Quote from: minersday on Today at 02:04:18 AM

Quote from: joinfree on Today at 12:44:10 AM

Decentralized Finance has opened the way to several other features of earning and generating yield in this space. Now we have gamifi, metafi who knows where this space will metamorphose into in the coming months. Crypto trends move very fast but sometimes I feel crpyto enthusiasts keep on missing out on some of the very ways of generating, growing, and compounding yield while chasing all these new flash in the pan projects that promises x amount of profits yet, in the end, they just become like white elephants.

Staking and providing liquidity is my main game plan anytime I look at DeFi projects. I admire the fact that you're in total control of your investment unlike we have it on lending platforms. Not saying lending is not good though but I feel the committed funds could have done something small other than just earning that tiny APY being offered.

Catching early birds on staking or farming when a project launch is a great way to earn in any DeFi project you're part of. If the APY doesn't get flooded by community members most likely you are likely to gain your initial capital in a few days and start profiting! The beauty of Decentralized Finance!

Ahh, tell me more about this fast space hehe.... Within a year, we have had trends of NFTs, DeFi, Metaverse, Gamifi, Metafi. Talking about DeFi and the simplicity that other projects are bringing to it. Projects like Defiyield, YOP Finance, Revault Network, Pstake Finance.

Among all these defi platforms Pstake finance is the one I use the most as it has an easy to use interface and also lets you compound your stakes in various forms.

For example: when if you deposit a token A the platform automatically mints you mints you a 1:1 token pA. Once you stake the minted pA you, the contract automatically gives you a wrapped version of the staked tokens. The supper cool thing about pstake is that these wrapped version of the staked tokens can also be used to generate yield in other defi protocols offering any form of staking or farming in those pairs.

Bottom line, Pstake Finance is the protocol that allows crypto enthusiasts to tap deeply into the efficacy of their staked Proof of Stake assets.

Their website https://pstake.finance offers all the details you may need just in case anyone wants to look them up.

Quote from: minersday on Today at 02:04:18 AM

Quote from: joinfree on Today at 12:44:10 AM

Decentralized Finance has opened the way to several other features of earning and generating yield in this space. Now we have gamifi, metafi who knows where this space will metamorphose into in the coming months. Crypto trends move very fast but sometimes I feel crpyto enthusiasts keep on missing out on some of the very ways of generating, growing, and compounding yield while chasing all these new flash in the pan projects that promises x amount of profits yet, in the end, they just become like white elephants.

Staking and providing liquidity is my main game plan anytime I look at DeFi projects. I admire the fact that you're in total control of your investment unlike we have it on lending platforms. Not saying lending is not good though but I feel the committed funds could have done something small other than just earning that tiny APY being offered.

Catching early birds on staking or farming when a project launch is a great way to earn in any DeFi project you're part of. If the APY doesn't get flooded by community members most likely you are likely to gain your initial capital in a few days and start profiting! The beauty of Decentralized Finance!

Ahh, tell me more about this fast space hehe.... Within a year, we have had trends of NFTs, DeFi, Metaverse, Gamifi, Metafi. Talking about DeFi and the simplicity that other projects are bringing to it. Projects like Defiyield, YOP Finance, Revault Network, Pstake Finance.

Among all these defi platforms Pstake finance is the one I use the most as it has an easy to use interface and also lets you compound your stakes in various forms.

For example: when if you deposit a token A the platform automatically mints you mints you a 1:1 token pA. Once you stake the minted pA you, the contract automatically gives you a wrapped version of the staked tokens. The supper cool thing about pstake is that these wrapped version of the staked tokens can also be used to generate yield in other defi protocols offering any form of staking or farming in those pairs.

Bottom line, Pstake Finance is the protocol that allows crypto enthusiasts to tap deeply into the efficacy of their staked Proof of Stake assets.

Their website https://pstake.finance offers all the details you may need just in case anyone wants to look them up.

First time hearing about Pstake Finance and it looks interesting with this overview. I will look into this further but i think you can do this forum a great service if you can open a good thread with all the detailed information about this defi platform. It looks very interesting and I think they offer very unique services as compared to its competitors. With this concept, anybody staking his/her proof of staked tokens is earning on two fronts!