Crypto #19 #Farmer

I became a "farmer" because I invested in USDT-BSW Pair in Yield Farming. According to the information provided, the APR at that time was 181%, and it has dropped a little today. Looking at another data ROI, it is 0.5% per day, It has already calculated for me, the investment is US$1,000, the daily return is about US$5, and there are 5.26 BSW grains. Remember that the price of the currency can rise or fall, and there is less chance of return.

Investing in Yield Farming also depends on another data APY, which is 521%, and the explanation has already stated that it is "compound interest". It has been said that compound interest plus time, the return can be high, and compound interest that appears on Yield Farming can increase the return.

I believe this is the attraction of Yield Farming. "Farmer" means the operation on YP. What is a farmer's job? The real work is to "harvest" and "sow". On YP, after investing in LP Stake, you can harvest (receive) BSW every day, and then invest in another new LP, and then Stake the next time to achieve compound interest.

Mathematically, the principal is 1, the daily income is 0.005, the daily total is 1.005, and the compound interest is reinvested every day. The first day is 1, the second day is 1.005, the third day is 1.015...the thirtieth day is 1.16...after 365 days a year it is 6.17. It can be seen that the income is more than 6 times, assuming that the income APR remains unchanged and the currency price remains unchanged.

The income of liquid mining is very high. However, everyone should pay attention to one thing. In this compound interest investment, the BSW coins received last time must be added with new funds USDT before they can become a USDT-BSW Pair as an LP, that is, the system Invest 50% of your capital. Due to the short investment time, the investment income is unknown.

In reality, in this pair, 50% compound interest requires a lot of money. I believe that mathematicians have a scientific way to express it. As an investor, I believe that in this pair, the income of a certain part (intuitive) is based on everyone. The investment of the latecomers, the funds of the latecomers are given to the income of the earlycomers, commonly known as "Ponzi scheme". When the new funds are stopped, the distribution of coins will stop, and then only the coins will fall to zero, and all investment will be lost.

The above are just my personal thoughts. The development of Blockchain is inevitable. Investing today is for the future. If you want to reduce risks, remember to diversify, diversify, and diversify your investments.

Farmers do not necessarily have a harvest when they plant, so they need to spread out different fields, different crops, and different methods to ensure income.

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