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Which DeFi investments are Making Me Money: First Round-Up of 2024 — Red King Crypto

By Red King | Red King Crypto | 24 Jan 2024


I usually do a quick round-up of my current defi investments each month to report back what’s working and what isn’t. This is the first one of 2024.

For each platform I’ll include a link to my original article so if you need additional information on it you can read the full-length article.

Exby

My original, full article is here.

At the time of writing this article I have been in Exby for 12 days and have been averaging a 0.32% return per day on my investment. So I have now made a total of about 3.85% ROI.

I took the auto-trading option which unlocks after 30 days, so I have 18 days to go. I should generate a total return of 10% profit by that stage.

I also received the bonus of around $25 in Bitcoin when I joined which has also been accruing 0.32% interest daily.

So far so good. I haven’t made any withdrawals yet.

Check out Exby here.

Monstro’s Degenz

My original, full article is here.

I have been in this BNB miner for almost two weeks. I haven’t taken any profits yet, I have just been compounding and increasing my number of miners to generate a bigger BNB reward.

The platform’s TVL has just been growing and growing and is now over a staggering 1000 BNB.

Check out Degenz here.

Sol Miner

My original, full article is here.

I have been pleasantly surprised by this one. In my original article I stated that you shouldn’t expect to receive the maximum 2.2% ROI every day, but on my first day I received 2.05% which exceeded my expectations. Since then I have been compounding; the TVL has also been growing steadily and there is already 300 more $SOL in it than when I posted my first article.

Check out SolMiner here.

BNB Miner

My original, full article is here.

The old faithful still going strong. I’ve been in it for over two years and it has never stopped making money for me. Every day I earn some more BNB that I can either compound or withdraw.

Check out BNB miner here.

Nexo

My original, full article is here.

I love Nexo. It’s a safe place to lock up your crypto and earn steady APY returns. You can also take loans out using your crypto as collateral. And you can receive $25 of Bitcoin for free by signing up using a referral link. You just need to verify your identity in Nexo and top up at least $100 in assets and maintain the USD value for at least 30 days in your account. Both you and I will earn $25 in free BTC and it will be unlocked after 30 days of your initial deposit.

Sign up with Nexo here.

ECOS Cloud Mining

This is a very new one that I been looking at; it’s a cloud mining operation where you can rent hash rate directly from the most popular ASICs to get the maximum of mining efficiency. So you don’t have to buy all the rigs etc. You just choose a plan and create your contract in a few clicks. I don’t too much info on it as I am still researching, but if you want an early look you can check it out here.

Check out ECOS here.

Splinterlands

My original, full article is here.

I’ve been in this game for over two years, just slowly increasing my NFT assets. I am also staking SPS which is compounding and will hopefully have a jump in value when we hit the next bullrun.

Check out Splinterlands here.

I have a few others that I am busy checking out (including one particular one that I am excited about), and will report back in the next few articles.

 

Are you looking to increase your Altcoin bags? Read my recent reports on the following coins: XLMHBARMKRTON OPT and LINK.

As always this is not financial advice, just findings based on my research. Remember to only use risk capital.

  • You can join my Telegram group here or connect with me on Twitter here or follow me on YouTube here.
  • Follow me on Medium if you want to read more about cryptocurrency, passive income, play to earn games and yield farming.
  • I’m not a financial advisor. This is not a financial advice, whatever you read in my articles are strictly for educational purposes.
  • This article contains affiliate links.
  • These defi projects are all high risk and high reward, only use risk capital and be careful.

 

Originally published at https://redkingcrypto.com on January 22, 2024.

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Red King
Red King

I am passionate about Crypto, especially passive farming and P2E games.


Red King Crypto
Red King Crypto

Crypto, DeFi, Blockchain and Play2Earn gaming.

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