumping for a few months is providing a 1% daily roi which is crazy as it's providing a daily recompound to take advantage of the compound interest. It leads to crazy returns.
Check it out here. DRIP, An Introduction and here
View: https://youtu.be/TOJg308iREw

You need a buddy to get in, please, if you consider joining the project. Ask me my address.
ive heard of this, but why do you need a buddy?
 
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AceVentures

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Staking stables in large enough pools to avoid bank runs, with reasonable returns, somewhat makes sense.

Anything else - Stay the F*ck away.

You need to ask yourself: where does the "staking return" come from? You can mint or create imaginary tokens out of thin air, inflating circulating supply and tanking prices. Economic sustainability is key. After playing with all of these tokens, I'll tell you flat out 99% of them are not economically sustainable. ETH is the only thing that can support it's security budget from fee markets - and even it, will face serious challenges in maintaining economic stability as compression reduces demand for blockspace by several orders of magnitude.

Invest and stake at your own risk, and do educate yourself on economics.

I'm in Time Wonderland, HectorDAO, Nemesis and Emp.Money right now.

You mean this $TIME it's different?


1643301913622.png

Down 96%... So far. This goes down another 99% before people finally realize how imaginary money works.

Anon treasury manager got ousted today - serial fraud criminal:

View: https://twitter.com/MidasTheFool/status/1486649232744353795
 

Vasili27

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Staking stables in large enough pools to avoid bank runs, with reasonable returns, somewhat makes sense.

Anything else - Stay the f*ck away.

You need to ask yourself: where does the "staking return" come from? You can mint or create imaginary tokens out of thin air, inflating circulating supply and tanking prices. Economic sustainability is key. After playing with all of these tokens, I'll tell you flat out 99% of them are not economically sustainable. ETH is the only thing that can support it's security budget from fee markets - and even it, will face serious challenges in maintaining economic stability as compression reduces demand for blockspace by several orders of magnitude.

Invest and stake at your own risk, and do educate yourself on economics.



You mean this $TIME it's different?


View attachment 41837

Down 96%... So far. This goes down another 99% before people finally realize how imaginary money works.

Anon treasury manager got ousted today - serial fraud criminal:

View: https://twitter.com/MidasTheFool/status/1486649232744353795
interesting thought, yes you are creating new tokens which is inflationary but the tokens are not minted forever they will in time become deflationary when the coin hits its cap. what are your thoughts on liquidity pools?
 
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AceVentures

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interesting thought, yes you are creating new tokens which is inflationary but the tokens are not minted forever they will in time become deflationary when the coin hits its cap.

Somebody has to buy the minted things for price to hold. When you've got inflation rates of thousands of percent, where does that supply go? Farmers dump onto wannabe farmers until the music stops. Protocol engineers design token incentives as a way of bribing liquidity. Everybody on the in knows the thing was fabricated out of thin air - the valuation rests on a promise of future value with no real product, no cashflow and no authentic user-base.

what are your thoughts on liquidity pools?

Today's two-sided LPs come with massive impermanent loss risks. The LP mechanism is a simple equation x*y=k. Most LPs lose rather than make money. At best, LPs offer a token pair with the aim of draining the pool from the shit token to the more valuable token. /ETH pairs notoriously do this - this is what you call a rug pull.

It's hilarious and frightening that most people including "experts" and gurus in this space fundamentally don't understand basic supply & demand.
 

Vasili27

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Somebody has to buy the minted things for price to hold. When you've got inflation rates of thousands of percent, where does that supply go? Farmers dump onto wannabe farmers until the music stops. Protocol engineers design token incentives as a way of bribing liquidity. Everybody on the in knows the thing was fabricated out of thin air - the valuation rests on a promise of future value with no real product, no cashflow and no authentic user-base.



Today's two-sided LPs come with massive impermanent loss risks. The LP mechanism is a simple equation x*y=k. Most LPs lose rather than make money. At best, LPs offer a token pair with the aim of draining the pool from the shit token to the more valuable token. /ETH pairs notoriously do this - this is what you call a rug pull.

It's hilarious and frightening that most people including "experts" and gurus in this space fundamentally don't understand basic supply & demand.
Somebody has to buy the minted things for price to hold. When you've got inflation rates of thousands of percent, where does that supply go? Farmers dump onto wannabe farmers until the music stops. Protocol engineers design token incentives as a way of bribing liquidity. Everybody on the in knows the thing was fabricated out of thin air - the valuation rests on a promise of future value with no real product, no cashflow and no authentic user-base.



Today's two-sided LPs come with massive impermanent loss risks. The LP mechanism is a simple equation x*y=k. Most LPs lose rather than make money. At best, LPs offer a token pair with the aim of draining the pool from the shit token to the more valuable token. /ETH pairs notoriously do this - this is what you call a rug pull.

It's hilarious and frightening that most people including "experts" and gurus in this space fundamentally don't understand basic supply & demand.
also forget to mention that they also burn tokens
 

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