Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining is DOOMED if this happens... EIP-1559
by
geck
on 23/01/2021, 20:55:07 UTC
the problem with defi projects is the gas fee. I wait till the early mornings of weekends to do any transactions and even so, interacting with uniswap costs about $10-$15. Unless you are a whale or you don't mind locking your money up for a while, the defi space isn't suitable.

If you are not a whale, or have a modest mining operation, you can consider being a lp at binance. limited pairs, lower apy but no fees

Yeah you can’t make a ton on eth network unless youre a whale but i got into pancakeswap early at .30 now its $1
on bcs network fees are negligible, eth network is not the only network with defi projects

i have some lp positions in pancakeswap, but it is too reliant on BNB - it needs to attract more ETH volume in there. Also it needs to change the name! How is it possible for anyone to take it seriously?