> This is a FUD post. How can I tell? Because OP said that the 20k YLD was also taken. This is impossible because you stake and lock 20K YLD to become diamond tier That’s wrong, you don’t need to lock your YLD to be diamond tier. Source: I’m diamond tier and didn’t lock my 20k YLD.
This is a bullshit post. I use Yield App. I have deposited and withdrawn over 150k in USDT / USDC with zero issues. This is a FUD post. How can I tell? Because OP said that the 20k YLD was also taken. This is impossible because you stake and lock 20K YLD to become diamond tier and receive much higher interest on your deposit. Some people just can't take it that Yield App is the best staking platform out there.
-Zoom out and see the bigger picture. -DCA gradually into your favorite coins and try to reduce average buy price of prices drop further. Only invest in fundamentally solid coins with relevant use cases. Explore staking options; you can earn about 20% staking NGM, about 15% staking BRKL, 7% on ZIL, 10% on YLD, etc.
Polygon $MATIC ecosystem is actually very impressive. For me, I enjoy staking DeFi on them. Projects suddenly sound more authentic when integrated to Polygon network. For example, I was very early in DAFI and YLD. I was even an earlier adopter of DAFI in the staking V1 stage, I was convinced to stake more when DAFI got into Polygon ecosystem.
Don't get shaken out! YieldFarming & Staking is saving the day in the most turbulent crypto market of today. Since the bear market is necessary in the crypto cycle, devising means to earn passively becomes imperative. There are several platforms offering a lot of opportunities but there are some shady platforms as well over promising and under delivering. My top rated projects are YLD and DAFI Protocol. I am deeply into the latter now because of the V2 staking 2.0.
I’ve come to realize a while ago that Nexo is good for Stablecoins, although people might consider the 12% APY very low, but it’s safe and consistent, Yield app is also another app like that with a slightly higher APY, depending on the number of YLD you hold. Using Kalmar to farm BUSD as a single asset sure does have it pecks too, with about 20%-50% APY and Kalmar also provides leverage, basically earning passive income on Stablecoins in this market is the right place to be .
I don't have a massive YLD bag, so I stake and sell/convert to ALGO, it helps to soften the blow a tiny bit. I have converted to STK, NURD as well to help soften the blow, but it is also pretty shit. Not that I believe in any of those tokens, it is just that I think it will be the fastest way to get my ALGOs back. I know how much I spent in USD and this is how much I am aiming to get back, it is just a pain to sell, stake, move tokens around almost every days just to try and break even, (because of liquidity I have to do it that way). But, I guess that's the game we play :) Sometimes you win, sometimes you loose.
Well said, the you get generation are more aware of crypto/ blockchain and their numerous benefits. Crypto is one of the few legitimate means through which teenagers become millionaires. On a general note, it is really hard to keep up with crypto projects because they are many of them out there. Thats why I appreciate every opportunity like this to see real people drop their playbook and not some influencer trying to make some gains and dump it on us all. For me, I’m big on DeFi; yield farming and staking. DAFI Protocol, APYFinance and YieldApp are top platforms for me. I am confident of YLD’s liquidity pool and DAFI’s APY is a textbook example of “offer you can’t refuse”
The average person in Crypto must have learnt that there are countless opportunities in crypto. If you miss one, just in time, there is always another. DeFi projects also give multiple chances. For instance, platforms like DAFI Protocol and YLD. For those who missed the early days of DAFI v1 staking, there is another chance of super staking in DAFI.
$10k Is an easy amount to lose in crypto. A couple of failed attempts to stake or bag the right project, the easier. But, to grow $10k in low risk, DeFi staking is one of the feasible options. Platforms like DAFI Protocol , GreenHouse and YLD wont make your $10k into $100k in a day. However, in consistent APY earning staking DAFI through super staking, it is easier to get to $100k than most people think. GreenHouse also offers good APYs on several farming pairs, Including stablecoins.
Passive income is gradually becoming more attractive. For a low risk and decent - reward platform, its worth all the hype. There is a couple of reliable platforms out there with solid fundamentals and sustainable APY. Platforms like DAFI Protocol, APYFinance and YieldApp are top. YLD’s liquidity instills confidence in DeFi while DAFI Protocol offers as much as 85.93% APY and 454.44% potential APY on polygon super-pool. For stables, GreenHouse features UST - staking/ farming.
Before DeFi and yield staking, many didn’t realize how rigged the banking system was against the average customer. They give out your savings in loans and give you a peanut upon lending at high interests rate. It became clearer as I started staking in DeFi protocols like Dinoswap, DAFI Protocol and YieldApp . It was almost like a rip off because YLD gives quality APY upon staking while DAFI offers as high as 85.93% APY and 454.44% potential APY. Tell me what bank offers this, I will wait.
The message of this piece is clear, DeFi and yield staking might not be the platform to look 100x, but if you are looking to earn APY through passive income, then lets kick the ball rolling. With platforms like DAFI Protocol and YLD, earning passively becomes even more attractive than it is. DAFI offers quality APY through staking 2.0. YLD also makes passive earners even richer.
Not really big on DeFi, especially lending/borrowing platforms AAVE & RAMP. Also bullish on yield farming and staking in general. Platforms like BRKL, DAFI Protocol and YLD have a sentimental appeal to me. YLD has proven consistent with APY, same as BRKL. For Dafi Protocol,It’s the v2 Super staking. As an early adopter of V1, here for Staking 2.0 as well.
People who are in crypto but not using DeFi really missing much, IMO. I know that it's not the safest place on Earth but still, there are quite good solutions that you can utilize. Passive income is a big part of my strategy and right now I am relying on multiple platforms in order to do that. Still have my FWT and YLD tokens that help me to increase APY on their native platforms. I am lending my BUSD on Kalmar and I do have a small portion of USDC on Celsius. It won't last forever since there are almost no platforms that managed to sustain the original yields that they offered in the beginning.
The entire crypto market is gradually recovering but DeFi has held it down through the tough times . Even now, DeFi staking is still a viable earning strategy as the APYs remain sustainable. The likes of Brokoli Network, DAFI Protocol and RAMP are top for staking. DAFI’s super staking for instance offers great APY just as YLD and others. This is why DeFi is still a viable earning strategy.
Monetization is the core of blockchain technology. NFT revealed how much we could monetise digital assets and DeFi redefined the reward system of banker-customer relationship. Monetisation is one of my major reasons I am into DeFi and staking in platforms like DAFI Protocol and YLD is the proof of that. With V2 super staking, DAFI offers handsome APY. Others like APYFinance & SNX have a reward systems which traditional banks can’t offer.
DOT when it comes to big ones, I can see it at 3 digits soon, especially with all the things that have been going on lately. When it comes to midcaps, EWT would be my suggestion. I think it's worth investing in lowcaps as well and my suggestion would be YLD, not just because of the pumping potential but because you can make a decent passive income there on major assets like BTC, ETH, stablecoins...
Passive income is a benefit of DeFi, certainly something that CeFi hasn’t been able to give as largely in decades. But now the options are so much with DeFi, I use to keep it simple with Yield App, where I’m able to earn top market yield for holding the YLD token. Been looking into Yield farming with leverage recently so I can increase my position and yield, Kalmar is a great platform that offers a loan of up to 6.5x the deposit, the platform also offers other investment opportunities in NFTs and Gamifi.
2022 might just usher in a full-blown DeFi season. The dip in the general market has made some fixed APYs attractive. Take a look at DAFI and YLD. The issue with DAFI used to be gas fee but the integration with BSC network, its back to number one with 61% APY and potential 615% APY. YLD is fast growing, surviving the dip and showing strong support.
Closer to the “Viva la revolucion” because who doesn’t want to go El Salvador where BTC is legal tender. DeFi staking makes more sense now due to the terrible market trends. Top projects for me had to be DAFI and YLD. I got in very early into DAFI since V1 staking and now to V2. DAFI also have several integrations with GameFi and other crypto ecosystems. YLD on the other hand is an high performer.
There is a lot of buyzones now in the crypto market and that includes $ETH and $BNB. But, DeFi seems to be a logical investment opportunity right now due to their attractive APY. DAFI and YLD have ticked several of these boxes. Platform like DAFI offers attractive APY and low gas fee due to BSC network integration. YLD has an impressive liquidity pool also.
The bunch of DYOR is checking whitepaper, team, community, tokenomics and APY and liquidity pool in case of DeFi projects. This should be adequate to spot a solid project. I am more into DeFi so I consider APY and integrity of team amongst other points listed earlier. DAFI APY is satisfactory from V1 to V2 staking. YLD also has a vibrant community which is also very important when staking.
It felt like I discovered a new world when I started staking and earning a passive income, DeFi really has helped a lot of people in bad markets, myself included. I started out small and easy on Yield app, which is a nice and easy centralized app that offers DeFi rewards, with nice APY, as long as I was holding enough YLD to put me on the top level of earning, I’ve since then gotten on other similar platforms like Nexo, Celsius and Swissberg. It’s more bracing to stake with leverage as the rewards are much more higher and beneficial, but not without risk, I’m still finding a way to effectively do that on Kalmar, but all said, I’m really very excited about DeFi and what it offers, and I hope to keep finding more ways it’ll help me gain financial freedom.
