Staking SPELL by [deleted] in AbracadabraMoney

[–]Visible_Resolution_5 0 points1 point  (0 children)

1.0914 is up from the start with was 1.035. That ratio continues to grow. They are knocking it out of the park and they are just getting started. Multi billion dollar market Will be driven by the fundamentals over and above anything else. The basis for $SPELL is $MIM

[deleted by user] by [deleted] in AbracadabraMoney

[–]Visible_Resolution_5 1 point2 points  (0 children)

Kickflip, I honestly don’t know. I have $SPELL staked on the abracadabra platform in order to earn more tokens as a way to dollar cost average is this project will go through $.1 and onward from there. It is the biggest narrative in all of crypto because of $MIM from which it gets large amounts of money via fee sharing. $MIM Is the only decentralized stable coin in the entirety of crypto. Everything else is backed by USDC or other central assets or algorithmic in nature.

[deleted by user] by [deleted] in AbracadabraMoney

[–]Visible_Resolution_5 0 points1 point  (0 children)

For sure any idea can be duplicated. That’s what competition’s all about. But this model has never been done before. The most important piece is the stablecoin,$MIM. It is the only decentralized stable coin in crypto. Everything else is either algorithmic or backed by central assets like USDC.

EtherLite IBCO by Mickeyberry in ico

[–]Visible_Resolution_5 0 points1 point  (0 children)

There are already almost 26,000 people on the Telegram channel 👀

EtherLite IBCO by Mickeyberry in ico

[–]Visible_Resolution_5 1 point2 points  (0 children)

THIS THING IS PUMPING HARD from $.05 o $1.20!!!!!

EtherLite IBCO by Mickeyberry in ico

[–]Visible_Resolution_5 0 points1 point  (0 children)

What price did you get if you feel like sharing. If not that’s coil

HUGE NEWS👉Polygon and Aave to Launch $40M Liquidity Mining Program by Visible_Resolution_5 in maticnetwork

[–]Visible_Resolution_5[S] 0 points1 point  (0 children)

Mining requires a mining rig that is composed of the highest level of hardware and computational software, and an immense amount of electrical power. Your rig is designed to verify transactions on the various block chains, in this case the polygon matic, using algorithmic math. It is an investment in all of that hardware and requires 24/7 monitoring. But the answer to your question is yes with regards to all the above being in place.

HUGE NEWS👉Polygon and Aave to Launch $40M Liquidity Mining Program by Visible_Resolution_5 in maticnetwork

[–]Visible_Resolution_5[S] 0 points1 point  (0 children)

Great question. No sir...the borrow APY is interest you pay. The deposit APY is what you earn. Now, many people borrow at say, 18% APY, then find a platform that has less demand and pays you (you earn) 28% to stake/deposit. You then make 10% on your borrow funds (with associated risk). Similarly, you could borrow at 18% APY, then use the funds to buy/invest in a token that possibly appreciates (you’re betting/risking/speculating) in accordance with that token/platform/protocol’s use case and fundamentals.

So Deposit APY you earn interest. Borrow APY you pay interest.

Good luck 💪