Hi all!
Last year I started a series where I updated my DeFi results on a weekly basis. Although I never posted more than 2 episodes, I never quitted the DeFi farming. The reason I stopped posting was, as you might have guessed, that the amount of time it takes to write a weekly review was too much. However, if a lot of people are interested in the experiences of an "experienced" DeFi farmer, let me know in the comments, I currently farm on BSC, Polygon, Celo and Terra.
However, last week I discovered a new DEX due to a Spanish youtube channel (La Mejor Estrategia Criptomonedas), which is always up to date on the best farms.
The DEX is: Nomiswap, from the creators of Nominex, so I think the DEX can be trusted, since Nominex has been around for a while!
The reason I think it is promising:
- Low swap fees
- Cashback on swaps
- A token that has been around for a while, so no immediate dumping.
Current APRs are quite high, even after a week. I expect them to keep dropping until they reach the levels of biswap, pancakeswap etc. However, you should make use of them while you can!
The farms I use are:
- USDC-USDT, 50% APR
- BNB - USDT, 110% APR
- BTC - USDT, 120% APR
Let me know if you use/are gonna use this DEX as well!
Kind regards,
Tim