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RE: Binance Smart Chain - A More Affordable Route into Defi than ETH

in LeoFinance4 years ago (edited)

This article is awesome Karl. Gr8 learning resource.

I am in the process of moving around some crypto to stake some LINA I took a punt on in the autofarm pool (Farm APR: 199.9% yield is crazy coconut gains). The LINA has just been sitting in my wallet waiting for a YouTuber to start a pump on that coin lol Might as well put it to work stacking in anticipation of any major price surge on LINA.

Thanks for sharing your knowledge, I am going to reference this post in a Leofinance post I'm putting out this afternoon.

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What is Lina>? I've seen that in various pools with high returns. Best of luck with it! Just keep an eye on the fees, they can mount up!

LINA is a Defi app/exchange/swap where you can stake LINA to their app.

Linear Finance is the first cross-chain compatible, decentralized delta-one asset protocol to quickly and cost-effectively create, trade and manage liquid assets (Liquids) and creative thematical Digital Traded Funds.

If you 100% understand that then you're better with this crypto stuff than me lol

The project is called Linear Finance, and it is one of a few Defi punts I've taken for this altseason. Some other ones have already come off big time. Anything with a working dapp in the Defi arena is a decent bet for me. I do understand what they're doing enough to throw $300 at it, but I have to admit that I haven't gone deep dive on the project.

Just keep an eye on the fees, they can mount up!

Will do, cheers for the heads up :)

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