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/biz/ - Business & Finance

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22379951 No.22379951 [Reply] [Original]

Chainlink beluga here
What’s the best option for putting my 50,000 stinks to work
I already completed a three month term with Crytpo.com at 6% which was pretty sweet but being a centralised exchange there must be a superior choice out there with better returns and higher security
Looking into AAVE + Yearn and also bZx protocol plus a couple more options
Looking for a good balance of gains and security what is the big brained /biz/ consensus on what a fatty whale like me should do with his 50,000 stinking links I know the perfect choice is out thete

>> No.22380101

50 000?? Sell them idiot, you have more than a million worth

>> No.22380127

>>22380101
Not sure about the math on that sport

>> No.22380164

>>22380101
Am I retarded or are you?
Link is around 10$ so that makes 500'000$

>> No.22380246

>>22379951
https://app.dodoex.io/

>> No.22380263

50 000 wtf you'd have like 3? No 4 million after tax just sell

>> No.22380291

>>22380246
Just what is this Mumbai coded curiosity

>> No.22380294

>>22380101
>>22380263
the absolute state of biz

>> No.22380316

>>22380263
I should just sell I have 50,000 link that’s like 10 million right

>> No.22380374

I used crypto.com too, shame they cut down the yield. I’ve been dabbling with celsius networks but I don’t think the payments are correct, they seem lower than the 4.5% promised.

>> No.22380486

>>22379951
Dude 42069?! You should just sell you probably have like what 12 million worth? Sheesh

>> No.22380630

>>22380374
Yeah sucks that they lowered it to 3%
Will check out Celsius

>> No.22380771
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22380771

Any ideas or is /biz/ just a 90 IQ coomer board now

>> No.22380789

>>22379951
nobody fucking tell him

>> No.22380824
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22380824

>>22380789
Why the fuck not
Wait I know out of seething autistic spite

>> No.22380853

>>22379951
This is me anon. Keen to hear what others are doing too.
>20% in yaLINK
>Holding LP ready for LINK staking
>Using LINK and yaLINK to farm and dump various new projects

>> No.22380863

brzx has nice yieding but i currently only trust aave, i just hate testing out new water.

>> No.22380986

>>22380853
This sounds Chad tier
I also have 1LP read for staking IF IT EVER FUCKING HAPPENS
How does one farm exactly looking into Yearn now I take it going 75% to 100% is too risky

>> No.22381249

>>22380986
>How does one farm exactly
Look out for new farming projects shilled here. Many are YAM clones. Farming involves putting your tokens into a contract, and you receive another token as a reward which you can hold or sell. Pylon was a recent project that let you farm with yaLINK. Google yield farming for some better understanding.
>>22380986
>looking into Yearn now I take it going 75% to 100% is too risky
That's pretty high yeah, especially with 50k.

>> No.22381322

>>22381249
I'll generally wait a day or two before joining new farms. By then hopefully someone in the community would have done a rough audit. Be careful, you could lose everything.

>> No.22381949

>>22381322
What’s the percentage on yaLINK I know it’s variable but what’s the ballpark
I heard it was an insane return like 40%