Overview of staking $SPELL at Abracadabra.money (you get sSPELL for doing so, their interest-bearing rebase token) – against which you can take out a $MIM loan. Plus market commentary on Dani’s recent market buy of $SPELL and their most recent “Merlin Candle” for sSPELL hodlers like myself.
New Youtube Video: "Using Votium and Snapshot.org with Delegated, Locked Convex to Maximize Your vlCVX Incentives"
Overview of using Votium.app and Snapshot.org with your vlCVX incentives to get your bi-weekly “bribes” from protocols who are rewarding $CVX holders for their valuable Curve.fi voting power.
New Youtube Video: "Claiming $SPA post 5 day bonding period of $DAI at Spartacus.finance - and then exiting $SPA"
This video gives an overview of how to claim your $SPA on Spartacus.finance after depositing and bonding $DAI.
New Youtube Video: "How to Set Up Fantom Opera Network in MetaMask & Get $FTM via the Fantom Foundation's Discord Faucet"
Learn how to set up the Fantom Opera network in your MetaMask wallet in 5 minutes.
In crypto, staking is a form of investment. The crypto owner leaves their coins in a sort of bank so the blockchain can use them to efficiently validate other transactions. As an investment staking is a relatively low risk (at least for crypto), but it can provide good passive income, provided you do it right.
In crypto, “degen” is short for degenerate. It describes someone who chases after seemingly promising opportunities without conducting sufficient prior research. Being a degen can certainly be a bad thing, although it’s commonly used by crypto traders (who do in fact do their research) to jokingly refer to themselves.
Impermanent loss is a risk that comes when providing liquidity to a liquidity pool. Impermanent loss happens when your reward for providing liquidity is lower than if you had just held the coins in your wallet. In other words: You took your chances, and you lost.
We get it – we love the DEXes, Liquidity Pools, NFTs, Discord, etc. as much as anyone. But hey, we still gotta wear something in meatspace, right?
That’s where we can help.
FUD is an acronym for fear, uncertainty and doubt. While it is wise to approach any potential investment with great care, in crypto the term FUD is typically applied to fears, uncertainties and doubts that are unwarranted. FUD can be eliminated by greater research and understanding – or a bolder mindset.
A quick video showing you how to mint an NFT on Paintswap and then list it within the marketplace to sell.