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Started By
Message
re: Official CryptoTalk Thread
Posted on 8/15/21 at 8:06 pm to rocket31
Posted on 8/15/21 at 8:06 pm to rocket31
quote:
weve be warning about sol since $15
sol NFTs are exploding
Yeah I haven’t posted much of late since there hasn’t been much to post about but the 3 coin folio of BTC/ETH/SOL is going very well
1
Posted on 8/15/21 at 8:30 pm to 21JumpStreet
quote:
If bitcoin is gold 2.0. Doge gotta be like salt 2.0 right?
Beach sand.
Posted on 8/15/21 at 8:33 pm to 21JumpStreet
Any ideas on why sol is rolling?
Posted on 8/15/21 at 9:04 pm to GumboPot
Anyone looking for good apy check out Eden on sushi swap. Its formerly archer Dao and has utility of bypassing high gas on ETh. Apy farming 150% in sushi rewards. Can also stake directly on Eden network for Eden rewards
Posted on 8/15/21 at 9:29 pm to GumboPot
SOL has the transaction speed capabilities of the Nasdaq exchange. It's so damn under valued. Give it a few years and we easily see a market cap over 100B.
Posted on 8/15/21 at 10:04 pm to tenderfoot tigah
ADA stakers check this out. X-Ray defi token is active and will air drop if you delegate to their pools. You also get your Ada rewards
LINK
I just switched from the 50% meld pool
LINK
I just switched from the 50% meld pool
Posted on 8/15/21 at 10:14 pm to tenderfoot tigah
it's also 1/8 the cost of eth to transact
Posted on 8/15/21 at 11:52 pm to 21JumpStreet
top ten baby.
Posted on 8/16/21 at 5:37 am to rocket31
Link > $30
Let’s go!
Let’s go!
Posted on 8/16/21 at 6:42 am to SUG
quote:
ADA stakers check this out. X-Ray defi token is active and will air drop if you delegate to their pools. You also get your Ada rewards
LINK /
I just switched from the 50% meld pool
I might dabble, but pancake has been so good to me
Posted on 8/16/21 at 6:43 am to rocket31
quote:
it's also 1/8 the cost of eth to transact
SOL transactions are a fraction of a penny. It's $0.00025 per transaction currently.
Posted on 8/16/21 at 6:46 am to tenderfoot tigah
quote:
SOL transactions are a fraction of a penny. It's $0.00025 per transaction currently.
I wonder about this to. Part of the way one makes money in Defi is based on the fees. Anyone farming on Sol yet?
Posted on 8/16/21 at 6:53 am to JayDeerTay84
quote:
I wonder about this to. Part of the way one makes money in Defi is based on the fees. Anyone farming on Sol yet?
I'm too scared of impermanent loss. I'll gladly take the 8% apr.
When is it worth it to provide liquidity and yield farm?
Posted on 8/16/21 at 6:58 am to tenderfoot tigah
quote:
I'm too scared of impermanent loss. I'll gladly take the 8% apr.
When is it worth it to provide liquidity and yield farm?
I dont have a good answer for you other than stable pairs. Like BNB-BUSD or something like that. You can get a BNB/Stable pair APR around 29% which, IMO is relatively low risk comparatively speaking.
Also, I have been staking Cake and get a lot more than 8%. I also participate in the new pools to stake Cake to earn you projects etc. The new NFT type projects have worked out really well for me.
This post was edited on 8/16/21 at 7:03 am
Posted on 8/16/21 at 7:16 am to JayDeerTay84
What kind of returns have you been getting after impermanent loss? Would you mind sharing a few detailed examples?
Posted on 8/16/21 at 7:35 am to tenderfoot tigah
Solana 
Posted on 8/16/21 at 7:39 am to CE Tiger
I wish I put more than 100 dollars in now 
Posted on 8/16/21 at 7:57 am to tenderfoot tigah
quote:
What kind of returns have you been getting after impermanent loss? Would you mind sharing a few detailed examples?
There is no impermanent loss on Pancake Pools which is where 90% of my funds are. Pools you stake Cake (native token) and earn various rewards. Cake is the utility token of the platform.
On the Farm side (liquidity), I only do BNB-Cake pool, small amount. Next to no loss thus far because it has about 1 Billion in liquidity.
Basically for liquidity farming, the bigger the pool the less loss/risk you can expect.
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