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Spool Automated yield platform launching soon..
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Stop dreaming, the big mcap memes won’t be irrelevant and I think we won’t be seeing another PEPE anytime soon, IMO, it’s best to focus on alts right now like the ones building something good like SPOOL, RIO, PENDLE, and some others instead of wasting money on memes whose season came and gone already.
I'm building my portfolio and I try to diversify as much as possible with a little bias for DeFi because it has always prevailed in all seasons. We might have a bull market soon and I'm expecting 5x from each gem. HBAR, SPOOL, and CTSI.
I am also anticipating the SpoolFi Version 2 launch. That could be the reason for the today spike in SPOOL.
There are quite a number of them doing well tbh, one of them is SPOOL who plans to launch its V2 soon.
But I used to have so much confidence on exchange tokens and most of my bags are CRO BNB KCS UNI and then SPOOL that I recently added. For me, every token behaves the same way if they go to zero.
I agree on that, and I already am a SPOOL owner, but also, take a hit of this fair way of APY - no %, at kaddex i get a % of every trade/swap that goes on the dex. the fairest way of rewarding imo!
Also, are you staking on AAVE? I was using that initially but moved to SPOOL because I heard middlewares are less risky than just a single yield generator. And they're plugged into it in any case amongst COMP, IDLE etc. You mentioned NEAR too. OCT is a good one on their ecosystem too.
And still, somehow there are so many investors. When LUNC pumped, the entire 4chan was full of shillers and supposed investors. I moved most of my assets to stablecoins when the whole LUNA crash happened initially. USDC, BUSD. Slowly staked them on SPOOL to minimize risks. Kept only BTC and ETH, latter especially because of the merge. And then some L1s like MATIC. But LUNC? never.
Yes! Exactly this. Feds keep raising interest rates. Product demand and production costs are heating up the whole situation. Markets are down. Crypto has been a great hedging approach. Been attempting to diversify as much as possible to minimize risks. Assets like BTC, ETH, VTI. Stables like USDC and BUSD. Staking on middlewares like SPOOL. Attempting to DCA enough to see at least some profits during the next bull.
Not bad actually. I usually use platforms like SPOOL because they're plugged into AAVE, COMP, IDLE etc but they don't have BTC and ETH yet and it's most likely subject to DAO votes. Only staking USDC at the moment.
This for me. The DOGE hype got me in. Sold at a profit. Moved to BTC and ETH. A little bit of SHIB then into LUNA, almost lost everything and now I've moved into stablecoins. Staking USDC on SPOOL. Got DAI
Same. DCAing all the way. A lot of reddit advice is amateur. The biggest crypto investments are BTC and ETH. Maybe a few layer 2s like MATIC. Oracles like LINK but with a bear market I've invested mostly in stables like USDC and staked on middlewares like SPOOL. Reddit advice like LUNC, APE etc aren't for me lmao.
THIS. The markets have been terrible all year long. Announcement upon Announcement from FEDs. Had to switch most of my crypto altcoin investments to stablecoins to be least affected by volatility. It's been a struggle. The average I earn on, for example, USDC is 10% on a lower risk pool if I use middlewares like SPOOL. Pairs around the same on BBANK. But it's nowhere close to what I would have made if I had riskier investments and a decent market. Lol
Same. But saw BTC, SOL, SHIB and then WEALTH. Though, I don't think a meme would make me wealthy lmao. My September prediction should have added ETH because of the merge and stables like USDC and USDT because of inflation. Got to get that passive income on SPOOL until the market decides to stop playing "how low can you go".
Honestly still not buying it as progress. And how long would it even last? For staking there are so many other options. I prefer using DEXes like the EGLD one. Staking RIDE there. UFARM for other alts like ORE. SPOOL for lower risk stablecoin pools. And liquidity mining on POP.
Hectic. I prefer a diverse portfolio. VTI, BTC, ETH and stables like USDC and DAI staking on SPOOL for the moment. Decent APY for a fully audited platform. Might add more ETH before the official merge. But looking into just GOOG as well.
Same. I've had NEAR and OCT for months. Alongside SPOOL for staking stablecoins and QNT, these four have been my most decent bags. I'm hoping it stays that way.
That's not a very diverse portfolio . What APY are you getting on ADA? I have BTC, ETH, AVAX, OCEAN and then diversify with DeFi middlewares like SPOOL where I usually stake USDC or DAI.
Exactly, only the greedy ones get rekt right now. I only DCA into a few altcoins like SCRT, ETH, KCS, and SPOOL. I love their staking rewards as it suits my long-term investment plan. I only trade spots and I try not to have an over-diversified portfolio.
