Post
Topic
Board Altcoin Discussion
Re: Yield farming or staking?
by
Bttzed03
on 18/04/2022, 10:42:03 UTC
If you're just starting, I think you could choose both of them. Now is probably one of the best time to accumulate tokens and wait for the next wave because prices of most tokens are way below their ATH. If you're going to do that approach, you might as well stake or add to the liquidity pools in more popular platforms. Keep in mind that you're not completely in control of your funds once you join a staking and/or a yield farming platform.

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Unlike in farming, you'll be required to have two cryptos.
There are liquidity pools that stable coin pairs though. I remember some platforms even have stable coin to stable coin pair (i.e. BUSD - USDT).