I do it on binance : ETH, DOT, TRX, LUNA, BNB, ADA, SOL and many more
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Free registration at the forum removes this block.Consider big projects like Pancake swap.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.
Because the sev wanta to build a community and avoid any bots and scam. Also, having a buddy enables team rewardsive heard of this, but why do you need a buddy?
Mostly ADA and some AXS, SAND.What are your favorite projects that you stake on binance?
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.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.
What are your favorite projects that you stake on binance?Binance for the moment.
ive heard of this, but why do you need a buddy?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 hereView: https://youtu.be/TOJg308iREw
You need a buddy to get in, please, if you consider joining the project. Ask me my address.
I'm in Time Wonderland, HectorDAO, Nemesis and Emp.Money right now.
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?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?
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 tokensSomebody 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.
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