Excerpts from CareYourPresent website
Crypto DeFi Farming
Crypto DeFi farming or staking can be very rewarding if you know when to enter and exit at the right time.
For those who invests in stocks, funds, etf, typical dividend yield is usually 1-5%. Those that gives you 8% – 12% are rare, or highly leverage, or something fishy about it that should warrant further investigation.
If one is interested to invest in Crypto DeFi farming, you will see the yield (APY) to be commonly at least 20% and above, with some even hit few hundreds or few thousands %.
For those who are long enough in Crypto, you should have remembered this Lamborghini calculator narrative story in OHM, Wonderland Time!
For example, 80000+% APY will give you 80x return to your capital in a year. Putting in a capital of $900 will give you $800,000 in a year! 3 Lamborghini! WOW! Why bother to invest in stocks anymore? Let’s just farm CRYPTO!...