Understanding DAO's is a must before you invest a single penny with these High Risk/ High Reward platforms. Indeed many seasoned Crypto YouTubers don't understand that there is a humungous difference between APY% and APR%. Why are none of these knowledgeable 'Tubers' talking about the difference? Some are obviously promoting certain Dao's they are invested in the hope you follow to pump the price, others are paid to promote. A guide to the difference - I'm currently staking at APY 82081.43% = APR 689.53%.
4 Jan 2022 1 minute read 1 comment Defi Degsy
Simply use a Stable coin like USDT or USDT FOR YOUR PAIRING, even Magic Internet Money or MIM, then only 50% of your Crypto is exposed to impermanent loss, which is simply the price of the staked coin going down. It's not as bad as it sounds because...
3 Jan 2022 1 minute read 3 comments Defi Degsy
To farm MMF and MMO with the same pairing MMF/USDT which is paying the highest APY/APR% currently on the platform. you will need a Crypto dot com/ Defi Wallet. so you will need a Crypto Dot Com Account if you don't already have one. You will need to...
3 Jan 2022 1 minute read 1 comment Defi Degsy
AVAX Dao's can seriously damage your wealth. ICE Dao Current price at time of writing $0.833418 All Time High (14 days ago) $85.60 So if you invested at the top you now have a 99% loss. CLAVIS Current price at time of writing $90.75 All Time...