You don't necessarily need to invest in big projects if you feel like they don't have much space to grow. I am sure that some mainstream ones like ETH, BTC, DOT... have a lot of room to grow but I also like investing in some new stuff or projects with lower MCap. I've been bagging YLD and KALM lately because they are the main source of my passive income in addition to Celsius and Freeway (that I don't utilize much lately). When it comes to the projects that are not yet listed, UNQ is my no.1 priority. They are conducting the crowdloan on March 14th and I already prepared my DOT tokens to participate. It's the last chance to get some before the official TGE and listing. There are things to do, we just need to do a lot of research. As a matter of fact I keep seeing BitDAO a lot lately.
So many good opportunities out there. I am gonna get more DOT because the auctions are approaching and I want to participate in UNQ crowdloan. Got more YLD recently as well because it's my main source of passive income lately and the more tokens you HODL the higher the APYs that you can make. I am also doing some BUSD lending on Kalmar and I wanna get some more before they go to $2. I would love to get some BNB soon before the next cycle start.
This sheet is really great! I'm saving it for further investigation. Since my main position is USDC, I've got straight to the line 180 (USDC), Tab "Interest Rate". I'm seeing that a few platforms can go between 12% - 13% for USDC like Hodlnaut, Crypto and Vauld. I don't recall Crypto, but Nexo has a huge amount of AUM and Hodlnaut had something around $600M last time I've checked. I believe Yield App ($500M AUM) should be added to the list. I'm depositing my USDC there and right now is 14% (11% base + 3% YLD) + 12% on all locked YLD. I have EURx in Nexo, but not USDC.
Regarding major ones ETH, DOT and BTC are a must in 2022. I think that we are going to have a good year despite the bad beginning. I wouldn't rule out MATIC as well but there are also some with smaller MCap that can be quite productive this year. I know that I won't be giving up on YLD and staking on their app just like I know that I'm gonna HODL my UNQ tokens as soon as I get them after the TGE in Q2. Do you think that there will be some major changes in the top 10 by the EOY?
DeFi has created a whole new opportunity which has a wide potential of achieving massive adoption for crypto in general. The traditional banking system seems to be having a trouble matching the offers of Decentralized Finance. Projects like DAFI and YLD for instance. DAFI’s BSC network integration is very promising with 61.57% APY and potential 615% APY. The reward system of DeFi along with decentralization is enough selling point for traditional banking system to compete with.
Investment options like DeFi staking & YieldFarming make it seem too good to be true. I think DeFi will take over sooner than we envisage. It will be so for a lot of reasons, but my best bet is the APY. DeFi offers a passive income pathway that the traditional finance system cannot. I have my bags deep in staking DeFi projects like DAFI and YLD. I earn about 70%% staking on DAFI v2 super staking. Tell me what a traditional bank can offer something close.
I think DeFi is radically different because of its liquidity pool which creates some sort of stability for their product. DeFi projects like DAFI and YLD are textbook examples. They are also offer great APY which is often a motivation for many like myself. DAFI on BSC offers 61.57% and a potential 615% APY
Never be greedy but buy when everybody's panicking, I agree with that. I already spent some money on KALM and YLD mainly because I don't expect them to drop like some major ones because of the simple fact. A lot of circulating tokens are staked or locked on their platforms and there are not many people selling because if they HODL they can make some passive income at least. DOT is still under $20 and that is enough for me to go in and get more. I am planning to use it to participate in the UNQ crowdloan, they said that they are going for the next batch which will happen in March. There are always things to do, even if the market is bleeding. And everything is better than the panic.
I already got some more DOT under $20. It just makes sense to me because the whole ecosystem is growing. I am planning to use some DOT to participate in the UNQ crowdloan that will probably happen in March. I also bought some YLD, because I wanna reach the highest tiers so that I can go for the maximum APY on staking there. It won't dip much because 3/4 of the circulating supply is already staked or locked on the platform according to their stats. I decided to get more KALM as well, they announced that they will probably go multichain. They are on BSC now but it looks like there will be Avax and Fantom integration soon. It looks logical to get some now while everything dips.
Yield farming is one of the most amazing things to happen in the Crypto space. Its sad that I didn’t get in earlier. I think I am still early into DeFi-staking nonetheless. My favourite projects are DAFI, YLD and YFI. I am very excited about DAFI on BSC network. Thats some cool 61.57% APY potential APY. Staking on MATIC & BSC also translates to low gas fee.
