📈 Web3 TLDR: 💵 Web3 TLDR Guide: Where Do I Find High APY DeFi Staking?
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This edition is sponsored ...
- 💵 Web3 TLDR Guide: Where Do I Find High APY DeFi Staking?
- 🏝️ Metaverse's Role In Preserving History
- 💸 El Salvador's President plan to Buy One Bitcoin Every Day
AND NOW THE NEWS
Web3 TLDR Guide: Where Do I Find High APY DeFi Staking?
Let’s look past all the CeFi “hoopla” of the last few weeks and focus on how you can put your coins/tokens/assets to work for you. If you’re a HODL’er and hate watching your tokens just sit there idle, DeFi staking is for you. Let’s start with where you can find high APY DeFi staking. I use two major aggregators in this space; TLDR-style. As always, do your own research when investing:
DeFi Llama
Possibly the king in this space, DeFi Llama is the place to go for the largest TVL aggregator in DeFi. You can find a ton of projects here with their current staking APY rates and much more. As long as the protocol has installed the adapter needed to transmit this information to DeFi Llama, then they will be listed here. It might be a little daunting at first, but starting with the two sections DeFi and Yields might be the easiest way to get started and understand what chains have the best projects to invest your tokens into. Eventually, as you peruse the rest of the vast information they provide, you’ll see why this has become a one-stop DeFi hunting shop for so many.
Nanoly
Nanoly, formerly known as Coindix, is somewhat of a new one for me. I believe it offers just as good a product as DeFi Llama, but with a streamlined interface and not as much info thrown into your face. You can find best projects and highest APY offerings here as well.
You can think of DeFi Llama as for more expert crypto users, while Nanoly is a bit for the beginners. Still, two of the best DeFi aggregators out there.
Written by: nikethereum.eth / Medium / Mirror
Metaverse’s Role In Preserving History
The small island nation of Tuvalu, in the South Pacific, has announced their intention of using Web3 tech in order to preserve its' culture and society for future generations. Tuvalu's Foreign Minister Simon Kofe announced in a climate summit how they are looking for ways to protect the country's heritage against rising sea level due to climate change. Hoping to leverage the Metaverse, they want to recreate their history.
As highlighted by Minister Hon @Simon_Kofe in his speech to 🌍 leaders at #COP27 we have had to act. As rising sea levels threaten to submerge our home we have made a radical plan for the survival of our nation. Visit
Save #Tuvalu. Save the world.— Tuvalu Ministry of Foreign Affairs (@Tuvalu_MJCFA)
Nov 15, 2022
In a live stream, Kofe said, “As our land disappears we have no choice but to become the world’s first digital nation.” As they begin to build their world, it will become the first digitized nation in the Metaverse.
Although other nations have opened up tax offices, and embassies in the Metaverse in the hopes of connecting with the younger generations, none have what Tuvalu is planning to do. Good to see the Metaverse expanding, even during this (deep deep) bear market!
Written by: nikethereum.eth / Medium / Mirror
This Issue Sponsored by Nerm
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AND BACK TO THE NEWS
El Salvador's President plan to Buy One Bitcoin Every Day
The president of El Salvador and Justin Sun, the founder of the Tron cryptocurrency network and Grenada's ambassador, are accumulating bitcoin at a rate of 1 BTC per day. President Nayib Bukele tweeted late Wednesday,
We are buying one #Bitcoin every day starting tomorrow.
— Nayib Bukele (@nayibbukele)
Nov 17, 2022
Dollar cost averaging (DCA) is a strategy for buying bitcoin on a regular schedule rather than in response to market fluctuations. DCA removes the emotional aspect of decision-making, resulting in a lower dollar cost in the long run compared to when timing the market (assuming the price continues to go up). Some believe bitcoin has the risk of falling to $13,000, down 76% from its record.
Written by: WarBiscuitNFT
One Last Thing...
Learn your shapes
— Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA)
Nov 17, 2022
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