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r/CryptoCurrencySee Comment

TopShelf finance is an expanded fork of LIQUIDITY. It offers the ability to mint synthetic coins. On the Fantom chain you can mint either USDL (USD pegged stablecoin) or FTML (FTM pegged “stablecoin”). I assume FTML is similiar to TOMB. You can currently stake FTM/FTML on curve finance and earn 100% APR paid in CRV. I’m using beefy finance as an auto compounded to convert CRV to more FTM/FTML. I would remain skeptical on high APR’s but the fact that it’s a curve pool and paid in CRV, not some crappy farm token gives it much more credibility. That and the fact that FTML is over collateralised with mechanisms in play to incentivise arbitrages to keep the peg makes me think it’s one of the safer plays

r/CryptoCurrencySee Comment

Hello everybody! I hold some FTM (less than 10% of my crypto portfolio) on Binance. What is the most safe and profitable platform to stake them? Should I proceed with 50% on FTM Wallet and 50% on Beefy Finance (FTML/FTM vault for 165% APY) a good allocation?

Mentions:#FTM#FTML
r/CryptoCurrencySee Comment

I recommend checking out the beefy finance FTM/FTML pool. Currently paying 100%+ APR, it’s a curve pool too so the rewards are from CRV. While we chill at these level I’m making multiple FTM per day just from LPing.

Mentions:#FTM#FTML#CRV