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Author Topic: Best place for staking or yield farming  (Read 478 times)
MishaSER
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June 13, 2021, 05:22:23 PM
 #21

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.
So high commissions for you in the BSC network? This network is one of the cheapest commissions, I don’t understand. Do you trade there for $ 1? You can check out Avalanche, an analogue of Uniswap for the Avalanche baguette.exchange network, but not sure if the percentages are high.

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June 13, 2021, 05:38:36 PM
 #22

I think pancakeswap has given lower fees than other farming and staking platforms because they are on the BSC network, other networks like ERC have higher fees, maybe you can try staking at LUNA, or SOLANA because they use a little fee the same as BSC.
These are all good suggestions but it seems that across the entire industry the APY has been slashed like crazy. As for what I'd advice, I agree that going for the BEP20 platforms like pancakeswap are better over ERC20 manly because your profit doesn't get eaten up too fast too quickly. It is a shame seeing that these days the APYs are no longer as competitive as what they used to be.
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June 13, 2021, 06:01:55 PM
 #23

Even though the fees are high at the Pancakeswap, it may give you high returns compared to other places. In last few weeks, when the market has started to dip, we have seen some high yield staking opportunities in short term (15 days, 30 days, etc.) on exchanges like Binance as well. If you worry bout the fees, then the best option would be an exchange like that. Also consider the possibility of providing liquidity or engaging in liquid swaps, which will also perform well for several coins.

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June 13, 2021, 06:26:09 PM
 #24

I think binance is a good place to stake or farm. have you tried it there? You can also set the duration of the stake there as needed.
Yes, in general the Binance exchange has provided very complete features for all of their users,
it's just the user who has to make their choice where and for what it is chosen.



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forexandcryptoauditor
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June 13, 2021, 06:54:46 PM
 #25

I am only using staking at the moment. For this I have used binance and kucoin staking programs which I feel are profitable. I also think it's secure than Dec staking or farming. They do have lot more staking opportunities with different durations.

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June 13, 2021, 09:22:03 PM
 #26

pancake swap is might be good but i see a legit new player who will be number 1 on the staking and farming space on binance smart chain

Is the First DEX on BSC network with a three-type referral system

It completed and pass the certik audit

this platform will list the betfury token

the bsw token is not yet on coinmarketcap or coingecko

it been like a month that the project is live

to this date the the bsw token is under 1.5$

it will be bigger than pancake swap thank me later


this is the link in the bottom to avoid the scam impersonator

https://bit.ly/3gmqv1b

ectbit (OP)
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June 13, 2021, 11:46:11 PM
 #27

Where do you think is the best place to stake or farm your crypto?
I say, PancakeSwap or on Hot Cross, crosspool.hotcross.com , they seems to have a good platform and percentage on returns though in HotCross it usually runs for 30days and I haven't seen any pool that is longer than that.
I also want to add the pools from Sovryn but this is only from their own and not really like PancakeSwap.

I checked Hotcross. It seems very interesting with good APY. They even have staking with 35% APY for stable coins.
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June 13, 2021, 11:55:37 PM
 #28

I think PancakeSwap is the most reliable place for staking. In the market of uncertainty, it is better not to chase high returns.
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June 13, 2021, 11:58:31 PM
 #29

I am only using staking at the moment. For this I have used binance and kucoin staking programs which I feel are profitable. I also think it's secure than Dec staking or farming. They do have lot more staking opportunities with different durations.

I can say, I am also pretty confident with the staking in Binance.
Even if the rates are not that high, I am comfortable with this platform because of their insurance.
I also put my BTC on their flexible savings, so at least I am getting satoshis while waiting for the right time to sell.
I think, one major advantage of Binance is that they have SAFU, so your funds are pretty secure.
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June 14, 2021, 02:18:41 AM
 #30

Where do you think is the best place to stake or farm your crypto?
I say, PancakeSwap or on Hot Cross, crosspool.hotcross.com , they seems to have a good platform and percentage on returns though in HotCross it usually runs for 30days and I haven't seen any pool that is longer than that.
I also want to add the pools from Sovryn but this is only from their own and not really like PancakeSwap.

