Imagine not owning yfi
unironically $100k EOY
Imagine not owning yfi
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I have 1.5, what do?
First six digit token, for sure.
stake it and wait for an enormous pump
>yearn
>A retarded way of saying yam
Yeah I'm out
some of the brightest minds are gathering around this project
GET IN HEREEEEEEEEEEEEE
LETS GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
so you are the guy that buys yam I farm
thanks
>hasn't heard of RWS
where can I earn staking
ygov.finance
It's like 5% apr but it's always better than 0. The income comes from fees generated by yearn
note to claim rewards you have to have voted in the last 3 days, but rewards accumulate all the time, so you can just vote when you want to claim eventually
I'm there I'm just wondering if anyone was farming it somewhere. I'm thinking of pumping some other gains in to YFI, how much should I get?
Hard to answer this question without more information. If you are in link yfi can definitely pump 10x way more easily, so I would say 100% in this case
yes $6500 for defi token that could vanish tomorrow with some of tech error... where is my wallet..
you're saying put 100% of my LINK into YFI?
that's what I would do in your case
do as you wish
rws is going to the the first 7 digit coin
they community is discussing to do a 10-1 split when YFI > BTC
I have almost 1M link if I put it all in yfi what can I expect
AAVE LOAN NIGGAR. DON'T SELL LINK
Is aave that secure? How much return can I expect
I'm trying to imagine what it is, before I imagine not owning it
Sold for ETH just now considering buying DMG desu
DeFi cryptoassets that can be used for yield farming like have almost zero selling pressure in this market
If you understand this then you are part of the citadel
i encourage YFI peeps to also look into ZZZ
You can borrow up to about half your stack's worth in $amount, but I'd go a lot less than that just in case Link dips. As for Yfi, I dunno but I remember when it was less than 1k not too long ago
DYOR but I have 5k LINK deposited and have had it there for months. I borrow against it to chase shitcoins and diversify.
It's a share in yearn. It grants you a share in yearn's fees and the right to vote in governance.
Yearn itself is a defi platform, it's most exciting products are vaults - automated yield farming, currently it's automatically farming CRV using deposited funds. It constantly jumps between products depending on what's the best roi.
It saves a ton of gas because it pools user's funds. To farm CRV individually you need to have at least $100k otherwise gas fees are going to eat you alive, but with yearn even $100 is enough.
Pic is current APR on yearn's vaults.
stats.finance
learnyearn.finance
What % you been returning?
42%? If I put 1M in I can return 420k a year? Somethings fishy
STOP LEAKING ALPHA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
that's APR it relies on the yield farming bubble, I doubt it's going to last a year.
I'm sorry I'm asking for a bit of hand holding here, how do I get yCRV? I don't understand Curve at all.
but I'm getting these ridiculous returns since June - first COMP, BAL, then YFI (this one was like winning a fucking lottery), then all YFI clones, I'm currently farming one of it at a 3 digit APR + CRV on stablecoins.
I sold everything except for YFI
It's like it's literally raining in ethereum, every day I wake up and sell thousands worth of tokens, it's fucking surreal
>literally raining
money
curve.fi
warning extremely high gas fee
Insane. Should I take my 1M in link and get in on this action
can somebody explain what the fuck is this shit exactly?