By - TaliDontBanMe
It looks like this submission might be meta related. For in-depth meta discussion, we encourage our readers to use r/CryptoCurrencyMeta instead of r/CryptoCurrency. Thank you for your attention.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Wtf where do you stake for that much it’s crazy
I don't think I can post links but I found this one on RugDoc.
It's basically a site which reviews yield farms.
Cheers will look it up that’s just crazy high lol
> My DAILY ROI is 467.78% so I should triple my money in a day?
Lmao, in what world does an ROI of 470% equal 200%?
467% daily roi in their project token that will drop by 99% in a few hours…
I do yield farming, can confirm.
It's a ponzi, send them to me
Yay. I am finally getting my millions
Send em to me and make trillions
It's their hopium scheme. They are high
Automated markets arent Ponzi's but they have to be coded well and even then they come with risks like impermanent loss. You are receiving a yield because you are providing that pair with liquidity which is paid out as rewards commiserate with the % of the market you own. Those guys you are talking about are providing the majority of the liquidity for some illiquid pairs and thus get outsized rewards because they're getting the majority % of transaction fees through that pair.
Unless its a good if statement. Then its probably true.
It’s a Ponzi scheme, but if you get out before the inevitable collapse, you can make some fantastic gains
Yea... I don't think you'll have 19 million dollars in a week...
I think the impermanent losses are a too big handicap.
Everyone on this subreddit would drive lambos by now
Rug pull, definitely a rug pull.
That sounds like when Titan was promising some absurd apy like 1000000000%
Rates go down extremely fast, same with the price of the shitcoin usually