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Author Topic: Farms for XRP (BEP20)  (Read 114 times)
ectbit (OP)
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August 10, 2021, 08:22:06 PM
 #1

I am trying to find the best farms for XRP BEP20.

I think the best are in Biswap and Beefy but they don't have more than 34%

Do you have any suggestion?
ectbit (OP)
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August 11, 2021, 12:47:03 PM
 #2

Most of Pancake farms have very low APR. You only farm there for the safety that provides you.

btcltcdigger
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August 11, 2021, 12:52:40 PM
 #3


Well 34% APY is pretty good, if you're farming big amounts.
With enough XRP, you can be getting around $1k a day with that
$anounimus$
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August 11, 2021, 12:54:24 PM
 #4

I am trying to find the best farms for XRP BEP20.

I think the best are in Biswap and Beefy but they don't have more than 34%

Do you have any suggestion?
I rarely do any coin farms, so I can't really give you any good advice on this, but if I may ask why would you want to do that BEP20 XRP farm? Is it because of the profits or because the returns can be so fast?

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cryptoaddictchie
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August 11, 2021, 12:55:49 PM
 #5

Well 34% APY is pretty good, if you're farming big amounts.
With enough XRP, you can be getting around $1k a day with that
What platform is this? 34% is pretty huge. Btw if you are farming with a $1k earnings per day how much xrp is needed for that. I assume its pretty big as well.



OP is the xrp be20 is also available on pancakeswap? Or they have specific platform to farm this?

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btcltcdigger
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August 11, 2021, 12:57:41 PM
 #6

Well 34% APY is pretty good, if you're farming big amounts.
With enough XRP, you can be getting around $1k a day with that
What platform is this? 34% is pretty huge. Btw if you are farming with a $1k earnings per day how much xrp is needed for that. I assume its pretty big as well.



OP is the xrp be20 is also available on pancakeswap? Or they have specific platform to farm this?

You need around $1m in XRP to be getting $1k a day with 34 APY
I know, it's alot, but believe me, I know people who are doing it.
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August 11, 2021, 02:43:07 PM
 #7

You need around $1m in XRP to be getting $1k a day with 34 APY
I know, it's alot, but believe me, I know people who are doing it.
Damn thats so huge men. Do you farming with that kind of budget? Are those people even seeing the risk of potential breach or flash loan. Just days ago. Polynetwork has been hacked and thats amounting to $600m but with this kind of farming obviously only whale could benefited on this 34% APY.

What platform is this operating mate?

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dhemasm
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August 16, 2021, 08:46:22 AM
 #8

Well 34% APY is pretty good, if you're farming big amounts.
With enough XRP, you can be getting around $1k a day with that
What platform is this? 34% is pretty huge. Btw if you are farming with a $1k earnings per day how much xrp is needed for that. I assume its pretty big as well.
Pancakeswap was offering BNB-XRP Farm Option with -+30% APR and considering BNB was good coin it's really worth to try and do that for long term, With $1k maybe you can get around $0,5/Day or $2,000/Year (Check out Pancakeswap APY Calculator for more details) Really Good Offer if you looking for some passive income!
OP is the xrp be20 is also available on pancakeswap? Or they have specific platform to farm this?
It's wrapped XRP on BEP-20, Basically same price with XRP just like Wrapped BTC.
aemma
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August 16, 2021, 09:10:17 AM
 #9

XRP BEP20, that's looks new to me but with pancakeswap, everything is quite possible as they try as much as possible to accommodate a lot of coins and tokens to make staking possible. Also, although APR might be low but one of the good things Pancakeswap is known for is security and their way of making sure that users who are staking gets something good out of it without much issues. Also, I see staking as the best option for holders, that is, instead of holding just in wallet you can stake it and earn something out of it, but you need to make sure it is on a good staking platform. There are many staking platforms today with high APR, but security might be a concern, thus go for the trusted platforms.
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