Forex Traders Galore on Polygon

By Cje95 | Chronic Illness and Crypto | 24 Feb 2022


While I have never participated in forex trading it is something that has always fascinated me. Now with the current world situation as it is and the battle lines being drawn between the West and Russia it has further piqued my interest. Well, thanks to Harvest four new Jarvis pools have been added to the Polyon chain.

 

Two of these pools are HODL ones meaning they will stay active for the foreseeable future. These farms are Jarvis: 2CAD and Jarvis: 2JPY and both of them have incredible APY's. The HODL farms added are also based on Curve which is a platform I am sure most of us are familiar with!

 

For the Jarvis: 2CAD pool you need to deposit jCAD and CADC into the Curve pool and then take the LP token and deposit it on Harvest. As of this writing, the APY for this farm is a fantastic 232.10% with 73.37% being auto harvested QUI that is deposited into QUI-2CAD to boost the APY and also 158.73% APY in miFARM!

 

For the Jarvis: 2JPY pool again Curve is used and jJPY and JPYC are added to the LP pool and that token is deposited on Harvest. Like the CAD one before it, it has a great yield at 178.96% which yields 67.21% auto harvested SES which is redeposited into the pool to boost the yield and 111.75% miFARM. 

 

The next two farms are auto-compounding farms and one, in particular, does not seem to be fully operational yet. They though expand upon the two HODL farms mentioned above and are Jarvis: QUI-2CAD and Jarvis SES-2JPY. As opposed to the HODL farms these two utilize KyberSwap which is a platform I have not utilized before. 

 

The Jarvis: QUI-2CAD farm is the one that I do not think is fully operational yet as it only has 1.57 in TVL in it right now. To access the LP pool you need to deposit your QUI-2CAD into the best way is to click on vault details and follow the link provided. This farm has a contract end date of March 22 which is one of the reasons why it will have a higher APY and right now that APY is over 10,000% APY with 1354.08% in auto harvested QUI and over 10,000% in miFARM.

 

For the one March 22 date Jarvis farm that I know is active is the pairing Jarvis: SES-2JPY which like the previous CAD one is accessible via KyberSwap. This farm has a great yield right now of 1232.90% APY which can be broken down into 856.21% auto harvested SES and 376.69% miFARM.

 

Something that helps all of these farms out is that they are on the Polygon chain so the cost associated with transactions is much much lower then you would run across on the Ethereum chain allowing you to rapidly build up profits here. Harvest continues to add these farms monthly which is really nice to see and from what I have heard on Discord have really produced well for farmers! Like all farms they are much better to get into easier as opposed to later but produced nonetheless! 

 

Please know I am not a financial advisor I am just someone who picked up on a trend and wanted to express it! Makes sure you always do your own research and never invest money you cannot afford to lose! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_

 

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Cje95
Cje95

Graduated from Texas A&M in May of 2020 had dabbled in crypto since 2017 but dove in at the end of 2019. December of 2020 packed up and moved to D.C.! Huge sports fan, space nerd, and international newsreader! Follow me on Twitter @Cje95_


Chronic Illness and Crypto
Chronic Illness and Crypto

Cryptocurrency and Blockchain are going to be a huge part of the future and no matter who tries it isn't going to be stopped! Here I try to give my best insight and thoughts into the latest crypto news, features, developments. Further, I look to discover any link to news from the United States ranging from social-political issues to stock market and economic data.

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