I decided to try out Adamant Financethis post. on Polygon a couple of weeks ago, on the not-financial advice of @dalz in
I was mainly looking to see if there were any better returns to be had on the stable coins I had staked on Aave, not that there's anything too bad about the 10% return I've been earning there!
On sorting the Adamant stable pools by order I was attracted to the impressive returns on the USDC - UST pool, especially as I've been thinking about picking up some UST.
However I'd never heard of gravity or bootstable before so decided to steer clear for now and instead opted for a pool on ApeSwap, which I am familiar with and has been around for what seems like an age in the DEFI Space.
The return isn't quite as good, currently only 16% but it's better than the 10% I'm earning on Aave, and I'm quite happy to let it sit here for a while.
I quite like the look of Adamant - it auto-compounds the stables and then I have to manually Harvest my Addy.
And there's an airdrop coming up for Addy stakers so I might just put in some more funds today and make sure I harvest and stake my Addy to the appropriate place to qualify for that. Now my funds have been sitting there for a couple of weeks and it all seems safe, I'm happy enough to move some more over, probably just to the same pool!
I'm not about to pile in huge amounts ATM - I'm saving everything I've got for Chaos Legion ATM, but once that's done, I may move more funds over, depending on how sustainable the platform is, that's something I need to dig a bit deeper in to.
NB - Adamant is exclusively on Polygon, and one of the joys of this network is the super low low fees so you can unstake and swap between pools for very low fees, the only thing to be aware of is any deposit fees or penalties you may get slapped with when you withdraw on the platforms themselves, so watch out for those!
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This is obligatory!
You are doing great with following so many opportunities.
Chaos legion?
@tipu curate
Upvoted 👌 (Mana: 40/80) Liquid rewards.
Although I do tend to be a bit late to the party, I like to wait until the dust has settled and then go in for a decent return in the medium to long term!
Being cautious and having patience are good traits :)
!BEER
View or trade
BEER.BEERHey @revisesociology, here is a little bit of from @ervin-lemark for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Amazing
If you like Apeswap they also have a compounding type of site, Aperocket which auto-compounds various tokens. But sshhh, it's a secret :0D
Oh OK I might have a look, is that on BSC?
P.S You forgot my
!PIZZA
$PIZZA@meesterboom! I sent you a slice of on behalf of @revisesociology.
Did you know you can spend $PIZZA on games in the $Pizza Store? (1/20)
Yes, indeed. A BSC one and your are totally right! How could I forget the !PIZZA !!!
$PIZZA@revisesociology! I sent you a slice of on behalf of @meesterboom.
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I have been in adamant since the days of iron finance, farmed some addy from iron-usdc pool before the iron crashed, matic+addy rewards for locking addy were nice for a while, now they are still ok, but much lower than before. All in all I am happy with them.
It looks like an OK platform, seems to be growing, until the next one comes along, you know how it is!
!PIZZA
$PIZZA@white-walker-13! I sent you a slice of on behalf of @revisesociology.
Did you know you can now buy Rising Star packs with $PIZZA? (2/20)
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STOPCheck out the last post from @hivebuzz:
This looks like a good DeFi platform and opportunity to invest. And the greatness of it all is that it was presented on Leo Finance by multiple users and if we are looking to the past, this is what fuels this community by bringing valuable information at the right time. I cannot count the cryptocurrencies "endorsed" by LEO Finance members which proved themselves in time - RUNE, LUNA, MATIC and so on...
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