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29075280 No.29075280 [Reply] [Original]

Have you guys started farming AVAX on Pangolin yet, anons? im sitting on ~$400 monthly for free

>> No.29075390

>>29075280
This post was made by a roach

>> No.29075748

The fucking future anon... for sure

>> No.29076048

>>29075390
so, I take it you arent farming?

>> No.29076190

>>29075280
redpill me on farming this. how does any of it work? I've never farmed anything before

>> No.29076421

>>29076190
You spam transactions, and as a reward for making his network look active, Emin gives you bonus blocks

>> No.29076527

After the double farming episode, you need to be a complete shameless scumbag to come shill this shit here, OP.

>> No.29076683

>>29075280
what in the god damn niggering fuck is farming i just put myself through the ringer on mcap, swaps, staking, smart contracts, gas, oracles, smart chain and more...what is farming im so god damn tired of being poor

>> No.29076781

>>29075280
You mean $800 a month due to the double spend feature though, right anon?

>> No.29077514

>>29076190
You literally just put your money on liquidity. Depending on how people are moving coins on Pangolin, you get money. Thats pretty much it since you're literally providing them with liquidity to move the coins around

>> No.29077605

>>29076683
its for rich people

>> No.29077900

How much do you have staked?

>> No.29077943

>>29077605
Its not really just for rich people. But being rich does actually help a fair bit

>> No.29078016

>>29075280
I'm going to stake some avax. How long should I stake it for? Max on binance is 60 days the 90 day one is sold out. Is this a good idea?

>> No.29078111

>>29077514
Probably a retarded question, can I withdraw AVAX from binance into my AVAX x chain address? Assuming that's how it works

>> No.29078343
File: 167 KB, 660x502, yields.png [View same] [iqdb] [saucenao] [google]
29078343

115 * 13,45 = $1,546.75 a week for doing nothing feels good man

>> No.29078397

I'm farming every day and every night pal

>> No.29078447

>>29077605
tonight im going to take my life anon

>> No.29078508

Pool got nuked today, whales finally moving in and killing yields. It was a comfy week though.

>> No.29078515

>>29077514
Can you explain to me with retard words how to start farming ? I got a bag of avax stack on the wallet but the %return is not great and I have never done farming
thanks

>> No.29078544

>>29078343
Is this supposed to be a lot? I don't get it

>> No.29078685

>>29078544
It is when you consider my initial investment was only $7k.

>> No.29078974

Would I make more farming on pangolin instead of avax wallet?

>> No.29079121

>>29078016
why stake when you can pool?

>> No.29079283

>>29078343
fuck i have double that in AVAX staked

missing out on serious gains here bros

>> No.29079544

rewards for providing liquidity dropped like a rock

>> No.29079554

>>29078343
Is all this yield farming even legit? I mean those interests are insane. And how do they pay you, in avax or in png?

>> No.29079625

>>29078447
https://www.biblegateway.com/
https://scripturesforamerica.org/player2.html

>> No.29079722

>>29078016
AVAX is in a good place, go for 60 and relax, its gonna go up in the next few days considering dip time is over

>>29078111
Yes, thats how it works, X chain is for exhanges

>>29078343
Dayum boi, i thought i was making a lot, thats insane.

>>29078515
Page couldnt be simpler to navigate, you just need to put your AVAX on whatever pool you think its best and wait for results.

Bear in mind that rewards are getting a little lower the more people farm kek.

>>29078544
It kind of is considering that, if he bought at $4, hed have a ~27% profit on the first week and it'll all just be easy gains from then on

>>29079283
sad memes

>>29078974
if you mean staking vs farming. that would depend on when you do it, Staking gets better the more the price increases. Farming gets worse the more people farm but does get good the more volume of transactions happen

>>29079544
its still better than staking for now though

>>29078447
dont

>> No.29079746

>>29079554
In PNG, currently PNG is worth around $13 or 0.3 AVAX.

https://pangolin.exchange/tutorials/getting-started

>> No.29080125

>>29075280
How much did you put in what pool?

>> No.29080185

>>29079746
is there a finite or infinite amount of this token? It almost seems like a ponzi with that insane API.

>> No.29080193

>>29080125
25 avax, im poor as shit so the yield is crazy for me

>> No.29080330

>>29080185
https://pangolin.exchange/litepaper

'Distribution Breakdown
No PNG tokens are allocated to the team, investors, advisors, or any sort of insiders. Therefore, Pangolin is entirely community-driven and entirely community-owned. PNG is capped at a supply of 538 million tokens, 100% of which will be distributed to the community'

pls DYOR

>> No.29080377

>>29079121
What's pool? Is that when you provide liquidity by buying both AVAx and USDT?

>> No.29080435

>>29080377
yes, not limited to AVAX and USDT, for example I am using the AVAX and LINK pool.

>> No.29080774

>>29080435
So how do you do that ? you buy LINK and buy Avax, connect metamask to Pangolin, go to pool and add both coin to a pool ?

>> No.29080866

>>29078343
where do you see the screen that shows you how much per week you're getting? confused how to get there

>> No.29080996

>>29080774
pretty much, I only had AVAX so I transferred half into link using pangolin's swap feature, you need equal parts of each, eg 50% avax, 50% link, make sure you save enough to pay fees though, both to put in and to withdraw.

The rate isn't as good as it used to be, see how much PNG it'll give you and decide if it's worth to you.

>> No.29081153

>>29080996
Can I use binance to buy the coins and do this?

>> No.29081164

>>29080435
That sounds really good. Is this all available through binance? Does it work the same way staking does where you need to keep it locked up for a certain number of days. I'd like to look into the different pairs available if that's possible.

>> No.29081298

>>29081164
Also for staking the fees aren't high. But the way you're describing it the fees will be a lot higher if you want to add to the pool.

>> No.29081417

>pool in the actual liquidity pool for trading fees
>pool for PNG, sell immediately for AVAX
Which has higher returns? Assume doing both compounded

>> No.29081524

>>29081417
pool, hold PNG

>> No.29081533

it's beautiful bros
https://cchain.explorer.avax.network/

>> No.29082020

>>29081524
>hold PNG
I don't get this meme. PNG right now costs 0.3 AVAX which seems completely overvalued. Mcap of about 10% of AVAX (UNI is 1/3rd of ETH).

>> No.29082043

>>29081533
i have tears in my eyes

>> No.29082076

>>29082020
1/3rd of that compared to ETH *

>> No.29082096

>>29075280
bonus blocks

>> No.29082182

>>29082020
Maybe because AVAX is criminally undervalued?

>> No.29082237

How much APY?

>> No.29082478

>>29082182
I know, but my point is PNG would have to outgrow AVAX to make holding worth it holding onto instead of going just for AVAX. I don't see that happening at 10% of AVAX mcap, maybe for a short time after the unlock but PNG/AVAX mcaps should approach a similar ratio as UNI/ETH have. Which would mean more gains from holding AVAX and not PNG

>> No.29082567

>>29078343
tfw 506 avax staking until 3rd March. What are the chances the current APY will be the same then?

>> No.29082583

>>29082478
The assumption that the UNI/ETH ratio is the target might not be correct. There are more dapps in the ETH ecosystem. AVAX only has Pangolin. So Pangolin is a greater percentage.

>> No.29082625

>>29080996
there is one thing I don't get about farming, let's say :
-I buy 40 Avax on Binance
- Transfer them on Avax wallet, swap is for the C-chain
- Transfer my Avax on metamask
- swap half, 20 Avax for ETH for liquidity pool
But how do you store the ETH on the Avax metamask chain ??

>> No.29082849

>>29082583
Exactly, which is why I just sell my PNG for AVAX right away.
PNG will probably fall in value relative to AVAX as soon as the ecosystem grows. I can't think of a reason why it would outgrow AVAX at the moment.

>> No.29082930

>>29081298
its all done through pangolin, just google pangolin exchange

>> No.29082929

>>29082625
Use the ETH AVAX bridge
aeb.xyz

>> No.29082939

>>29082849
Yeah now that you mention it, Dapps on Ethereum have historically underperformed ETH.

>> No.29083294

>>29075280
what is the apy?

>> No.29083363

>>29078447
Anon doesn't hurt himself!

>> No.29083507
File: 123 KB, 1345x597, Screenshot 2021-02-18 165313.png [View same] [iqdb] [saucenao] [google]
29083507

>>29083294

>> No.29083810

>>29083294
about 500-600% non-cumulative right now if you play your cards right, but its highly doubtful this will last for a long time

>> No.29083855

>>29075280
What pair and how much?

>> No.29083897

>>29083810
>but its highly doubtful this will last for a long time

Are we talking days, weeks, months?

>> No.29083916

>>29083507 >>29083810
what should I choose from them? And do I have to lock my coins there for a certain time or not?

>> No.29083966

>>29080996
How do I see how much PNG it will give me?

>> No.29084005

>>29076048
roach farms are highly profitable in china. they eat inbred bigs like you

>> No.29084064
File: 13 KB, 229x221, B533922F-3A42-4DB7-A595-4C891B2FE121.jpg [View same] [iqdb] [saucenao] [google]
29084064

>>29076421

>> No.29084136
File: 14 KB, 200x200, 92A572F8-DE60-4B83-94AA-0B12B0ABB0D2.jpg [View same] [iqdb] [saucenao] [google]
29084136

>>29076781
kek

>> No.29084181

>>29083897
hard to tell, depends on total liquidity but also the PNG exchange rate. I'd assume by early march latest we will see a large drop with the vesting stop and coin unlock due to massive liquidity influx

>>29083916
depends on your risk preference. pooling always has a high IL risk for unstable pairs. right now the highest return is on most PNG-based pairs, those pools still are somewhat underused and thus you get the greatest share from your liquidity.
no time lock on any staking, but a small transaction fee for each deposit / withdrawal

>> No.29084241

Let's say i provide 50% avax and 50% link.
What happens if avax moons and link stays where it belongs?
I will lose stats when i swap link for avax afterwords, right?

>> No.29084402

>>29084241
https://uniswap.org/docs/v2/advanced-topics/understanding-returns/

>> No.29084739

>>29082625
When you swap AVAX with ETH on pangolin.exchange you're getting AVAXED ETH, not original ETH. As the other anon pointed you can also bring your ETH to the Avalanche network instead of buying from the exchange.

>> No.29084771

>>29084402
That made it clear, thank you.

>> No.29084866

>>29079625
what reading plan should I do

>> No.29085622

>>29083855
AVAX/PNG

Only 25 AVAX

>> No.29085684

>>29085622
Only 25 AVAX? Holy fuck