Looks like they are compensating the changes with more stablecoins, which is not even bad considering that it’s just a 1% mark down and x2% on mark up. Also people get paid more in V2 if they decide to cash out all in YLD– make sure to mention this
Regarding major ones, I think that BTC, ETH, DOT and MATIC are a must. When it comes to some midcaps, I'd say that my go-to coins are OCEAN and EWT. You should not exclude lowcap projects from your portfolio because there are some projects with great fundamentals and with nice communities. If you care about the future of NFTs, then you should take a look at UNQ and QTZ for example. Both are created by Unique Network, the first NFT chain on Polkadot. I also have some passive income generators like YLD and KALM. Staking on YLD and doing some lending on KALM. If you spread your stuff around smart, you can increase the chances for more gains.
Not only crypto follows cycles, but the whole economy. As you said, to accumulate during periods of fear is the way to go just like that phrase: "Buy when there's blood in the streets, even if the blood is your own". My strategy is based upon TAA and one of my portfolios is only for protection. This refers to alts like YLD, NEXO and CHSB that can give me passive rewards on my positions that are used to rebalance my main altcoin portfolio. Positions like ETH/BTC are in YLD, EURx in NEXO and EURT in SwBorg. I'm earning enough passive rewards to DCA projects that are a huge bargain now like AAVE and DOT.
One of the ways to make crypto gain massive adoption is staking. Not everyone wants to do crypto trading full time, but a decent passive income is attractive always. Thats where DeFi comes in. Projects like DAFI, YLD and YFI are top of this list. The 220% APY super staking is great, but DAFI gets better with the Bnb Smart Chain superstaking which is now live.
I'm currently down, but I see no problem with this. I use TAA (Tactical Asset Allocation), so I hodl some altcoins for protection (YLD and NEXO mainly) to get passive rewards and reinvest them into my crypto portfolio. I've been investing mainly on DeFi (AAVE, AVAX), NFT (QTZ, ELEN), Infrastructure (DOT and FTM) and Web3 (HNT, AR) these days. DOT had a -80% for the LTM (Last Twelve Months), but I still believe the project and the power of Substrate. I've got QTZ (Unique Network's canary network) on the launch (8th of this month), but the price is going down also. Since YLD is generating good rewards from my USDC position and NEXO is doind the same for my EURx position, I'm using them to DCA, mainly for DOT, QTZ and HNT.
TBH the only thing I'd have more is DOT. I am feeling positive about it and I think that the whole ecosystem will expand drastically in the months to come. For me, it's a 3-digit potential. I even plan to use DOT to participate in the Unique Network crowdloan, they said it will be early Q2. I'd maybe choose YieldApp over CRO, nevermind the populartiy. If you take a closer look at the YLD stats you will see the constant organic growth. Not to mention that APYs on CRO can't compare to those on YieldApp. Meme coins are not my cup of tea as well, but there are some legit lowcaps that you shouldn't avoid just because of the MCap. Take a look at KALM, for example. They are doing really great stuff lately and they are involved in both DeFi and NFTs.
I hardly follow what the likes of Jim Cramer do now. It will slightly affect the market but not for so long. I am big on DeFi staking now and it's due to the awesome APY it offers. I have my bags in DAFI, YLD, and YFI. The 220% APY of DAFI is what I call awesome. I predict a surge in price soon considering DAFI has announced over 30 partnerships and integration with other ecosystems from crypto to the blockchain, to DeFi, to GameFi, etc.
Staking screams DeFi to me. More than any other bright side to DeFi, the high APY it offers is quite refreshing also. To consider staking for several years, I would have my bags staked in DAFI and YLD. The 220% APY of DAFI super staking for some years will leave you in a huge return. Way more than any traditional bank can offer in any fixed deposits scheme known to humans. That's the financial liberation DeFi brings.
Last year was my year of great APY. It was also the year I discovered DeFi and all the great things it has to offer. Projects like DAFI, YFI and YLD were simply it last year. We go bigger this year. I am more about the 220% APY of staking 2.0. The over 30 integrations and partnerships with other ecosystems should be reflecting in token price real soon too. I might just double my bagged staked in DAFI soon.
I believe that DOT will be huge in the next 5-10 years. The future will be multichain and who's better than Polkadot when it comes to interoperability? Ethereum has a lot to do in the future but I believe they will be more than good. I also believe that some of the upcoming Polkadot projects are going to be massive, like Moonbeam, Acala, Unique Network... YLD is worth investing in if you take a look at their numbers and stats. In the last year, they are constantly growing and I think it's just a matter of time before the price will reflect that. It's my favorite platform when it comes to staking. My latest investment was KALM and I was trying to avoid talking about that one before I check their product since they are a kind of DeFi banking platform. I think I'm going to HODL that one for a longer period of time, for sure.
To really "make it" for me depends on passive earnings. I need to generate something close to my sallary on Defi on a monthly basis. There is already a good money coming from stocks (dividends) already. So when I've got the huge profits from BTC, ETH, AR and SAND a while back, I just rebalanced my portfolio buying more HODLO, YLD and NEXO and increase my passive earnings. Actually I have about 40% of my actual paycheck coming from DeFi + stocks.
It's always OK if it fits your goals. I have friends hodling only ETH and others are all in for DOT. I also have a friend that hodls on SHIB (what can we say, right?). My cousin has only ETH and YLD and a pretty simple strategy: reinvest all passive gains from YLD's plataform into ETH. He came from stock market and it was used to do things like this with stocks. At the end we all want to make money.
Each asset will behave differently, bro. I didn't notice this "recovery" yet. From the 10th of February, the top4 of my list is going down (DOT, AR, YLD and NEXO). DOT and AR are for me one of the biggest opportunities right now related to Web3/Substrate and YLD and NEXO are basically an easy way to increase my passive gains. On the other hands, some of my stocks are going up! mainly those from specific sectors that can cleary pass this inflation to the consumers and keep or increase their margins. What projects are you loading up your bag right now?
I would swap it for USDC first and deposit 20% of it in Yield App and leave it there (18% paid in YLD). I follow TAA (Tactical Asset Allocation) and I use the passive gains to rebalance my portfolio. My passive gains doesn't come only for Yield, but also SwissBorg and Nexo. Since Binance is your example, I would get FTM, CAKE, AVAX, UNI, UTK (get your eyes here) and DOT. And of course, BNB itself.
In my case, I'd prolly change that for USDC because there's been a lot of negativity around USDT lately. I am afraid of the worst. I would also choose not to invest but to stake. When the market is uncertain staking looks like a logical move, at least for me. Been trying different stuff lately Binance, Freeway, Celsius, YieldApp... but I am now mostly on the last two. Tbh I don't need to make more than 18% that YieldApp is offering, it's just that I don't like to keep everything in one place. But YLD is making some serious growth on their platform lately. A lot of assets are managed there, I think that the last info that I saw was around $500M. I guess that the recent audit report made people's confidence even stronger.
When it comes to staking, DeFi is really my type of thing. I am not really exploring for now, Instead, I am investing more into earlier projects like DAFI and YLD. Its the APY and the integrity of the team for me. Asides the 220% APY of super staking in DAFI, I am very fascinated about staking on BSC network in Network and the new DAFI partnerships.
I only "DCA out" if the opportunity to "DCA In" for another project is a better one. I'm hodling some positions on stock market since the 2008 crisis. I read some of these days that someone made a research about which accounts performed better on the stock market for the last 30 years. Guess what? the accounts from deceased people got the better results, because they had no option than to hodl and the parents never realized that there was money there. If I believe the project and it goes down like 15% (my rule of thumb), then I start to DCA. I'm hodling some alts since the beginning like DOT, AR, SAND and UTK and I did exactly this. Be there are some exceptions like NEXO and YLD. YLD, for example, was about \~$0,60 before bear market began, so I would need to disburse $12k to achieve Diamond tier (20k YLD). Now it's valued at $0,25 and I just had to disburse $5k for the same benefits. It makes no sense at all!
Decentralised finance is very rewarding and the next decade will be very promising for DeFi. Its time to realise that the traditional banking system is a rip-off. Taking so much and giving so little in return. DeFi projects I am hodling for the next decade includes DAFI, YLF and YLD. The 220% APY I earn by staking in DAFi thorough super staking shows how traditional banking is truly a rip-off.
I kid you not, staking can be very addictive. The power of passive income cannot be underrated in improving your finances. This was my diversification strategy last year because my bags were in DAFI, YLD and APY. If I simply need to pump my bags, I know the right amount to stake in DAFI to earn 220% APY through super staking to meet my target. That’s the power of passive income in DeFi.
You can generate passive income for both BTC and ETH on YieldApp. The APY on both assets is 12%, I think it's sustainable. In the end, the majority of my USDC is staked on the YieldApp. There is another good option, to lock the native YLD tokens for 12 months and to get 20% APY. They just announced that they will be the official sponsor of the Bitcoin 2022 in Miami in April.
Hey, bro. I do. This example of 18% happens if the user decides to be paid all in YLD. If you choose to receive a part in USDC, then it's 13% paid in USDC + 3% paid in YLD (for the highest tier). These rates are always adjusted depending on market conditions. I've done KYC for Hodlanaut and I'm ready to use it now. Both platforms seem safe to me.
With that sort of numbers, US just can ease its pressure on economy, inflating it away! And inflation is no less that a massive transfer of wealth from the ones who don’t own assets to the ones who do. Your saving will be eaten away in the process and you have two options to ride this wave! Either buy long duration assets like real estate, art, stocks (those can take a bit longer to adapt) or a bit riskier out beloved crypto! The plan B is to get returns on your investment above the inflation level! The official inflation numbers this month came out at 7% in the US, the real inflation numbers should be above 10% but let’s not even go down that route! With banks giving just 1-2% interest, out purchasing power is being eaten away! That’s why besides all the assets mentioned above, I am using defi to ride the inflation wave! More simple and less risky option in yield.app that gives you returns on your stable coins from 12-18% depending on your YLD holdings More complex & risky but with prospects of much higher returns (also due to possible leveraging) there is Kalmy.app as a yield farming alternative where the APY can be much higher. Whatever you do, please don’t ignore inflation!
If you have the patience to HODL, I may have a few suggestions but you must check everything for yourself first. I was bagging more DOT when it was under $20, not just because I stake it on Freeway but because I will need it for [UNQ](https://unique.network/) crowdloan. They already won the parachain auction slot for their Quartz platform and they are preparing to launch QTZ token soon, there will be some listings as well. I think the QTZ staking is in plan too. Unique is the first NFT blockchain for both Polkadot and Kusama. Since I mentioned NFTs I can't avoid [Kalmar](https://kalmy.app) and their NFT fundraisers. It's a great idea because any company, project or influencer will be able to raise funds by selling the NFTs via the fundraiser event. All the NFTs can be exchanged for prizes and the value is, ofc, based on the rarity. You can also check Kalmar NFTs on [Treasureland](https://treasureland.market/assets?contract=0x25c8655d239db8b499f11821a8ef52d2e9a00458). I also invested in YLD during this dip because I am using their [YieldApp](https://www.yield.app/) platform to make some passive income since they really have nice APYs, especially on stablecoins. There is an option to make 18% APY on USDC, which can make a lot of my troubles go away if the market goes down. They are coming on BSC soon.
Whenever the market crashes, the first thing I think about is DeFi and how I could be earning some stables somewhere else. I still earn my APY in projects like DAFI, YLD And YFI. I am still going to earn my 220% APY through DAFI super staking anyways. It looks promising with over 30+ partnerships and integrations within the last few months.
Metaverse, NFTs, DeFi, launchpads... They all have a bright future IMO. I've been seeing a lot about Dreem lately but I'm also focused on the Unique Network development. They are trying to combine the power of NFT, gaming and metaverse and doing that on Polkadot, which is quite interesting because of the crosschain possibilities and scalability potential. Also will bag some YLD at these prices even if I see some community members complaining I see this as an opportunity to reach the Diamond Tier faster and cheaper. Diamond Tier will give me access to the maximum available APYs on the assets available for staking on their platform but most importantly USDC.
I'm usually converting my USDT to USDC as soon as I get them. I like staking them when the market looks like this. Luckily there are some sustainable options in a long run. My first options are Celsius and YieldApp. Trying to get more YLD tokens at these prices so that I can reach the maximum APY on USDC which is 18%. I never staked Tether but the APY is the same.
Investors play a huge role in the crypto space. More than the tech, the liquidity is enough motivation and inspiration for other investors to join the “bandwagon”. Especially DeFi where investors stake and earn attractive APY. Projects like $BAL, $YLD and DAFI Protocol are my top picks. I am hyped about the new super staking APY of 220%. I am sure many investors are hyped too.
I didn't sell shit TBH... It's better to stake and wait than to panic. I put my stablecoins to work instead of me and so far I am satisfied, especially with YieldApp. Times are tough and 18% on USDC can make me feel a bit optimistic about this year, if it goes downhill, ofc. I think I'm gonna lock my YLD for 12 months just so I can get 20% APY on that. I don't like to hold everything in one basket and I have some amount on Celsius as well.
$200k inheritance now is like a start up funding from investor‘a angle. DeFi staking is easily my option of earning passively. I could diversify by staking on two or more platforms but they are all going into DeFi. Platforms like YLD and DAFI are my top picks. Not only is the 220% APY of Super Staking feature fair enough, the news of partnerships and integration of DAFI’s staking model with over 30 Crypto, DeFi and GameFi project is a pointer that they are ready for the some good ride.
