/biz/ - Business & Finance

[Anonymous No.55625820]

Whats an APY and how do I profit off Curve? It is legit too confusing for my sub saharan negro brain

[Anonymous No.55625838]

If you can't even do a simple Google search and read the meaning of APY you will never make it.

[Anonymous No.55625839]

>>55625820
if you are too lazy to even google it yourself, you dont even deserve an answer

[Anonymous No.55625852]

Don't worry OP I got you covered before people here come to troll you with bait replies
https://www.investopedia.com/terms/a/apy.asp
Thank me later

[Anonymous No.55625853]

>>55625838
>>55625839
One single working braincell

[Anonymous No.55625897]

>>55625838
>>55625839
>>55625853
Based
https://letmegooglethat.com/?q=What+is+an+APY

[Anonymous No.55625901]

>>55625820
You put money in something, meaning you staked that money. You take it out whenever you want (sometimes you must wait X amount of time), you get your money back + interests.

Think, loans.

>How do I profit off curve?
Search for projects you like and see if they got a pool in their platform. Look at the % they give for staking there.
Here's a good one, this is for $KAVA. Look it up;
https://curve.fi/#/kava/pools/factory-v2-13/deposit

[Anonymous No.55625921]

>>55625897
/thread

[Anonymous No.55625938]

>>55625901
what's the difference between kava and all other APY around?

[Anonymous No.55625948]

>>55625901
an addendum to this faggots post
do not. lock. your money. anywhere. ever.
NEVER.
no matter how confident you feel about the shitcoin you stake, no matter if its only for a week, doesn't matter if you get a lot more for doing it
DO NOT DO IT
>DO NOT DO IT
ONE bad day and ANY alt will go to SHIT. this is true today, this was true before and this will be true in the future, crypto is VOLATILE. the most volatile kind of asset you can have in this fucking planet.
DO NOT LOCK ANY MONEY ANYWHERE EVER NEVER

good luck op!

[Anonymous No.55625954]

>>55625921
Besto comento

[Anonymous No.55625976]

>>55625948
Top tier schizo fud. I like to see some quality popping up from time to time

[Anonymous No.55625991]

>>55625901
this will pay in wKava, not Kava the normal token. wrapped tokens are the same og tokens but their data is on another blockchain. you bring it to the blockchain they belong and then you can redeem.

[Anonymous No.55626003]

>>55625901
So what are the actual benefits of staking KAVA?

[Anonymous No.55626004]

>>55625948
Don't listen to this tranny OP, he likes cock in the ass and he has mega AIDs. Feel free to lock yourself in and marry your asset for 2+ years. Get that 200% increase in APR.

[Anonymous No.55626015]

>>55625820
>>55625901
Based.
https://curve.fi/#/ethereum/pools/factory-crvusd-8/deposit

[Anonymous No.55626026]

>>55626003
You get to be a honorable member of the Cosmos ecosystem by providing them with some much needed exit liquidity :^)

[Anonymous No.55626034]

>>55625820
GAS ALL WELFARE NIGGERS WHO'D RATHER HAVE THEIR MONEY SITTING AROUND
I WANT MY FUCKING BULLRUN AND YOU NIGGERS ARE KILLING MY CHANCES FOR ANOTHER ONE

[Anonymous No.55626036]

>>55625897
been a real while since the last time I saw someone post this page

[Anonymous No.55626045]

>>55625948
Now that's the spirit, anon.

[Anonymous No.55626050]

>>55625991
or you could say their value is pegged to kava and call it a day too.

[Anonymous No.55626059]

>>55626034
>what is passive income
>"you must have autismbux and neetbux because you stake shitcoins every now and then dont you"
relax and stop fighting shadows. biden already said no freebies to student loans and their eternal generational wealth warfare and no more monies for ukraine either.

[Anonymous No.55626070]

>>55625948
A MAN CHOOSES.
A SLAVE OBEYS.