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1  Alternate cryptocurrencies / Altcoin Discussion / Re: I liked this project let me know about your thoughts on this on: February 04, 2023, 11:59:00 AM
Well from the start i really liked the projects with farming but there is a sugaryield.com with the  Amazing APR on farming i can't see that much ever they have different farms like Caramel_BUSD, Caramel_USDT, Caramel_DAI, Caramel_BUSD | Saltish_BUSD, Saltish_USDT, Saltish_DAI, Saltish_BUSD. Emission rate for each farm is same but the APR is different.
It seems like just another AMM pool, with the high APR yield being paid in their own token, $SUGAR. Although they have added an extra layer of complexity with the introduction of Caramel and Saltish, it likely will follow a similar trajectory to many other protocols.

Here is the catch, our APR is not static it varies based on number of contributors. For instance if only one person stake his token then APR probably 1,298,000% but as long as contributors increase then APR may drop upto 5160%.
What's gonna happen is the generous emission of rewards by the protocol will result in a significant drop in the price of $SUGAR token. This, combined with impermanent losses, will likely lead to most people incurring losses from farming.

you Can also earn 2x rewards in BNB also i think they are doing great marketing to bring more users moreover their supply is limited and a APR is not fixed more people farm the APR decreases that's the thing attracts me
2  Alternate cryptocurrencies / Altcoin Discussion / I liked this project let me know about your thoughts on this on: February 04, 2023, 09:37:23 AM
Well from the start i really liked the projects with farming but there is a sugaryield.com with the  Amazing APR on farming i can't see that much ever they have different farms like Caramel_BUSD, Caramel_USDT, Caramel_DAI, Caramel_BUSD | Saltish_BUSD, Saltish_USDT, Saltish_DAI, Saltish_BUSD. Emission rate for each farm is same but the APR is different.

Here is the catch, our APR is not static it varies based on number of contributors. For instance if only one person stake his token then APR probably 1,298,000% but as long as contributors increase then APR may drop upto 5160%.

website: https://sugaryield.com/
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