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/biz/ - Business & Finance

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28951748 No.28951748 [Reply] [Original]

Hey /biz/tards, complete noob here. I was looking into yield farming and i noticed a lot of people talking about CAKE-BNB on Pancakeswap. Anyone here that tried it? Is it a reliable passive income? Yield farming or pools?

>> No.28951879

>>28951748
The most lucrative farming is on Zero Exchange, the AVAX/ZERO pair in particular.

>> No.28951933

>>28951748
yeah. I got CAKE/BNB LP's and i stake them on JetFuel finance for 1000% APY.

>> No.28952029
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28952029

of topic but what do you all think about apeswap is that shit a good investment for a 2x?
cant seem to pull thetrigger on it

>> No.28952374

I take the less risky route and stake cake on the pool on pancake swap for 143% APY

>> No.28952577

>>28952374
did that on bunny it has a 1000% APY,but I only have 700$ so I make like 8$/day so im looking for a high risk/high reward play

>> No.28953496

>>28951748
Ok anon time to be redpilled. Yield farming is high risk high reward, but the rewards are so high that if you have funds that you can afford to lose it is worth the risk. I have money staked in a variety of different yield farms on eth and bsc and I'm making more than $1000 a day. Impermanent loss doesnt matter when you have 5000% apy. Staking cake probably has less risk than some others but your "only" going to get like 200% apy. DYOR but this is the new bubble and before it pops there is big bucks to be made. gl anon

>> No.28954097

>>28953496
shill me some yield farms anon

>> No.28954451

>>28954097
ape swap has 5000% on some of their farms, but be very careful anon team and brand new. So far so good but I wouldnt be overly surprised if it rugged. EGG of course has like 2500% and seems a bit less risky. On Eth YVS has 1200% on their lp pool. I have around 20k invested in those 3 yielding $1000+ a day. I am constantly withdrawing and converting to safer assets. If any rug I just treat it as the cost of doing business. Space swap is interesting because of the shadow staking, lower apy but the safety is attractive. Dont cause my yields to drop too much faggot

>> No.28954941
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28954941

>>28954451
thank you anon, your yields wont drop im a sub 2k poorfag its all good

>> No.28956264

>>28951748
CAKE-BNB is amazing best yield ever!