I will try to share my experiences in the crypto world. I am trying to earn some passive income with it, especially with BSC projects at the moment. I also hold some high-cap coins like BTC and ETH.
In this weeks edition:
The crypto market is restless at the moment. It is unclear what will happen next. Will there be a bullish or bear market. The most important facts:
This short article is about my 6 favorite defi yield farming projects (at the time of this writing). I have chosen these projects because they seem sustainable (for the moment, because as you may already know crypto land is very risky) and the earnings each day are good for me.
I will start with my two oldest projects. In fact these are 2 borrow and lending platforms. I use these platforms for earning interest on some coins and they have good interest rates.
This will earn…
This is general beginners guideline of using “swap” yield farming projects on Polygon and Binance Smart Chain (and probably on other protocols the concepts are the same as well). I call them “swap” projects because in my opinion they all have the same concepts as Uniswap on Ethereum, one of the first AMM projects in DeFi land.
I will explain the following basic functionalities of those projects. Not all projects have all these features but this is a list that a project can support.
When explaining these features I…
This is a short guideline about installing and configuring MetaMask.
MetaMask is a software wallet that I use a lot when YieldFarming on the Binance Smart Chain, Ethereum and lately Polygon (formerly known as Matic). Because it is used in a lot of articles I decided to write a separate story so that I can reference it.
You can download MetaMask here.
The MetaMask wallet is…
More and more Polygon (MATIC) projects are popping up.
This is a short guideline how to send BSC BEP-20 tokens to the Polygon network. There are a couple of ways to sent your tokens from Binance Smart Chain (BSC) network to Polygon (MATIC) network. For some you must pay a lot more transaction fee. This article will show some possibilities and also the cheapest one(at the time of this writing).
The $MATIC token address on BSC: 0xcc42724c6683b7e57334c4e856f4c9965ed682bd
Within BSC you can swap $MATIC on ApeSwap: https://dex.apeswap.finance/#/swap
Note: I tried on PancakeSwap…
Every day I check my DeFi projects, but today I ran into a big surprise. It made me sad that people do this shit. But that is the world of crypto, there are people with bad intentions. I wrote about SODADeFi
Today the BNB balance of SODADeFi went to 0 ! Just like that.
Was this a rug pull or just an exit scam?
Well to be honest I do not give a shit what it was. The result is the same, I have lost money. Fortunately I did not loose a lot, because I still followed some basic rules:
I am earning passive income with lending and borrowing platform Celsius. This is an article on how I use this platform to do this.
The main features of Celsius are:
I use the platform only for lending coins and earning interest. The interest on the coins is interested especially because of the loyalty program, which I will describe later in this article.
Each week I will try to share my experiences in the crypto world. I am trying to earn some passive income with it, especially with BSC projects at the moment. I also hold some high-cap coins like BTC and ETH.
In this weeks edition:
There has been a big correction within the crypto market there couple of days.
When you read the socials there can be a couple of reasons (or a combination of them all):
As you know, when you are a regular reader of my crypto journey, I like to jump into new adventures and projects. This week I jumped into COMET.
It has some similarities with MoonRat namely that you get $BNB as earnings and also more tokens. In this case the $COMET token. But there are also some differences of course of which the main are:
The minting of tokens is also somewhat different…
When I read articles on cryptocurrency investments and especially when reading about Binance Smart Chain (BSC) projects, I am always warned with DYOR. In other words “do your own research”. I also copied this to my articles :-)
But what does it mean to do your own research?
In this article I will describe some criteria I use to decide whether I will invest in a project or not. Sometimes I investigate all criteria, but on other times I just jump into it after a tip or a read.
These indicators are: