4 ms·

Yield farming crypto currency, make well over $2k per month. Some farms pay 50 to 70% interest

• alostpuppy 4y ago
  Still?
  • monero-xmr 4y ago
    Plenty of places, check out https://app.velodrome.finance/ https://app.velodrome.finance/ for one
• pcthrowaway 4y ago
  I found the high yields were always on shitcoins (where projects occasionally rug), or lost due to impermanent loss. I'd love to be able to find more than 10% consistently on something like USDC
  • monero-xmr 4y ago
    There are places to get > 10% on stables. But always the risk of rugs / hacks, you need to diversify. This is a crazy game, but if you are a software engineer it's a good side hustle / hobby to earn more money. I'm always mentally ready to lose 100%, it's about growing your stack and siphoning off some amount from the interest every week. I enjoy it
    • j0hnyl 4y ago
      Technically you can lose more than 100% because you owe taxes on your staking rewards.
• hdlothia 4y ago
  Where's a good place to learn about this stuff
  • monero-xmr 4y ago
    Not knowing what your technical abilities are, a potential place to start going down the rabbit hole is https://www.coinbase.com/learn https://www.coinbase.com/learn The Bitcoin Standard explains the philosophical underpinnings of why this isn’t a big Ponzi and there is real material value to stateless money: The Bitcoin Standard: The Decentralized Alternative to Central Banking https://a.co/d/bC6XZqm https://a.co/d/bC6XZqm