DOT is a good buy now, at least from my point of view. The whole ecosystem is growing steadily and there are some cool projects that can help when it comes to more growth. I already bought DOT dip because I am planning to participate in Unique Network crowdloan. They have big chances to win another auction especially after they raise more that $11M through their token sale. Regarding staking, I always suggest that it's better to spread your assets across different platforms and not to keep it in one place. My DOT is staked on Freeway but my stablecoins are mostly on Celsius and YieldApp. I am aiming at 18% APY on stablecoins on YieldApp and, at the moment, it's possible to stake USDT and USDC but DAI will be included soon as well. Also, I will be getting 20% on their native YLD tokens if I lock them before March 1st. There are a lot of staking options to explore but a lot of people going with YieldApp lately and that is obvious if you take a look at their numbers.
Got some DOT as well. $19 is a really good point to enter again. I am staking a bit on Freeway and I want to take part in the upcoming Unique Network crowdloan. I believe that they will win another parachain slot, just like they did with Quartz in November. Still didn't manage to get BTC, I believe it will dip more and I will maybe have more money to make a satisfying purchase. Got a bit more YLD tokens, IDK how much more they can dip because almost 3/4 of their circulating supply is staked or locked on the platform. I did that as well because it boosts my stablecoin APY. There was significant growth on the platform since all this bloodshed started.
I want to get more FWT and XRT if I get a good chance. My focus is mostly on YLD because I need more of their tokens to get better APY on my stablecoin staking there. I am double-digit right now but the maximum is 18%, which is pretty much decent IMO. A lot of people started staking there lately, more than 50M YLD are locked and about 75% of the circulating supply is on the platform. Can be helpful during this crash. I think that DOT is on a good discount as well. Bagged some under $20 and will get more. Planning to participate in Unique Network crowdloan that should start in Q1 and help them to become a parachain for Polkadot. Tried to mint an NFT on their testnet today and it was pretty much easy. I think that the whole NFT space will be able to benefit from UNQ in the near future. That's the first NFT chain for Polkadot, actually.
My biggest regret this crash was not staking as much as I wanted in DeFi. Projects like YLD and DAFI could have helped my portfolio diversify to cushion the effect of the dip. Its not even about the 220% APY I could earn through DAFI super staking features, its the potentials of this projects. DAFI’s latest partnerships and integrations hints that the projects could be mooning much earlier than I thought.
GTH has a lot goin in terms of development, they recently went live on BSC network as well. New contract address updated on their website. Also got my eyes on making passive income via DeFi - staking and yieldfarming are the way to go, currently earning about 150% APY on DAFI v2 super staking. YLD App is also cool RN.
I have had the Yield app since last year. What I see on version 2 is better security, revamped staking and locking features for YLD, users can now choose between staking and locking their YLD tokens to boost earnings on the platform. They also changed the tier levels which is better now in my opinion, before the lowest tier got 9% but now it’s 11%. There’s more I have to explore though.
I am not buying so much of crypto right now except for some very few. This dip makes me want to go harder on DeFi. I think its just common sense since BTC wont stop going now. Platforms like YLD , APY and DAFI are my best bet. DAFI was offering 157% APY when staked on Matic Network. Imagine how much my bag will improve when I earn the new 220% Super staking offer.
BTC and ETH still very strong options. I like some altcoins like DOT, UTK, AR and SAND, for example, but right now I'm mainly focusing on buying BTC and ETH, specially for passive earnings. My ETH is deposited in SwissBorg (\~6% APY) and my BTC is deposited in Yield App (\~10% APY). YLD seems to be holding strong with a -5% in the last 14 days and thanks to this bear market I could achieve Diamond's tier.
Funny enough, DIA was recently among one of the new acceptable cryptocurrencies on YIELD App V2, with more to come. DeFi has always created opportunities to make money, even when the market is down and that’s one of the benefits I’m enjoying on Yield App right now, with the help of YLD tokens.
Nice thread, man! I'm really in ecstasy. I've never seen such beautiful prices, not only for crypto but also for stocks. Netflix, for example, got down about 25% on friday. wth!??!? 1/4 of its market's value in just 1 day? come on! I'm taking this opportunity to fill up the bag, sadly the money is about to end. I have a good stables position staked on Nexo (EURx) and Yield App (USDC). I've got a lot of YLD after the -25% for the last 7 days and now I'm getting 18% on USDC.. what is really great since I have a double-digit inflation! What's going on with Polkadot ? omg...this is a very important infrastructure's project based on Substrate that is a superior blockchain. DOT's parachains can support the growth of NFTs (Unique Network), DeFi (Polkadex), dApps (Astar Network). And this is just the beginning. We are facing a true Black Friday here!
I personally don’t like the word “crash” relating to crypto dips. Zoom out and get the bigger picture. Take it that the market is giving you a discount. Even as bad as the market is, DeFi projects stay solid with their APY. Platforms like YLD and DAFI are my top picks. What more motivation do I need than the 220% APY earned through DAFI super staking feature.
