After exactly 1 month, i decided to remove my liquidity from Uniswap, as it seems that it is not profitable anymore, and the yield farming is not that great also. For exactly 30 days, i received 54 AMPL, evaluated at 35.57 USD.
Not bad for a month, you will say, but now i need to add the taxes. In order to provide liquidity, i paid 13.10 USD. In order to remove the liquidity, i paid 5.91+4.14+2.44=12.49. So total fees were 25.59 USD.
On top of that, the network seems to be a bit congested.
Estimated Confirmation Duration: ~ 1 days : 3 hrs : 30 mins : 16 secs
And i am like, are you being serious, more than 27 hours. I will focus on some other network, from now on, or i will stop trading altogether. It is not a viable option. And from now on, i am staying away from DEFI until it is becoming a bit more regulated, as it is more and more resembling to the ICO period from 2017. I needed to speed up the transaction to the max gas, otherwise it would have taken days.
8 hours later, with and increase from 5 to 10 usd in gas fees, it is done. Total profit after one month, using a bit more that 1000 USD, is 5 USD.
So, i am deeply dissapointed with all these DEFI coins, and i do not consider this to be a viable source of income for small amounts of crypto, in the current market.
Have a good day!
G.
My crypto-related links (check ratings - 1 to 5 stars based on my personal experience)
Games to gain crypto
***** League of Kingdoms - link here: similar with Heroes of Might and Magic or RoK (worldwide - paying in DAI)
***** DogeWars - link here (paying in Doge, 10-100 Doge initial investment, fight bosses and 1vs1 arena)
Exchanges
***** Binance( good for staking/savings ) - link here
***** Kucoin( good for staking/savings ) - link here
***** Coinbase( ideal for beginners )- link here
****ChangeNOW (make your own exchange widget) - link here
Investments
**** BlockFi (decent interest rates, but less choices than Celsius) - link here
***** Celsius.network (good rates of interests and monthly codes for free crypto, 1235256530 => my referral for $10 bonus ) - link here
**** Coinbundle (investing in crypto bundles) - link here
**** Stakecube (staking, masternodes and very easy to claim faucets for 28 coins/tokens) - link here
Wallets for multiple cryptocurrencies
***** Coinpot - link here (microwallet for all Moon faucets, Bitfun and Bonusbitcoin)
***** Atomic wallet - link here (microwallet for Publish0x DAI, BAT and Loopring)
***** Sphere wallet (for Horizen, combined with the faucet for extra bonus) - link here
**** Crypto.com wallet (good interest staking and 50$ bonus in MCO) - link here
Free crypto (faucets and more)
***** Pipeflare faucet (ZEC & PIVX) - link here
****Lbry.tv (free crypto for watching or making videos) - link here
****Bitfun( 3 min countdown - automatically deposit to Coinpot wallet ) - link here
****Bonusbitcoin( 15 min countdown - automatically deposit to Coinpot wallet ) - link here
****Moon Bitcoin ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here
***Moon Bitcoin Cash ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here
****Moon Litecoin ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here
****Moon Dogecoin ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here
***Moon Dash ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here
***** Horizen faucet ( 20 hours countdown - automatically deposit to Sphere wallet - bonus ) - link here
***** Zcash daily faucet (20 hours cooldown - automatically deposit to Binance- bonus) - link here
*** Tezos faucet ( 7 days countdown - automatically deposit to Coinbase or Binance wallet ) - link here
** Tron,LTC, XVG and other crypto faucet (24 hours countdown) - link here
Others
***** Publish0x blog (Free BAT, DAI and Loopring for reading/writing - can combine with Atomic wallet) - link here
***** Brave browser (Free BAT for using it, based on paid ads, very good AdBlocker and high speed) - link here
***** Presearch search engine (Free PRE for using it, works well in combination with Brave browser) - link here
***** Dot.Crypto domains for life (ERC721 with UnstoppableDomains - $10 discount of first purchase) - link here
Disclaimer: This text also can be re-published on my personal blogs, such as this one.
