Bitcoin Forum

Which are some DeFi tokens I should look out for if I were to do locked staking or DeFi staking to get the most value or return?

It seems that you have missed a lot of staking programs in the past few months because in the past many people have followed the staking program created on DeFi tokens, so your question is like it's too late for you to ask now.

obviously 1inch and uni but the airdrops are long gone you have to buy them they give good interests in staking on the defi platforms that issued them (1inch and uniswap) but also their versions wrapped on the bsc blockchain are a good investment

Here you can see the list of Defi project: https://coinmarketcap.com/view/defi/

It's always good idea to take care about the top listed coins if you think about investing in it. But in my personal Opinion some defi are good, and promising / have a good future. For example UNI, SUSHI, CAKE, CREAM, 1INCH.

Here you can find the info about yield farming : https://coinmarketcap.com/yield-farming/

I have UNI, SUSHI, 1INCH in my portfolio. To me UNI and 1INCH can make me happy in future.
Do you think should hold those for long time?

It'll be best for OP to select only audited projects as well as low apy pools in order to participate into staking as whales can manipulate the price of any project if that project provides higher apy. So, it's better to join any liquidity providing farming of uniswap, 1inch, pancakeswap or bakeryswap because all of these projects are the best for staking ( As of now, I'm still doing farming on all of this ). But DYOR first before taking any further steps on new defi projects as rug pullers are everywhere.

I think staking depends on the exchange. If I look at Binance, the DeFi coin stakes are sold out. I saw that ApeSwap was still active in the staking program and got Banana coins. You can check details about staking. However on Binance, there is a large selection of coins, but not for DeFi.

Not a bad pick honestly and as far as most "speculations" are concerns, you can bet on your picks.

Good addition to our portfolios as I also have those on my own list especially UNI.

But as always, don't just live on hype but also managed those as how you usually managed your other coins as well.

I have always said that Cake-BNB is a great LP to farm, I love it. Both of those tokens go up as well and they really make a good amount of profit not just thanks to the price going up but because it gives you a profit for farming it as well. If you did that in the last 3-4 months, you would have easily made 10x return and I know that there has been many things that you could have done 10x that just doesn't negate that you could have done it with Cake-BNB farm as well.

You have to pick something that would give you a good return in the long run, it shouldn't be something small, it should be something valid and legit and has proven that it is a good one. I have few friends who put money into "obvious scams" just so they could make 2x to 5x profit in first day and get out right away before the scam eventually happens, I advice doing that type of risky stuff.