I learnt so much about crypto in 2020 and I can proudly say that it was a year that taught me about passive income in the crypto space. I learnt about DeFi and it has been the best thing ever since. Remember 2021 was a year everyone was trying to hard to restore the world back to normalcy. I was too busy for daily trades and staking came in handy. I was a bit unlucky with some projects that rug pulled in the past . But after a few trial and disappointments, I found projects like DAFI and YLD. DAFI offers me 157% last year. The highlight of my 2022 is definitely going to be the 220% super staking feature.
Day trading is definitely not for everyone. The beautiful thing about crypto is the several options it gives. It doesn’t leave you without an option. If you don’t have the ample of time required for successful day trades and the technical knowledge, just staking in DeFi. Its all about making profit and some APY is something you can’t achieve sometimes day-trading because you can make losses. High risk begets high rewards honestly. Thats why YLD and DAFI. I think my nee year will begin to count when I start earning the 220% APY through super staking.
I think that DOT is a very good buy now. I bought it myself a cpl of times while it was under $30. I got some more YLD yesterday just before they launched V2, it's not much of a dip but still worth it because I am going for the top tier and maximum APY on USDC, which is 18% and I need more native tokens in order to do that. The good thing is that you are automatically generating returns just by holding YLD on the app. There is an option to lock YLD before March 1st and get 20% APY for the next 12 months. Passive income is getting me through the harsh times.
Do you want to have to do nothing and earn money on some of the most proficient cryptocurrencies like Bitcoin and Ethereum. Well Yield offers that, by depositing the funds in your Yield App wallet alongside YLD tokens, you can earn up to 12% APY and an extra 8% APY on the YLD token, paid in YLD.
Since you asked nicely, I have a few DeFi tips haha. So, I am very excited about DeFi and this excitement has beclouded my judgement in time past but I think my objectivity is restored now. It took me investing in funny projects to know the real deal in DeFi. Maybe my opinion might change in the future but for now, DAFI Protocol and YLD are my top pocks for DeFi. You know 157% I earn when staking DAFI on Matic Network can be a lot depending on how much you are staking. The thought of earning 220% through the super staking feature is filling me with joy.
The truth is, no better place to run to in a bear market than to run to DeFi where you can earn stable or even high APY. Although there are some funny projects out there and you have to be careful, there are also some very amazing ones with great APY. Overtime, projects like YLD and DAFI have proven relaible and in return, I have proven somewhat loyal to the platforms. I thought I was earning so much when I earned 157% when staking DAFI on Matic Network but now with the super staking feature, I can earn as high as 220% APY.
Baby steps! Slowly but surely! I believe it's the way to go! You could consider giving a got on simple defi to help to grow your stash! I've been using [yield.app](https://yield.app) for a couple of month and it's great and simple. You can get from 6% to 12% annual interests on your bitcoin depending on the amount of YLD tokens you got.
In the bearest of bear, we are still surviving through diversified portfolios. I dont even know what my finance will look like if I didn’t have bags buried in DeFi staking. We learn everyday in this fast-paced crypto space. The lesson is to diversify. Hodl your bags buy remain to come make some good APY through DeFi. Projects like YLD and DAFI does this effortlessly for me. My previous 157% earning in DAFI already increased up 220% through Super Staking feature.
This is true, bro. You will have to deposit your digital assets on other wallets. But tell me, is this different with banks? Can you earn interest by keeping your fiat money in your pocket? No. You will have to deposit them somewhere else. What makes you feel better is the reason that banks are regulated, so you "think" that your money will be safe. When you choose a staking platform you will have to do the same thing. I hodl a good amount of USDC and the best platform for me right now for USDC is Yield App (18% + 10% on YLD). They are licensed, regulated and have insured wallets through BitGo. I also use NEXO for EURx/GBPx and I know that they are also licensed and regulated. But be aware that some countries are considered "prohibited Jurisdictions" for these platforms. Make sure your country is not one of them.
Yield farming is my golden goose of the bear market, helps me double my gains at reduced price when the next bull market hits. I favor staking BTC and ETH on Yield App, gives me a nice 18% APY and a chance to also earn on YLD tokens.
This is a Game of Throne's game and you are right: "winter is coming". If you DCA projects because they have the same quality but the price droped for some exogenous/exoteric reason...fine. But if you DCA everything that goes down, then I think it's a huge mistake. For me DCA is working just fine. I've done it for AR and SAND. I still hodling them and the profits are huge so far. I stake my BTC and ETH position on Yield App, so thanks to a bear market I could get more YLD to achieve Tier 5 rewards and I've done the same for NEXO where I stake EURx. Let's choose DCA wisely.