For sure. Though there's been a lot of Euro backed stablecoins too, I think USDC and USDT are safer options considering they're backed 1 to 1. I stake the former on SPOOL (plugged into AAVE, and other yield generators) alongside DAI (this one is decentralized though) but both have decent APYs. Isn't GHO new?
Definitely a good strategy. I always DCA and then diverisfy either into another asset like index stocks, including VTI or other commodities on DVDX. But most recently it's been stablecoins, USDC and DAI more specifically on yield generators like AAVE, COMP or DeFi middlewares like SPOOL. The third one helps diversify a lot more.
Let's see how competitive they are though. I've already been staking DAI on SPOOL, it's plugged into AAVE too alongside COMP, Idle and Harvest. I wonder how the returns on this would be as compared to DAI.
LOL. Fed raised 75 bps too., TSLA sold so much of their BTC. We've been hovering between 20-23k for a very long time. There is no bull at the moment. Trading is risky because of volatility. HODLing BTC and ETH. No lump sums in, DCAing into AVAX, EGLD, LINK, OCEAN. But for the most part I'm hiding under my stablecoins. Staking on platforms like SPOOL. Controversial with the whole LUNA story but I do think USDC is a fair option, considering it's fully backed and a middleware like Spool Fi is audited.
Agreed. There's still more to come. A lot of people the bottom for BTC was at 17k but with it still hovering around 20-22k I don't see an improvement. Haven't been trading because of how volatile the market is but I have been Hodling BTC, ETH, AVAX, OCEAN and hiding under my stablecoins like USDC, USDT and DAI by staking them on DeFi middlewares like SPOOL. We have to wait this out.
Truly. I was shocked to see TSLA sell off so much of their BTC. DOGE is a meme! What does he want out of it? However, I am concerned about how this will affect BTC temporarily. I'm hiding under my stablecoins. Staking USDC and DAI on SPOOL. HODLing AVAX, OCEAN, HBAR. My biggest bag is BTC, followed by ETH but all of these other alts are affected by the BTC dominance too. Hope we wont see more reds.
LMAO I'm only invested in VTI but this was hilarious. I'm thinking of diversifying into the derivative market. Maybe with something like DVDX. Already diversifying with Automated yield aggregators like SPOOL and I'm thinking of other commodities too.
Same. DCAing into ETH, OCEAN, AVAX. Staking on BBANK and UFARM. Stablecoins on SPOOL. But mostly just USDC (APY around 10% for a lower risk spool), only lump sum I put in was when BTC went to 18k.
Good picks. Especially ETH, OCEAN (great web 3 project), MATIC (very good layer 2), ATOM. Also, DAOs like SPOOL especially for staking stablecoins, DEXes like JOE, POP for MLPs.
On USDC too? I'm getting 10% on a low risk genesis spool on SPOOL's platform. But they're plugged into AAVE, harvest, COMP etc.
I think instead of steering away from them, they should start implementing feedback from actual gamers. Make it more fun to play while maintaining the competitiveness of other top class games. Poker definitely is a good one, I think projects like SPOOL have poker tournaments, one is upcoming. Also, MUST is a good one. Their Cometh battle is competitive and a lot more fun compared to P2Es like AXS.
ADA and MATIC too. Also, SPOOL but mostly because of the stablecoin staking. I think also EGLD, and RIDE on their ecosystem. I still don't have a bag of LRC, would you recommend?
Ah. I haven't been using AAVE for a very long time. I moved to Curve and Maker, but finally opted for a yield aggregator as compared to a yield generator. Ones like SPOOL have multiple options, I choose the lower risk ones and only ever stake USDC. Never BUSD or any other stablecoins. At least it didn't cost you 400-600 dollars like it would have. Damn
That's like putting money into a TradFi account, earning interest and believing the money isn't yours. When you stake, or you use yield generators like AAVE or aggregators like the one I mentioned above, SPOOL, you earn interest on an asset that's ultimately yours. You're just making it work for you.
This. Keep HODLING and hide under fully backed stablecoins like USDC. Stake them in the meantime. Plenty of yield generators like AAVE, CURVE, COMP, Harvest etc or yield aggregators plugged into these like SPOOL. Choose a low risk pool. HODL your alts and BTC and just wait.
What's the 59 job openings? So as a LINK employee, you'd never be able to have access to the actual token? What about individuals that already hold LINK? Also, ETH has many web 3 developers working under them and aside from just the developers, so many projects have Core Contributors. For example, SPOOL has a contributor that mined his first BTC back in 2012.
Yes. I believe so too. BTC does not seem to be recovering with enough speed at the moment to see a bull market within this year. Maybe 2023, but probably not. The best thing to do now is to utilize your stablecoins to their best ability. Stake them on automated yield aggregators like SPOOL, use platforms like BBANK. Stick to ones that you think are more legitimate. USDC is a good choice. Liquidity mining on platforms like POP is a good way to go. Staking on UFARM. DAOs like AAVE. While we HODL it's important to earn passive income at least until the next halving.
When it comes to yield aggregators CURVE, SPOOL, and AAVE are good options but pretty much together as you said, I like ARC they offer some of the best APYs on the market. NEAR is easy to understand and work with if you starting as a developer, I have always stayed away from JavaScript tho but it is a good place to start.
As for being an investor, I'd suggest a diverse portfolio. Look into passive income options. BTC and ETH should make up the majority of your portfolio. Other Alts take up 50% together. Yield aggregators are your best friend, be that CURVE, SPOOL or AAVE. Though the middle one is basically plugged into the other two in any case. DAOs are very beneficial if you want to have your own identity. Oracles like LINK may do you some good. UFARM and BBANK have decent staking APYs. When it comes to being a developer, I'd look into free learning sources with NEAR or OCT. JavaScript is a good skill to learn. Try to understand what smart contracts are.
USDC is definitely on the top. Most of the stablecoin/alt staking pairs are also with USDC. I think I saw a few on BBANK. Also, you'll find it on almost every DAO. AAVE, COMP etc. Yield aggregators like SPOOL have DAI as well, I'd put that after USDC under the least shadiest.
Remember when Olympus DAO was mentioned everywhere over here? LOL. Honestly expected that DAOs would be beneficial. Allowing a sense of ownership, control over your own identity and data information etc. I actually read an article last month about Olympus DAO being worth nothing in the near future and another one in March about how they can't sustain their growth. On the other hand, AAVE came in the top DAOs for 2022 with COMP and LBLOCK. DAOs like SPOOL are plugged into the former two as well. Unfortunately, most people are victim to scams like Olympus rather than doing ample research into other options, despite there being many
Aggreg8 is a smart name, to be honest. Sounds a lot like CURVE and SPOOL, the latter is the one I currently use for diversification and risk minimizing.
ETH EWT LINK DOT GRT SPOOL and the one i'm waiting is KDX since I got it on public sale and dex launch ahead of us
these are good picks for the season. I bag blue chips like Eth and Sol every two weeks. Bought SPOOL as well and staked it on the platform for over 50% APY. With defi you can earn passively on your assets, pretty awesome.
What you're buying in this dip will determine the magnitude of your reward in the coming alt season. I'm topping up my DIA, DOT AVAX and SPOOL. I'm doing what seem right by myself.
Yield is one major source of generating passive income and has been tested and proven over time, though one major challenge involved in yield is the high risk. The likes of COSMOS, AAVE has been doing well in that regard but the most recent SPOOL stands out for me because it's minimized risk because it involves the automatic channeling of funds across multiple yield aggregators.
SPOOL is way above the price peg but I think the project is way too undervalued at its present price and still has good growth potential because the project is aimed to revolutionalize DeFi and yield farming.
I think the best plan is to just stake them to avoid panic selling. Staking kind of forces your hands away even when flimsy reasons to sell crowds your head or after a small pump. I'm still regretting in a big way for selling my SPOOL DAO after participating in its LBP last year. Now, the token stakers are enjoying the moment of their lives after the project released its product this past week. If I had staked then, I probably will be up by about 100x. Instead, I made the dumb step to sell after a 15% rise.
I'm accumulating more low capped alts. They have more growth potential when compared to large caps. I've been looking closely at DKT, and with their Gamerse partnership and Mexc, I've decided to buy a bag because these activities would have a positive impact on the project. RFOX, too, is at a good entry point. It's got good fundamentals and is solid, and with the increasing attention the gaming space is getting, I'm positive it would do well. SYLO, SPOOL, CVP are also good ones.
SPOOL DAO token is up 75% just today. BTC is doing great but it seems certain low caps are doing better in this recent pump. I hope the pump ain't premature though. Check out the trending coins on coingecko and you'll find something interesting there
SPOOL DAO is up 75% today the last time I checked. Been trending on coingecko since the beginning of the day. Product (Alpha) launch is announced to take place tomorrow. Probably nothing
For sure, I will do that! There is a lot of room to grow, buddy. Having said that , there are many new projects apart from earlier what I said. Projects like utrust offer payment gateways for merchants and users to accept and give payments in crypto. This way, the adoption in crypto gets too deep. I myself have used crypto to pay my television bills through utrust. You can take a look at that as well, mate. Cheers, and thanks for the info you shared regarding SPOOL.😁🤞
Meme coins are great of you can time the pump and the dump,.but I suck at such things lol. Instead of memes I'd rather invest in solid low caps with good fundamentals like RFOX, SYLO, SPOOL, UDO. What's POLS though.
OIN is a stable coin issuance platform that aims to give all crypto projects defi functionalities. DIA on the other hand is an open-source oracle platform for the growing defi economy. It feed validated data to smart contracts and financial platforms. SPOOL is a defi middleware that allows users create customized and diversified yield farming portfolios. Programs can be created according to risk appetite.
If I had that amount, I'd split 50% across BTC and ETH, 10% into JUNO so that I can stake for passive income, 5% into DOT, 15% into low cap gems like SPOOL, OIN, DIA to fetch me dividend in a few years, 20% in stables so I can ape into new projects with solid potentials.
The risk involved with high apys like this is what makes me stay away from platforms like this but notwithstanding I will try and check it out. Feel free to check out [SPOOL](https://www.spool.fi) for minimized risk and optimum yield.
With the current market situation, one of the best possibilities, as you mentioned, is accumulation, which is why I'm focusing on low-cap gems with good utility, such as ADA, SPOOL, and ATOM. We don't know exactly what will happen in the coming days, so we're crossing our fingers.
You're right man, 2, 3, 4x doesn't seem ideal to an average investor these days. Come to think of it, 2x can be make on 5 different projects which will literally amount to a huge gain when compounded over time, but I feel people don't have the time and patience that these fundamental projects needs. These days I'm more interested in low caps built on solid fundamentals. Come to talk of the likes of SPOOL, DIA, XPR, OIN. I also be compounding gains from trading sometimes. As it is being said "slow and steady wins the race. I'm in no rush.
Personally, I go with projects that have fundamentals and good utility, which is why I go for the likes of COSMOS, COMPOUND, and SPOOL. Do well to check them out.
No truer words for anyone willing to make it in DefI. Though people will make money from already established or existing projects, anyone who truly wants to make it will have to focus more on startups with low market cap, and with the revolution, I'm envisaging in DeFi and yield, I have some of these on my list, including SPOOL, COSMOS, JUNO, and several others, that I think everyone should keep an eye on.
Really? I beg to disagree I have seen a couple of projects with amazing UI's, one of which SPOOL you can take a look at the sneak peek they provided on their Twitter handle. I think ALBT just like I said earlier can't be left out, I should probably try and share a picture and show you what I mean.
But let's be sincere here, btc is very much possible to do beyond a 3x from here, but if this happens, what do you think will happen to other projects with massive potentials like CRO, XPRESS & SPOOL? That means this once will do a 100x as per their current market cap. being very low.
I have ATOM on my list and I will definitely add more with the new gem called SPOOL to the bag because that project is undervalued for its fundamentals.
Well, I already own those you mentioned above. I think right now if one wants to play it safer, it is smart to stick to the blue chips. I hold a few low caps like SPOOL, DIA, OCEAN. It is definitely a bad time to trade them because it will be for lower value, so I'll ride with them as time in the market beats timing the market. I'm eyeing more AVAX and MATIC.
DeFi projects like COSMOS, NEAR, and SPOOL are on my top list of projects to go for at the moment because I see these ones have prospects due to their fundamentals and use cases, since the direction of BTC can't be determined for the now. Hopefully, the market turn in our favor soon.
Total migration may not provide a complete solution to the problem, but I believe that going multichain will, to some extent, depend on what an individual wants to achieve, which is why I am more interested in multichain DeFi projects such as COSMOS, NEAR, SKYLAUNCH, and others. SPOOL, a decentralized middleware that offers to automatically route deposits into a variety of various yield generators in a yield-optimized and risk-managed manner, will go multichain in the future, and perhaps this revolution will bring about the rapid adoption of DeFi.
I've been accumulating ATOM, OCEAN, and JUNO for a long now, and I recently added SPOOL to them because of the project's fundamentals and the revolution it's bringing to DeFi and yield, which is why I'm quite positive about the future at the moment and eager to see what it holds. You should have a peek at it.