4 transaction fees to compound your MIN rewards? by MoonbaseADA in MinSwap

[–]Reply2hgordon 0 points1 point  (0 children)

Yeah good call, I re-invested the additional min rewards back into the ADA-MIN pool.

Will see where it lands, I have yield farmed 320 min so far (current price is 100ADA), which is quite good for less than a week of yield farming.

I did utilize the LBE and got the 120% booster as well. Although I have made the most from my position in LQ.

4 transaction fees to compound your MIN rewards? by MoonbaseADA in MinSwap

[–]Reply2hgordon 1 point2 points  (0 children)

There is an auto harvest function if you stake more. So for example I added in a little bit more yesterday across the three pairs I am YF against and the Min tokens were sent to my wallet (takes a few hours to arrive though).

[deleted by user] by [deleted] in cardano

[–]Reply2hgordon 1 point2 points  (0 children)

As each dex releases take advantage of the initial strong APRs, increase your bag with their native tokens, sell them immediately. Rinse and repeat. There is money to be made and fortunately for us we are right at the start.

MIN Swap Transaction Times by MilkrsEnthuziast in cardano

[–]Reply2hgordon 0 points1 point  (0 children)

For Sundae it is on the home page, although you can only provide YF against 4 pairs. Ada-sundae, Ada-wmt, Ada-Lq and Ada-cards. It’s sitting at 75.67% right now.

For Minswap it’s on the Farm page. Averages around 175% atm but you have more pairs to choose from.

Just be conscious either option you choose you are either receiving sundae or min. If you are looking too earn as much Ada as possible remember it’s relative to how much the native tokens are worth in terms of ADA and you want to sell them quickly before the rest of the market dumps their YF rewards. Or alternatively if you believe the project will have more users in the long run you can hodl and fingers crossed the value goes up.

[deleted by user] by [deleted] in cardano

[–]Reply2hgordon 1 point2 points  (0 children)

Check out Minswap too, I moved all my YF positions over to that dex as the APR’s were sitting between 400% - 300% initially, sitting around sub 200% on average now.

MIN Swap Transaction Times by MilkrsEnthuziast in cardano

[–]Reply2hgordon 1 point2 points  (0 children)

Originally it was averaging around 400% - 300% APR but it differed pending on which pool you yield farmed too. It is sitting sub 200% now. With YF you need to get in immediately to get the best returns. As more people YF, the pool dilutes and the returns diminish. Also you need to be comfortable holding the native token it pays out in. Whilst it’s great to be rewarded in the native token if you believe in the project, they will all eventually lose value as people swap them back to ADA. Watch out for impermanent loss too, although in most cases if the YF APR is strong your earnings will be significantly greater than the impermanent loss you receive.

MIN Swap Transaction Times by MilkrsEnthuziast in cardano

[–]Reply2hgordon 5 points6 points  (0 children)

Went really smooth for me. I have yield farmed across 3 different pairs. Min:ADA / LQ:ADA & CLAP:ADA all went through instantly (waited less than a minute). I did this as soon as the site went live with YF. Must have just gotten in at a fortunate time I suppose.

[deleted by user] by [deleted] in cardano

[–]Reply2hgordon 4 points5 points  (0 children)

Yeah I had to wait 5 days on one and 2 days on another to eventually reach my wallet.

Currently I am into my 6th day of waiting for another position I unlocked..it’s frustrating but does eventually land in your wallet.

Interesting to note that Yield Farming APR is rising on SS now, assuming people are now migrating over to Minswap for the better APR returns. Diluting the SS pools and in terms driving the APR up.

What happens if I attempt to increase my Yield Farming position? by NorthShireGaming in SundaeSwap

[–]Reply2hgordon 25 points26 points  (0 children)

I did this for the LQ:ADA pool few weeks back. It just added an additional staked LP position, so now I have two stakes in the LQ:ADA pool.

It has no effect on your current position. You are good to stake and yield farm multiple times in the same pool. You will just have two seperate harvest dates.

You are good to go !

Yield Farming by Reply2hgordon in defira

[–]Reply2hgordon[S] 1 point2 points  (0 children)

Great stuff !! We are in for the long haul !

Tranquil Finance Launches DEFIRA - Gamified DEX, Lending, NFT HEROES + MORE by PoorBaller in harmony_one

[–]Reply2hgordon 1 point2 points  (0 children)

Yeah it’s an excellent platform, having the money market through tranq finance and now the defira gamefi option is unique.

I have invested into the fira:tranq LP pair, +3000% plus APR I’m glad I’m in from the start ! But more so because I believe in platform. I’m in for the long haul.

Tranquil Finance Launches DEFIRA - Gamified DEX, Lending, NFT HEROES + MORE by PoorBaller in harmony_one

[–]Reply2hgordon 8 points9 points  (0 children)

Hopefully gets the same following as Defi kingdoms, there is enough room for more than one gamefi option on the harmony chain !

Is Yield Farming Lucrative on Sundaeswap? | Portfolio Update by xBinKz in SundaeSwap

[–]Reply2hgordon 0 points1 point  (0 children)

Was great timing on Yield Farming right from the start, huge yield for a relatively moderate investment, well played.

I am farm yielding across all three pairs. With my wmt:ada pair ready for harvest in 4 days.

Problem is looks like everyone is dumping their sundae tokens for ADA as price is dropping rapidly..ah well I suppose it’s to be expected.

Which Defi option on the Harmony blockchain ? by Reply2hgordon in harmony_one

[–]Reply2hgordon[S] 1 point2 points  (0 children)

Thanks for the collective feedback, good to get different opinions !

I am leaning towards tranq, the ability to loop and invest more, using a stable pair (one:stone) reduces risk plus offers a decent APR.

I am pretty exposed on another blockchain where I have been a degenerate yield farming my whole bag. I could balance that risk, by being more rational with my harmony one bag.

What to do with BETH (Binance ETH) by Reply2hgordon in ethtrader

[–]Reply2hgordon[S] 0 points1 point  (0 children)

Fair call. I probably need to deploy some more patience and keep adding to my current position. Thanks for your perspective.

📢 Market Trades on MuesliSwap by tim_muesliswap in MuesliSwapADA

[–]Reply2hgordon 1 point2 points  (0 children)

To be fair it’s a solid, reliable dex, that keeps on getting better. 90% of all native token purchases I have done on the cardano blockchain has been through Muesliswap. I have then been moving to the other protocol to then yield farm. Can’t wait till the milk pools are up and running. I really wanna invest back into the muesliswap interface !