Blur Finance, Investing, BNB-SPS Pool, BTC Bottom(?) & LeoThreads-> 243th 🦁 Curation

over 1 year ago

@HODLCommunity presents to you the 243th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope that big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll!

Blurred Vision As Blur Finance Users Get Ruggedv by @chekohler

The developers behind Blur Finance, a yield aggregator DeFi protocols claimed that it had strategies to maximize user profits, and all you had to do was buy their shitcoin and it would look for on-chain opportunities to find profits and then bring that back to LP holders.

Blur had over 754 holders on BNB Chain, according to BSC Scan, and the project recently integrated with Polygon and provided annualized yields of some 4,000% as of last week.

Once again, unsustainable APR rate and people got rug-pulled.

De-Fi was meant to be the place where people would securely get return for their investment from rewards, fees and staking APR. Yet, it seems like some parties turned the De-Fi into a gambler world where you only lose with no win.

For new investors, crypto is a hell that is too hard for them to discriminate between the good ones and the bad ones 😶

The Importance of Investing? by @arunava

Investing can be described as the process of buying assets such as Land, Stocks, Bonds, etc to generate future returns. This sounds so damn easy but rest assured it is not an easy task to achieve as the majority of the people in India actually never beats INFLATION and by which on a default basis they are unaware of the actual Importance of Investing.

This may sound contradictory to Investing but when it comes to Fixed Deposits they have almost never beaten INFLATION which means even if you lock up a Sum of Money for 5 years you will still be losing money, plus you also have to pay Capital Gains Tax which is another Loss for you. I do understand the safety of Fixed Deposits is indeed comforting but if you are interested in Investing in FDs of a certain Bank then why not buy Bonds of the Same Bank on the Open Market that offers at least 1 percent extra returns than FDs.

Many people who put their money into banks to get interest believe that they are really investing.

Sad to admit but the ones who put their money into banks for the sake of interest are losing their purchasing power while the numbers are increasing in their bank accounts.

Even in 10% inflation rate is hard for crypto projects to provide decent APR. Luckily, we have HBD that can be a stablecoin investment bag but the majority is not "truly" investing due to the delusion of inflating numbers.

🔥 More skin in the game. Staking some BNB-SPS for 106% APR. by @resiliencia

I've always been a huge fan of BNB, I think that this token has a bright future. It have really good usecases and it's widely supported by one of the biggest exchanges in the world, if not the biggest. The supply is capped at 200 millions and they will be burning until we got to 100 millions.

But there are some things I like about SPS, first of all they will release Riftwatchers, a new collection that will be redeemable by using SPS. This is some short term demand for the token.
In addition they are planning to release LAND and this will also drive some mid-term demand for the token.
I'm excited about the LAND release, I look forward for it.

The APR rates of Splinterlands pools are incredibly profitable if you have some idle coins on BNB Chain and Ethereum Network.

There are great updates coming to Splinterlands accourding to the roadmap and the tokenomy of the coins are pretty well designed if we compare the Play2Earn games that suffer these days.

Both from gamer side and the investor side, it is worth checking Splinterlands pool to be prepared for GameFi furry and Bull-run!

Bottom In For Bitcoin As Bitcoin Is Set To Make Parabolic Move by @hironakamura

Bottoms in for bitcoin a crypto hedge veteran predicts, and he is projecting that a massive rally is waiting to happen in less than a year time. In a interview Mark Yusko who happens to be Mogan Creek Digital managing partner says that the crypto winter which we are currently experiencing is gradually coming to an end that bitcoin is ready for a massive move. In he’s words he says that;

“Everything’s down since November because we had these massive liquidations of overleveraged speculation. When you get a margin call, you don’t get to sell what you want to sell. You’ve got to sell gold, bonds and Bitcoin.”

In crypto ecosystem, investors expect to test $28k Bitcoin price before the next FED interest rates are declared.

The short-term sentiment of crypto seems like pretty positive but there are also some investors that are really pessimistic about the mid and the long term due to the data from countries.

I do not really check the prices until I can be sure that the whole global economy may recover.

How about you?

I just made my first thread on Leothread and I can say I'm already addicted to it. by @gloriaolar

imagine5

One of the things I love about Leofinance and hive in general is the fact that they work everyday to improve and make blogging better everyday.
As you all know, I'm still a but new here and so most of the things I come across are new information to me. I'm just learning each day from this amazing community and I'm so glad to be a part right now.

It's even better because on twitter you need to be known before you get good engagement on your tweet. This is not so with leothread because everyone is so warm and accommodating and ready to reply. This is because lot of people are using it already as its very user friendly. It's also another way to earn also without making long post. It's also another easy way to make new friends and connection.

Let's be clear about something: LeoThreads is addictive!

If you check the daily number of threads being created, you will see more than 1100-1200 threads per day!

For a new product that is 1-2 weeks old, it is a crazy engagement rate regardless of the blockchain or timing. Imagine when we get into the bull-run and start onboarding thousands of new people.

LeoThreads is one of the projects that is going to bring many people to Hive ecosystem.
Engage, Learn & Earn!

idiosyncratic1 hive crypto hodl community curation.png

This post is created by @idiosyncratic1 to curate quality content on LeoFinance.

Hive on!

Delegate to @hodlcommunity

If you would like to delegate some HP to our community and support us; we give you back 90% of the curation rewards on a daily basis ! APR > 12% !

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