Make your stake back in less than 2 days.
I am currently test driving Polyyeld, a farm on the Polygon network, but from the looks of it, it could be a winner. Similar to Polycat, it has an auto-yield function where it does the harvesting and restaking for you.
Clicking on that calculator icon in the upper right we can see the one day return:
70% 1 day return.
So, the current price of Yeld is $675.45/token. If you deposit $1,000 worth of Yeld, if the price held, at the end of 24 hours your $1,000 would turn into $1,700.30.
Can I get a high five?
Give it a week, and $1,000 would turn into $40,007.
Unreal.
And YELD has been on a rise lately:
So, the the final amount may actually be higher at the end of the day.
Please be aware of Impermanent Loss if the price falls, but chartwise this seems to be a good entry still.
Also note: There’s a 0.1% fee if you unstake with 3 days. If you stake $1,000 it amounts to $1. Not a deal breaker if the price plummets and you need to exit, but something to be aware of.
INSTRUCTIONS:
- Add Matic Network to your Metamask wallet.
- Bridge assets from Ethereum here: https://wallet.matic.network/bridge/ or Binance Smart Chain here: https://evodefi.com/bridge
- Go to Polyyeld.
- Swap assets to YELD using the Yeld exchange: https://exchange.polyyeld.finance/#/swap?outputCurrency=0xd0f3121A190d85dE0AB6131f2bCEcdbfcfB38891
- Stake your YELD in their Vault: https://polyyeld.finance/vaults
- Enjoy your 70% yield a day!
If your Metamask already is on the Matic Network and you have assets to swap, just go to Step 3.
Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/cryptozoa/polyyeld-1-day-return-70-61f64f0bb68b?source=rss——-8—————–cryptocurrency