I checked Hotcross. It seems very interesting with good APY. They even have staking with 35% APY for stable coins.
Yes, and the fact that they just started weeks ago, they have quite a good reputation already, and also an ample amount of pools will be coming based on what the admin says on the community.

You can join them on Telegram too t.me/HotCross
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June 14, 2021, 05:43:38 AM
 #31

By far the best place is pancakeswap, its seriously built for exactly this reason. I have never seen any place as great as pancakeswap for something like this. Sure uniswap and sushi and many others were there but pancakeswap is by far the best place, it is really an amazing place

I believe there is a good reason why people keep buying cake as well, normally I think you do not have to buy cake to participate, for example you could just do bnb-busd and get cake and sell it and that could be your profit, if you believe that bnb price will go up, and if you live in a nation where dollar is strong, you will make a profit just by holding them, but this way you are also profiting from holding them as well, its marvelous and incredible. Plus cake could go up which it does as well and that way you will make a great profit that way too it is really a perfect place.

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crzy
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June 14, 2021, 06:30:47 AM
 #32

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.
Pancakeswap offer the most affordable fees but if you think its high you'd better to do your transactions in bulk than to make it on a small transaction to save yourself from dealing with the fees. I'm staking under the Apeswap platform and so far I have a good return, I guess you have to analyze the project that offers staking, some of them are worth trying honestly.
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June 14, 2021, 06:44:28 AM
 #33

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.
Harvest Finance has some of the highest returns.
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June 14, 2021, 06:56:41 PM
 #34

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.
Harvest Finance has some of the highest returns.

Indeed, but is it safe there?
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June 14, 2021, 07:16:39 PM
 #35

You should give a try to Clam coin, you can stake that coin on Just-dice or you can do staking with your own node. The staking reward from that coin is close to 0.05% per day. so far is the coin that pays more with this feature, but the only issue is the low market volume, it's market isn't really active at all, and is hard to see a bump in the price.

If you want to try it you can get some clams on the freebitcoins exchange.

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June 14, 2021, 09:03:35 PM
 #36

now almost all DeFi platforms, DEX exchanges, and centralized exchanges also do staking and farming programs.
Pancakes are probably one of the most popular today. but there are also apeswap and sovryn that support the same program.
Yes you are right, apart from the PancakeSwap, apeswap is leading in the staking and farming program, I have staked some banana token on apeswap for almost three months, the percentage is beneficial and high enough and their releasing period is based on transaction per block unlike PancakeSwap. I am also observing sovryn dex on bitcoin network, this is really amazing and I am ready to partake in the first presale that would be lunched on sovryn dex, Babelfish, I see the potentiality and success of sovryn dex in the future that's why I am needing to buy the babelfish as the first presale after their native token SOV.



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June 14, 2021, 09:09:25 PM
 #37

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

Have you tried on Pancakeswap? I think the cost there is quite low compared to other DEX platforms. But you can also Staking on TrustWallet, and the fees are quite low there.
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June 14, 2021, 11:12:20 PM
 #38

Where do you think is the best place to stake or farm your crypto?

Till now i have only tried pancakeswap, but i think it has high fees, at least for the small transactions i make.

If you think Binance Smart Chain fees are high then crypto market may not be for you. It's literally the cheapest major chain right now. You can do every transaction for 15-20 cent, 50 cent at most.
There are plenty of staking options though yields vary from %3 to %300. Don't forget that when you stake a coin you have to be careful about their price too. For example a coin may give you %100 return in a year but if it loses its value more than %50 in same year then you will be in loss total. I tried a lot of yield farming on BSC and liked most of them but right now I don't have a favorite due to irregular market moves and uncertainty in the market in general.

R


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June 15, 2021, 12:51:40 PM
 #39

Is it better to choose a pair that has a stable coin?

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June 17, 2021, 12:51:06 PM
 #40

Try SOVRYN. It built mainly on DeFi for BTC and having less fees unlike any other platforms out there. They also have yield farming with substantial good rewards with their yield farming. You can also stake their and earning with good rates with all the fees that the platform is generating. And the best thing is it is also a decentralised exchange.
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