I'm just a boy, looking at ClubDefi, and asking it to tell me HOW TO USE THIS F#$&ING THING
I remember back when ClubDefi was a new thing to talk about on Hive/LeoFinance. We were seeing yields of more than 1000% in the farms, which just seemed (and were) insane. At the time, I thought it might be great to test it out and see what sort of money I could earn via this new and shiny platform, but then, and as I did when Bitcoin was below $1000, I quickly got busy with other things and forgot about it.
And then when I remembered it a few weeks later, I discovered that it wasn't a user-friendly platform and had all these little requirements (such as needing to be on a PC rather than a tablet to use Metamask or whatever). This put me off as these days, 99.9% of my personal computing time is spent on a tablet.
But, after reading more and more about yield farms and Defi over the past few days, many months after ClubDefi was launched, I decided to actually work this shit out and see if there is potential to make some actual money out of these platforms.
I had some coins sitting on an exchange that were steadily decreasing in value in the current market. After converting them to BNB and sending them to my BSC wallet I charged my laptop, updated the massively outdated software, and loaded up ClubDefi.
I promise you, I am a human (I think)
And what the hell... this thing was just as complicated and convoluted as I remember it. But I convinced myself to persevere, and attempted to join the ClubDefi Telegram. This failed miserably. What on earth is with these stupid Capatcha things to prove that you are human? I promise you, my wife thinks I am human. Isn't that enough? And since when is a Capatcha thing in a Telegram channel? How annoying... So off to Discord I went, where a person said that they could help with ClubDefi. And promptly ignored my questions.
It slowly dawned on me that I needed to work this out myself. So after some more reading, testing with small amounts of currency, and further reading, I finally managed to add my tokens to the liquidity pool and commenced staking BNB-CUB.
I actually worked this damn thing out!
So here we are:
Is it an impressive amount of currency? Not at all. Is it enough to test out this overly convoluted platform? Absolutely.
Am I extremely impressed with myself that I worked out how to used this damned platform despite supposedly not being human? Absofuckinglutely.
I'm making it seem more difficult than it really is
Ultimately, the ClubDefi platform wasn't overly complicated to use. In reality, I just needed to understand a few of the finer details that aren't made absolutely clear in the instructional documentation available at present. Oh and I needed to be on a laptop. That part is annoyingly important.
I'm eager to see how this plays out and how long I can really earn over 100% per year in profits by adding to the liquidity of the platform.
I'll be sure to report back with more tales of a novice in the Defi world. I expect to have some tales of utter disaster as I try to withdraw my tokens and accidentally end up donating them to ISIS.
Posted Using LeoFinance Beta
hahaa...oh the pain. I am still on the slow boat to defi. I am afraid to jump into the liquidity pool as I can't swim. Somehow I managed to get some cub into the farms but the defi is like colonizing the moon to me lol.
Maybe I'll jump into the murky pools eventually, probably when the ROI sinks into the abyss.
Posted Using LeoFinance Beta
I didn't think that I was the only person struggling with all this. I doubt my post here helped convince you to make the jump in any way.
You'll note that I provide zero guidance as to how to get this damn thing to work. There's a big reason for this.
Posted Using LeoFinance Beta
It's sharp at the cutting edge; but then that's where the gains are. Great to see your name in my feed, mate; and glad you got it sorted.
Hey, it's good to see you here as well. Are the meet ups still happening?
Posted Using LeoFinance Beta
We had one in Jan. Had to miss Feb, as I'm pretty confident I've had the 'rona.
The Jade is being dumb about masks, so I'm thinking we need to find a new venue.
Ouch, hope you've recovered OK.
I'm avoiding indoor venues at the moment. We're having our first kid soon so playing it as safe as possible with social settings.
If there's an outdoor catch up in the future I'll be keen to come along and catch up with everyone.
Posted Using LeoFinance Beta
Congratulations, mate. That's wonderful news. I wasn't really me until I became a Dad. I'll let you know what we end up doing.
I'm really looking forward to becoming a Dad :)
Definitely let me know if another thing happens.
Posted Using LeoFinance Beta