Bitcoin Forum

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For farming I prefer harvest finance and unicrypt

I believe more in farming at Uniswap and Pancake Swap, I think farming there is quite famous and the volume is quite high

TVL: 26379 $
Pool 1 APY: 335683 %
Pool 2 APY: 142217 %

Looking at the number above, the yield is not sustainable and I don't thing investors trust the project, compared to other project, $26k is too low, will be looking at the project if it is able to build more interest

Okay , what about this platform which i have mensioned above

Be careful with the new platforms because of so many scams and hacks and if you really like the project wait for them to perform well and then you can invest with them once the platform gains market trust.

I have never used fsrming and liquidity mining basically because they sound risky to me and also most services ask for equal amounts of tokens and eth to make the LM rewards which is not feasible for small players like me.

Take caution when dealing with this platform and due diligence with thesw farming project, their high return is sweet but the damage some of these projects has caused for some investors and traders will love you awe, they aren't also regulated, i believe you know what you are doing.
On suggestions and not to be taking as financial advice, why don't you consider binance platform I know they are centralized exchanges but they are secure in the sense that they don't list useless projects. With BNB, you can mine other tokens.

I think https://gains.farm/  better that these 2 projects ,  :-\
Any reason for your suggestion?

yeah I know , But we have to be wait for soo long time to get considerable profit , Am i correct? By Farming on this type of new platform was helped me to buy my new car.

I thought it was mining but I think that's different I'm not quite sure how to trust this kind of projects does anyone have any experienced about this kind of project? I have doubts about something like this project.

that was crypto mining farm and he didnt include crypto mining but he only said farm but I was also expecting different type of farm .
he didn't have an experience , that is why he is asking for others opinion  .
I have a doubts too from this farming thing because there have been so many farming projects that came out of defi lately and I think that all of them are the same or no anytjing new to offer and the op could only be promoting his farm project .

You're right, Defi is a hotbed of surveillance that is used as a huge advantage but with a high enough risk. That's why I find it difficult to farm on a platform like this. may need to be analyzed first. it's good to wait for a response from someone who has already got tangible results. because if not, it will really trap a lot of people. or it could be a complaint that is expected to arise on the surface soon.

Personally I prefer to stay away from these kind of projects that use farming to attract users to invest in their cryptocurrency
I invested once and I regretted my decision after i saw the high fees of the txs and the poor return on investment
It may be attractive at the beginning but those projects lose value afterwards when ppl lose interest

Yeah i also has that problem (high fees and poor returns) , But in this project they have considered about that problem as well , they have put affordable fees .. So , need to do more investigation on this project .

What is their ambition ???

Most tokens/defi apps are useless and do not create any long term value for the investors and the farmers!
(From their  website)