3.19B% APY sound good to you? Sounds good to me!
Another day, another high interest rate revelation!
I thought it was a big deal that my friend was making 1 Billion % APY…
At that rate you’d make back your money back in under a month!
Warning: this is not a step-by-step guide. If you are knowledgable and savvy you could figure this out easily enough though.
A friend shared their investment with me, and it was another eye-popping percentage rate that defied logic. With just under $25,000 invested she was earning over $1,000/day.
First, she had $10,403 invested in the TITAN/IRON pair on Iron Finance (https://polygon.iron.finance/)
See that highlighted APR of 1,651% in the upper right corner? Divide that by 365 and get the daily percentage rate of 4.52%. …
How to lose and win a bunch of Crypto in a day…
I’m excited for the next Pharm release. They are actually called “Degen Farms,” but I prefer to call them “Degen Pharms” as it sounds more illicit, like drugs, like day trading, like alley sex.
Degen pharm trading runs, like crypto, 24 hours a day. At any time one can enter a pharm, make some quick cash, then get out.
Being a Degen Crypto Pharmer is being a sucker fish sucking on the teat of the leavings of a crypto pharm created in a couple hours effort from a…
How I was making 63,860.66% per year on my crypto investment…
Judging from some of the responses to my last article “84,000% APY on Pandaswap” some folks consider me a shiller of the lowest degree:
All I can say is, there’s a hidden world of astronomical ROIs. This world is not without risk, in fact it’s full of risk, so if you’re not prepared to get rugged (lose all invested) in 1 out of 5 Degen farms, then this world is not for you.
But I’ll tell you, the 4 out of 5 degen farms that are profitable can more…
GTFO, how is that possible?!
On April 27, 2021 I started yield farming on Pandaswap, a Binance Smart Chain (BSC) swap created by BAOman. At the time, the RHINO-BNB Panda farm, cheekily called “Rhino Remoulade” was returning 84,000%. That’s 230% per day. So, for a $3,000 investment the 1 day return was around $9,900.
Not a how-to article, more about how to think about this unique farming opportunity.
There are plenty of walk-throughs on how to actually farm BAO. Here’s one:
BAO is an interesting project. Supposedly doing some things similar to SNX, with the ability to do derivatives, blah blah blah.
If you’re not a dev, do you really understand what is going on with these tokens you buy and sell? If number go up, does it even matter to you?
What I find more interesting in farming BAO is it’s unique lockup period — 95% of…
Will the SEC cripple Ripple? What does this signify to coins deemed not a security, such as Bitcoin, Ethereum…and Kin?
Since the SEC lawsuit against Ripple, the XRP token has taken a big hit, down to $.20 from $.66 in a month, a 68% drop. The last time XRP was this low was 6 months ago, July 2020.
Meanwhile, KIN, a token whose creator Kik Interactive has just settled with the SEC, has gone up over 1,792% in the past year.
Some see similarities between the two cases, others differences. The XRP Army is more likely seeing similarities, as a…
“My centre is giving way, my right is in retreat; situation excellent. I am attacking.”
Quoting Field Marshall Foch in the Battle of the Marne, Kik/Kin investor Fred Wilson defiantly surveys the field in his blog post “Hard Decisions” after deciding to close Kik, laying off 95% of the staff to focus on Kin.
This was back in September 24, 2019.
Leaving only 19 core members of the Kik team to focus on Kin through their SEC fight, it must have felt grim, but the post reflects his determination.
Of course, a legal win for Kik would have been the…
“Savings” is a misnomer. It should be called “Hemorrhaging.”
If one takes the top 10 Bank US Banks and averaged their savings interest rates, the result would be .33% APY. In other words, a third of a percent per year. If you invested $10,000, that would net you $33 by the end of the year.
Did the Carnivore Diet dissolve my Gallstone? An Update…
Back in January 2nd, 2019 I wrote the following:
I was very specific about the title. I didn’t say that the Carnivore Diet cured my gallstone; it did cure the attacks I was on the receiving end of every couple of days.
For someone who spent every other night for a month, from midnight to at least 6am in sleep-deprived agony, having the pain magically stop was nigh well a miracle.
And being pain free has continued to this day.
In that article I explained my interpretation of the science behind…