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Author Topic: DEFI is underrated and liquidity mining is a dope feature  (Read 143 times)
johny023bonestone
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September 08, 2021, 08:08:07 PM
 #21

I'm watching PEAKDEFI for a year now
They need more cool listings
I love what their team is doing  Wink
listings you say… partnerships I say
more amas I say
a better marketing 
RockCryptoWorld
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September 08, 2021, 08:29:19 PM
 #22

defi area is in shadows now
nfts took all the attention and it's a great time to pay attention to some projects like peak for example
I find this one attractive
Mate I 100 agree with you, I mean I'm into NFTs as well but I'd love to see PeakDefi reaching the new heigh
Do you know more about them? What made you keep your eye on Peak?
saw the article on medium couple months ago about bsc + peak and thought that they r actually good
team and community are nice and bsc staking so I was ok to try them out
Yes, BSC staking is fine. DEFI is the future and you gotta be blind to deny it.
I have a friend of mine that investing only in DeFi projects and he has like a really great portfolio
When we discuss crypto he always says that DeFi and NFTs changed the world and it's only the beginning
He's always too dramatic about those things but he likes PeakDefi team too
It's a good call. I collect NFT and I don't see any problem in NFT being more hyped. Here's the thing, we are here to earn and we are looking for projects that can help us to do it.
PEAKDEFI is one of them, I like the progress they make, just need a right moment, more listings and a good quality product
They have a great product and they just need a marketing
You know that marketing is so important nowadays
Why NOWADAYS? IT'S ALWAYS important  Roll Eyes Lips sealed
RockCryptoWorld
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September 08, 2021, 08:29:56 PM
 #23

I'm watching PEAKDEFI for a year now
They need more cool listings
I love what their team is doing  Wink
listings you say… partnerships I say
more amas I say
a better marketing 
Yes and yes and yes and yes
v3liana
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September 09, 2021, 09:04:06 AM
 #24

I think defi is going to grow a lot more, this is still early days and there are already a variety of apps doing a lot of interesting things such as farming, staking, flash loans, synthetics and more. Some of these are still experimental and even with the high gas fees and regular exploits the TVL in defi is growing at a huge rate. and i want to recommend you to check this out (Terra Luna) for me it’s the NO 1 project of DEFI! UST stable coin, Mirror Protocol for stocks trading, Anchor protocol for lending and borrowing!

cvasy
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September 09, 2021, 09:22:37 AM
 #25

defi area is in shadows now
nfts took all the attention and it's a great time to pay attention to some projects like peak for example
I find this one attractive
Before there are new things that are more interesting than NFTS, now the attention will always be on NFTS, and DeFi is still in demand even though it is slowly starting to decrease and people are starting to turn to NFTS

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jaberwock
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September 10, 2021, 12:58:41 PM
 #26

Well since we're talking about mining here and DEFI is a hyped topic I think it's ok to say that PEAKDEFI launched liquidity mining yet very promising project.
I have many DEFI projects in my portfolio but this one seems to be very underrated that's why I keep my eye on PEAK

Liquidity mining has been a very popular term in the DeFi sector for some time. By providing liquidity on a decentralized exchange, one can stabilize a trading pair and reduce price changes during a swap in the form of slippage. Normally, users only get the fees from the swaps as a reward for providing liquidity.
Well PEAKDEFI decided to go one step further and give extra bonuses which is great for us.
The problem with the DeFi yield farming is that there is constantly money printed there non-stop, if there is enough demand then they could handle it, we have ETH miners constantly mining more and more ETH everyday, charging more and more fee as well, while they are getting richer, it costs people millions of dollars each day just to keep the price staying same and that's PoW, Cake for example is yield farming and it requires millions of dollars there to keep it steady as well.

I understand there are crashes in all markets, just like we had recently, but because of the nature of yield farming, if there is a demand then it worths something, if the demand goes then suddenly people will get more and more of it while they keep on selling and destroying the price. Which is why yield farming is a dope feature but it lacks a lot of core principals of keeping prices high.

el kaka22
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September 11, 2021, 01:36:31 PM
 #27

I too do believe that DeFi world opened up wonders, however I do not believe that liquidity mining, or yield farming or whatever you want to call it is not the reason why it is awesome. I see them as by-product of what we have, the decentralized exchange, the swaps that we have is actually incredible and that is what I really love about this. Those swaps are the best place to trade, you do it without giving your money to anyone, you own your coins and you trade them without depositing them anywhere.

In regular exchanges like binance, all of your money is at the hands of that exchange, and they can do whatever they want with it as long as they can send it to you when you withdraw it, meanwhile who knows what they are doing with it. So when you can keep the money in your wallet and be able to swap it whenever you want is a great deal. In order for that to work, some people have to do yield farming, so that is required, not the best part about it for me, but it's there.

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