Millions of people in WEB3 stacking bags💰
Do they all trade?
Do they only buy low and sell high???
Welps, let me take you through the various opportunities in DEFI and how you can start stacking your racks bruv.
Shall we?🧵 like and RT.
Do they all trade?
Do they only buy low and sell high???
Welps, let me take you through the various opportunities in DEFI and how you can start stacking your racks bruv.
Shall we?🧵 like and RT.
There are various opportunities to Earn in the DEFI space, you’d need a niche so you don’t get lost😅
These include:
- Trading
- Investing
- Farming and Staking
- Lending and borrowing
- Arbitrage
- Airdrops
- Play to Earn (Games)
- Building
- DEFI Jobs
Walk with me🫡
These include:
- Trading
- Investing
- Farming and Staking
- Lending and borrowing
- Arbitrage
- Airdrops
- Play to Earn (Games)
- Building
- DEFI Jobs
Walk with me🫡
• Trading
As a trader in defi, you don’t need to search for a buyer, liquidity allows you to buy, sell and make profits whenever you want without a third party.
As a trader you must:
- DYOR
- Learn before you earn
- Always TP and mitigate loss
- Never put all eggs in a basket.
As a trader in defi, you don’t need to search for a buyer, liquidity allows you to buy, sell and make profits whenever you want without a third party.
As a trader you must:
- DYOR
- Learn before you earn
- Always TP and mitigate loss
- Never put all eggs in a basket.
• Investing
An investor is in for the long-term (A month - A year+) as opposed to the trader who’s in for the short-term (less than a month or when profits
is made)
An investor is called “Diamond-hand”
A trader is called “Paper-hand”
An investor is mostly involved in presales
An investor is in for the long-term (A month - A year+) as opposed to the trader who’s in for the short-term (less than a month or when profits
is made)
An investor is called “Diamond-hand”
A trader is called “Paper-hand”
An investor is mostly involved in presales
• Farming and Staking
- Farming is providing liquidity for two tokens to ease trades accross dexes, for this you are rewarded with a certain percentage “Returns on investment”, earned Passively.
PS: Beware of impermanent loss and insane APYs (Annual Progressive yields)
- Farming is providing liquidity for two tokens to ease trades accross dexes, for this you are rewarded with a certain percentage “Returns on investment”, earned Passively.
PS: Beware of impermanent loss and insane APYs (Annual Progressive yields)
• Staking
This is less riskier to Farming, here you don’t have to worry about the risk of impermanent loss and it has lesser APYs compared to farming
Investors stake to earn passively, for example staking ethereum to validate transactions and earn rewards
This is less riskier to Farming, here you don’t have to worry about the risk of impermanent loss and it has lesser APYs compared to farming
Investors stake to earn passively, for example staking ethereum to validate transactions and earn rewards
• Lending and Borrowing
-Lending, Yes! You can autonomously be a money lender. Earn compounded interest from lending your funds directly!
-Lending, Yes! You can autonomously be a money lender. Earn compounded interest from lending your funds directly!
• Borrowing
You can borrow against a collateral like the traditional banking system but more independently on the blockchain.
Beware of Liquidation: This is when your collateral falls below a particular threshold and is thereby sold to cover your loans.
You can borrow against a collateral like the traditional banking system but more independently on the blockchain.
Beware of Liquidation: This is when your collateral falls below a particular threshold and is thereby sold to cover your loans.
• Arbitrage
Arbitrage is also an awesome opportunity to milk the market volality and price differences.
Arbitrage is simply trading price differences in a particular token accross exchanges
A detailed thread on arbitrage opportunities capitalized on by @omgitsinfy 👇
Arbitrage is also an awesome opportunity to milk the market volality and price differences.
Arbitrage is simply trading price differences in a particular token accross exchanges
A detailed thread on arbitrage opportunities capitalized on by @omgitsinfy 👇
• Airdrops
Airdrop is a marketing strategy by crypto startups where you earn free crypto from a project in exchange of performing certain tasks or holding certain tokens or NFTs.
Beware: Dont swap any airdrops you dont know about
Airdrops OGs👇
@Abrahamchase09
@bloomstarbms
Airdrop is a marketing strategy by crypto startups where you earn free crypto from a project in exchange of performing certain tasks or holding certain tokens or NFTs.
Beware: Dont swap any airdrops you dont know about
Airdrops OGs👇
@Abrahamchase09
@bloomstarbms
• Play to Earn (Games)
This is making money in leisure.👾
Playing games and earning cryptocurrency.
Proffessional gamers or normal game players use this to earn extra income
PS: Sometimes staking NFTs to earn rewards from some games is a better option to staking tokens.
This is making money in leisure.👾
Playing games and earning cryptocurrency.
Proffessional gamers or normal game players use this to earn extra income
PS: Sometimes staking NFTs to earn rewards from some games is a better option to staking tokens.
• Building
The buildoorrs, these are the people with the innovative ideas to create unique products in the Defi ecosystem
A builder could be:
- An idealist
- A blockchain developer etc.
To build you must:
- Understand the ecosystem
- Have a Team
- Have a simple unique product
The buildoorrs, these are the people with the innovative ideas to create unique products in the Defi ecosystem
A builder could be:
- An idealist
- A blockchain developer etc.
To build you must:
- Understand the ecosystem
- Have a Team
- Have a simple unique product
• Defi Jobs
This is an interesting aspect of the DEFI ecosystem, where you are a major contributor to the improvement of the ecosystem.
Examples of defi jobs:
- Blockchain dev
- Project Management
- Community Management
- Marketing
- Alpha calling
Web3 jobs by @SamuelXeus
This is an interesting aspect of the DEFI ecosystem, where you are a major contributor to the improvement of the ecosystem.
Examples of defi jobs:
- Blockchain dev
- Project Management
- Community Management
- Marketing
- Alpha calling
Web3 jobs by @SamuelXeus
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Like ❤️ and RT 🔄 first thread
Drop your comments😚
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