Reddit Posts
Spool Automated yield platform launching soon..
Mentions
How does SPOOL work? There will be a PEAQ airdrop for those who hold KREST in a non-custodial wallet.
There is no get rich quick scheme anywhere. Even those that got rich buy buying memes like Shiba, Doge and FLOKI had to hold for long. Personally I prefer to hold alts like RIO and SPOOL with great fundamentals instead of memes without anything to back them up
Well you can’t compare it with the likes of LBR and SPOOL that I listed above
I’m holding it for long term alongside some others like CREO, ATOR and SPOOL, so there is no reason selling when I know that they will do well in a years time
I will include PENDLE and SPOOL which are on the ARB network.
Okay, I think it’s about time I start stacking RIO, CREO, SPOOL and some other alts because it’s time for the pamp!
This is going to be an important update for SPOOL. I'll keep tabs on it! This week has brought significant updates from some tokens I'm holding. XTP is also about to be listed on Bitfinex, which I consider important news as I can trade it on one of my favorite exchanges.
They fail to realize it’s a marathon and not a sprint; lowkey I think some(if not most) of these institutional players are already priced in. Eyes on ETH and probably other alts like the institutional grade DeFi platforms e.g MKR, SPOOL, PENDLE etc. These are the potential “5x in a day” kinda investments because of their low mcaps compared to BTC
You are right and that’s why I only consider alts with fundamentals like RIO and SPOOL instead of going for memes which most times end up going to zero
Yeah, that’s why it’s dumping but it shouldn’t be for long which is why I’m DCAing now while also accumulating some quality alts like RIO and SPOOL that didn’t move much last year
Most of the coins there won’t really perform well this time around, so it’s best to go for the new ones with solid fundamentals backing it up like PENDLE and SPOOL instead of memes that are working on only hypes
MATIC must feel so helpless now being mentioned alongside total shitcoins. You could have put it alongside tokens like ARB, SPOOL, GRAIL, ROSE. All of these are under $1 too.
You are right, because an asset like MATIC already has a huge mcap even though it’s under $1. I would prefer the likes of LBR and SPOOL with low mcap and promising potential to the big mcap assets
You missed the LSDFi narrative, and I would go for SPOOL that has the best fundamentals
Nice list but RIO, PENDLE, and SPOOL should also be in everyone’s pf
I was expecting to see LSDFi narrative and projects like PENDLE and SPOOL that has great fundamentals on the narrative
We don’t necessarily need look into alts on Cryptocom, because the ones that will print millionaires like RIO and SPOOL are not yet listed on major exchanges
I have some on my radar like RIO, PENDLE, ATOR and SPOOL, but which other ones can you suggest?
You might want to reconsider and go for alt with fundamentals and pumpementals like SPOOL and PENDLE
Yeah, I have quite a good number like RIO, PENDLE and SPOOL but I still feel like I’m under exposed.
Yeah, I’m also hoping to get some wife changing money with SPOOL, PENDLE and some alts that I’m holding
I’m bullish on Liquid staking tokens especially the ones with low mcap that have enough room to grow like SPOOL
Nice analogy. By extension, the most decentralized asset on DeFi at this point would be SPOOL then because I haven’t seen any other platforms with such decentralized features(and they’re still making what’s already decentralized even more decentralized); so it should boom more than the other DeFi tokens then. Time will tell.
SPOOL has caught my attention, and I'm considering buying soon. Also, I find DUA quite undervalued at the moment, especially with its price under $1. Its utility in cross-border payments, cashback, and gas fees within the BrillionFi ecosystem adds to its appeal.
Some good alts like PENDLE and SPOOL will do for me
SPOOL is also a good project to consider. Price at $0.35 with its V2 that just went live with institutional grade DeFi features
I’ll go for SPOOL whose app has all DeFi features put together for institutional and retail use
Is there a specific date set for the V2 launch? I'm thinking about adding SPOOL to my holdings. Currently, I have DUA, NXRA, and FET in my portfolio. I'm also involved in the ongoing Brillion Open Beta Testing, where they've set aside rewards for participants.
I have high hopes and I believe it is going to soar beyond 35k. I am also not fading altcoins for anything. I just bought SPOOL and PENDLE. They are well rooted LSDFi gems.
You've got a good taste. 5x each from this portfolio is going to make your day. SPOOL was a great choice. It's V2 is launching soon good propeller.
There’s no better time to accumulate than now especially tokens in the arbitrum ecosystem following the upcoming grant and as a result I have been picking up some RDNT, SPOOL and a bag of VELA
A cool list. You should spice it up with some LSDFi like PENDLE, SPOOL, and LBR. It will be worth while.
There has been impressive growth in the industry as regards the number of compliant products, this is quite impressive in my opinion and this has turned out to be one of my Criteria for investing which led me to pick up SPOOL whose V2 is expected to be MiCa compliant when it goes live.
In my opinion, when investing what matters is actually the FDV and not the current price, there are a couple of tokens that are sub 0.15 but have absurd valuations, and it would take forever to see them pump. I would rather just invest in utility tokens SPOOL which has great tokenomics and an FDV below 60M.
It's always good to diversify across different markets. I also invest in BTC, ETH, SPOOL, SP500, TSLA and real estate. If one fails, the other would win.
>As for ARB, it possibly will give some decent returns in the upcoming bullrun. I am quite bullish on ARB as well and also a couple of tokens in the ecosystem like SPOOL, RDNT and GRAIL.
Aside from this the cheat for me is betting on narratives which i believe have the best catalyst, the ones I am betting on at the moment include Real yield, Perp DEXes and RWAs with my focus on SPOOL, VELA and RIO.
>Most Alts will not come along for the ride in 2024-2025. I completely agree with you and this is why I am quite strategic in my investment, I am currently focused on projects building infrastructure to onboard traditional institution as I believe that would be the order of the day by 2024. A few projects on my radar include SPOOL, MATIC, and TRIAS.
It’s nice to see him practicing in demo but I want mine to be real and that’s why I’m accumulating SPOOL, RIO, PENDLE and other promising alts in preparation for the bull market
Not buying his options at all, they are projects which i believe are currently overvalued and won't give impressive returns during the next bullrun. I would rather opt for lowcap tokens with good tokenomics like SPOOL, RIO and INJ.
Well that isn’t the type of ride that I would want, but I’m looking forward to the bull market with my PENDLE, RIO and SPOOL holdings
I can say the same considering I was able to get a good entry into some of the alts on my watchlist which include SPOOL, PENDLE and LDO.
You got some interesting list there, here is mine; Privacy - Railgun (RAIL): Smart contract system delivering privacy solution to Ethereum using zk-Snarks (Price - $0.295, mCap - $17M), DeFi - SpoolFi (SPOOL) Permissionless DeFi middleware (Price - $0.315, mCap - $11M). Metaverse - The Sandbox (SAND): Monetizing vowel Assets and gaming experience (Price - $0.329, mCap - $667M.
>Where do you go to find new projects? Personally, I believe the best projects and most innovative are on Ethereum so that's where I go to find new projects a few that I came across recently include UNIBOT, SPOOL and ANKR.
ETH for the win and as a result I am quite optimistic we will see a significant increase in ETH price soon and hopefully ETH LSDFi projects follow through as well as I am heavily invested in PENDLE, RDNT and SPOOL.
I like TOMO and STMX and i am considering adding it some of the lowcaps on my radar which include PENDLE, RDNT and SPOOL.
How do you guys become comfortable with meme coins? When I trade them I put so much emotion into it because of the risks involved. I prefer to play with the likes of MATIC, SPOOL, and CTSI rather than trading memes. Maybe I am not doing it right.
Exactly! We’re even around 77% up for BTC in 2023; some Alts had really good rallies in Q1 like RDNT & SPOOL that around 5-6x gains. We also had a meme season that helped lot of people out of bankruptcy obviously. We’re definitely in a better place than last year.
With institutions coming into the space tell me what is going to stop the coming bull run. There is nothing. It suffices to know the right project to buy into. I have some LSD projects like LDO, LBR, and ANKR and I think they are going to be massive. SPOOL is another one to keep an eye on.
The tokenomics is flawed and rather than buy WLD I would rather opt for other low cap assets with better tokenomics a few that come to mind include ANKR, SPOOL and LDO.
You are right, the altcoin charts show we could see be headed for a solid alt run soon, and with DeFi tokens already pumping I can boldly say a DeFi summer is on the horizon which makes me more bullish on PENDLE, SPOOL and RDNT.
So true, I felt like this in January this year when I bought SPOOL and immediately it went up, and also during the last meme cycle when I bought WOJAK and PEEPO
Meme coins are for gambling but projects with utility like RIO, ROSE, SPOOL, and many others with working products are not just for gambling but proper investment, since they will be available in the long term.
All the time. Defi tokens like $LBR, $FLASH, $SPOOL. All the good opportunities are always 100-200.
Most of the gems you mentioned are foreign to me. In a full bull market what they are building will become visible and it will speaak for them. For now, I will still keep stacking LSD projects because they seem to be the strongest narrative with PENDLE and LBR performing well in the past few months. SPOOL, ANKR, LDO are some others with high potentials in the coming bull.
Nice to know you've made profits, harvesting of investment strategy profits and cool marketplace units are some of the best ways to make gains on index funds DAO managed Treasury platforms like Astra. I'll inspect MKR and SPOOL, thanks.
I have been buying since the Bull run started. I recently bought SPOOL awaiting its V2 launch. I think it is going to be a boom.
Any coin capable of doing that or close to that should come from the trending narratives. I'm expecting some tokens like TENET, SPOOL and FOLD to go close to that since they are bringing amazing utility on top of LSDs.
Apparently if you do due diligence in your research trust me you will have an idea of projects which can pull these sorts of numbers if I were to bet then I would opt for below $10M marketcap tokens like SPOOL.
Lmao, 5x is the maximum that it can do, but the likes of PENDLE, SPOOL, AZERO, and others can still go 100X and above
This is the best reply because nothing is replacing Bitcoin as number one, but we can have quite a good number of low mcap gems like PENDLE, SPOOL, RIO, and others with working products that will do well in the bull market, but nothing like flipping BTC will happen.
This is absolutely hilarious because it's similar to how I'm always trying to catch up with SPOOL price when it's pumping. It's like a wild race where I'm sprinting to jump on the train before it zooms off!
Apparently that's where DeFi investors are putting there money as we recently saw huge profit in Lybra Finance and Pendle, optimistic this translates into other lowcaps like SPOOL and SENECA.
I couple of them have made me some bucks a few examples are MKR and SPOOL been flipping the latter for short gains ahead of its V2 launch.
Defi seems to be stealing the show. Many altcoins are doing well. I am still bullish on SPOOL, RDNT, and TENET.
In trading, you can make it big and still lose it all easily. I am more of a holder. I buy the dip and wait for the bull run. I'm waiting to see how my RDNT, SPOOL, and TENET bag performs in the bull run.
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.