Hi there
When, I choose a couple for liquidity farming I'm taking lot's of details, but main of them are:
1) General amount of assets in my parcel
As example now as the percentage of BNB is became rather high for me 10-15% of total farming capital.
I taking point on it trying to chose couple with eth/usd, and using other blockchains.
2) What APY for now, and how long this party will go on
So it more or lees basics of fundamental analys.
So if we speak about DeFi tokens i see that important staff is:
- Team, Product, Market, Tokenomics, Funds...
So and all these parameters project has, so it is:
Why i See right now is on a good point for it's farming
It's all the time question about the risk, and investment it your personal choice so DYOR.
I first time see this project on this week, and there are several reasons i put in farming now instead of other coin/BNB couple.
1) Price - year from public sale it grow on more then 900%. From one hand it's minus as it put into more risks. But from orther hand, right now it's lost a round 50% of it's value, so it's good for new ones.
2) Future lots of integration and news coming.
Already done stable assets for Algorand , ElrondNetwork are made with help OpenDao protocol.
In general the product the stable asset's within different collateral inside, is what in high demand already, and it will grow more.
All the official info about the funds and particular projects you can find here.
So taking in attention this basic info about team product and market, my personal risk level, and percentage of other assets.
I cash in OpenDAO for 1.8 $ about 0.5-1% of my DeFi capital and will buy more if it go down.
Then with a couple to BNB i put it on a farming and use optimiser as well.
So will see how it be.
and if you want more info about OpenDAO comment please.
Thanks for reading!