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Author Topic: Best place for staking or yield farming  (Read 482 times)
john1010
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June 23, 2021, 01:52:18 AM
 #61

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.

For me the best place to stake and to earn profit is Pancakeswap, there's a lot of good project landing on pancakeswap everyday, so if i were you, you can accumulate CAKE and Stake cake to earn other coin also.
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June 23, 2021, 03:14:09 AM
 #62

There are a lot of farming now that some are very good in return but some are so small.
I heard Apeswap and Wault has high APR depends on the token. I'm not promoting Apeswap and Wault just suggesting. Do your own research always.

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June 23, 2021, 03:27:08 AM
 #63


For me the best place to stake and to earn profit is Pancakeswap, there's a lot of good project landing on pancakeswap everyday, so if i were you, you can accumulate CAKE and Stake cake to earn other coin also.
at this time may be the popular one is pancakeswap. I've also tried staking on apeswap and Sovryn. I still run it. it has its own advantages and disadvantages. like Sovryn, who must lock our assets for a certain time, and the choices are given are quite long.
and if we force to unlock and end staking there seems to be a deduction from the assets we use.
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June 23, 2021, 08:05:38 AM
 #64

If you're looking for the most reputable platform for staking and also farming, maybe Binance is one of the recommendations. So far, Binance also offers several projects for coins to stake or farming.
And if you are going to check some options of yield farming, try to visit this CoinMarketCap site:
https://coinmarketcap.com/yield-farming/
Do your own research.
Binance is good but it's have limited staking option and the slots was always filled quickly so maybe can try some alternative like Pancakeswap which is the best so far where offering Pool with high return and various choices too. Uniswap was also good but current ETH gas fee was not worth if you farming under $1000 from my opinion.
And if you are going to check some options of yield farming, try to visit this CoinMarketCap site:
https://coinmarketcap.com/yield-farming/
I suggest using coinecko to see more details for Yield Farming, Coinmarketcap has some glitch in their APY indicator and their pancakeswap is still using V1 which makes it not updated and gives wrong information.
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June 23, 2021, 08:09:13 AM
 #65

I think Uniswap is the best Decentralised ERC-20 based farming platform. And Pancakeswap is best for BSC Network. Since these are decentralized, all control is in your hands. 

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June 23, 2021, 08:27:04 AM
 #66

I think Uniswap is the best Decentralised ERC-20 based farming platform. And Pancakeswap is best for BSC Network. Since these are decentralized, all control is in your hands. 
There are many farming platforms on the market. Even now almost 80% coin has an official Decentralised and Centralised wallet. Where there are benefits of staking and farming. But if anyone wants a 3rd party decentralized farming platform then I think your choice is right.

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June 23, 2021, 10:23:31 AM
 #67

Pancakeswap and bakeryswap are the only best place to do staking and yield farming for me though there are many platforms like that are created since bsc network became popular. There are many choices on those platforms what token you will farm or stake. Plus, I feel safer with PCS and Bakeryswap because they are acknowledged by binance. The APR is also reasonable unlike new platforms now that it is only good to farm in the beginning. Been staking now my CAKE in Pancakeswap for almost a year, I treat it as a time deposit but way more better than putting it on a real bank.
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June 23, 2021, 07:14:02 PM
 #68

Till now i have put some cryptos in Apeswap and Pancake.
 
I also checked uniswap, hotcross, sovryn and 3-4 others.

By far the best APYs i found in beefy but i don't know if it has a good reputation, plus the liquidity in many pools is very low.
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June 26, 2021, 03:42:58 AM
 #69

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.
Sovryn is indeed very good and is starting to be talked about a lot by the investor community.
but what you need to know some warnings may disappoint investors who are going to do farming.
will require a lock-in time to be agreed upon from the start. and that makes us unable to re-open the assets we staked. unless there is a fine to be paid from withholding our assets.
so do some better planning before we start staking the platform.

I also see that the nominex exchange supports pools and there are several competitive events for traders and investors every week. seems interesting to try.
Yeah probably one side problem with the platform but in terms of yielding, it is quite good return. A bitcoin native platform having DeFi is quite a good however the platform is in its early stage. Many rooms for improvement and fyi according to team staking will be given a more passive good revamp meaning more rewards will be given.
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June 26, 2021, 03:53:19 AM
 #70

I think biswap exchange dex is the best place for yield farming right now, without lock rule and you can unlock any time do you want and not penalty I think the best place to farm your coin, check there give more than 400% and the best offer right now in farming. Now good chance because during bitcoin have lower price bsw coin still lower and get or compound with farming until price going up.

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June 26, 2021, 05:20:32 AM
 #71

Pancakeswap is cheap, man, as for other alternatives, try using a trusted centralized exchange such as Binance, Kucoin.
the question now is what altcoin do you want to staking and farm? because not all exchanges have these altcoins.
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June 27, 2021, 06:53:32 PM
 #72

Pancakeswap is cheap, man, as for other alternatives, try using a trusted centralized exchange such as Binance, Kucoin.
the question now is what altcoin do you want to staking and farm? because not all exchanges have these altcoins.
Pancake is good dapp for staking coin and have many kind of coins reward give, but I see most higher reward on biswap exchange. Check on this exchange website and looking for on staking or farming, more than 200% apy giving by biswap exchange. Maybe pancke only raise above 100% is most higher because now stable under 40% apy giving.

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