[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 13 KB, 400x400, Lite.jpg [View same] [iqdb] [saucenao] [google]
28334148 No.28334148 [Reply] [Original]

I tried doing my own research on this stuff but I'm new and don't understand much of the lingo. Can a kind anon please tell me a little bit about the following concepts and how they're different to each other? I wanna know the risks and rewards associated with each one:

>Liquidity pools
>Staking
>Farming
>Lending

I also feel like this kind of thing is only profitable when you have a relatively large investment (let's say $5k+). Is it worth it when you have less than than?

Thanks for the help anon.

>> No.28334694

>>28334148
In will take you at least 300$ to stake and another 300 to unstake your shitcoins anything less than 10k is not worth staking with current prices of eth.

>> No.28335018

>>28334694
Don't unstake. Stay poor nigger.

>> No.28335055

>>28334694

I feel that's an exaggeration no?

>> No.28335608

>>28335055
It's anti-anything that runs on eth fud from avax,ada,bnd chink loving niggers. Just buy aave and watch each token grow to 5k, Anon. If you want to park your shit, park it in AAVE, MAKER and Compound. If you really want to stake, use SNX or AVEE.

>> No.28335838
File: 2.92 MB, 2048x1517, 1611480230544.png [View same] [iqdb] [saucenao] [google]
28335838

>>28335608
SNX or AAVE*

>> No.28336056

>>28334694

Also what about staking on Non-ETH services.

>> No.28336366

>>28335608

I don't really understand what staking is though.

>> No.28336446

>>28336056
If you're a yuropoor and thinking about using a chink exchange kys. If you're a poo thinking about using a chink exchange mystery. If you're and American considering using a chink exchange, 1 chinance.us is limited and 2, kys and your entire bloodline.

>> No.28336758

>>28336446

I like Binance though.