Friday May 14, 2021
Episode 22: Lots of Innovation and High Yields on BSC: AutoFarm, Ellipsis, and Belt
Binance Smart Chain has become the haven of DeFi innovation. This week we cover three innovative projects offering new mechanisms to increase yields and provide more utility.
AutoFarm has become my go to place to compare yields and stake. AutoFarm provides automatic compounding on Pancakeswap, Bakeryswap, Belt.fi, MDX, and many more, while adding their own $AUTO rewards.
Ellipsis is an authorized Curve-like project on BSC, providing high-liquidity swap on stablecoins. Ellipsis also has a unique lock-in mechanism and rewards that allows it to offer sustainable (so-far) high yields.
Belt.fi offers single-asset vaults by lending your coins across multiple other project, automatically balancing and switching between projects.
After doing some research, I decided to use Koinly for my taxes. If you'd like to try it out, please help support his podcast by using our Affiliate Link.
Please support this podcast by using out SuperWorld and using our affiliate link.
Please note that I am not a financial advisor and nothing in this podcast constitutes a financial advice. Please do you own research before investing or trading!
Telegram: t.me/defipodcast
Twitter: @CryptoDanDeFi
Email: info@cryptodan.club
Home Page: www.cryptodan.club
Mentioned in this episode or otherwise relevant:
- AutoFarm
- Ellipsis
- Belt.fi
- Koinly
- SuperWorld
All content provided on this podcast is for your general information only. We make no warranties of any kind in relation to our content and services (such as token swap functionalities), including but not limited to accuracy, security and up-to-dateness. No part of the content and services that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose, nor any dealing in (or promotion of) securities for which a license is required. Any use or reliance on our content and services is solely at your own risk and discretion. You should conduct your own research, review, analyze and verify our content and services before relying on or using them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.
Music credit: "Sora No Iro No Kuruma" and “Five Passengers - No Smoking” by Springtide on //freemusicarchive.org/
Art credit: //pixy.org
Special effects credit: Kinoton on //freesound.org/
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.