I am not sure how often I will make these posts.
Maybe daily, because I think we will see some interesting things happening in the next few months, so to start a daily “watch” over this space won’t be the worst thing in the world…
What determines these yields?
Well you can see there is a “liquidity” column. This is how much the total farm is worth.
So if you are 0.1 % of the total then you will be getting 0.1% of the total payout for that farm.
The calculator on this page is interesting, the best thing to do is only look at the “daily” yield. If you want to calculate the monthly yield just do daily times 30 instead of clicking monthly. I believe these calculators are assuming you are compounding the yield. Not sure why the calculator does that but I am sure there is a reason.
There is a risk of impermanent loss, so keeping an eye in your pair is not the worst thing you can do. You can also pull out at the right time, put back in in the right time… but to do that successfully full time you have to be really intelligent and focused.
The way I see it, if you don’t mind having more of one side of the pair than the other then you can sit back and enjoy these massive yields.
The other thing that affects these yields is the price of INC. INC is the incentive token that is paid out to thiese farms. So if the price if INC goes higher you can expect these %’s go up too assuming liquidity stays the same.
Eth/pls is a nice pair, I can see them both going up quite a nice amount while paying almost 75% apr…
These are real numbers.
I have seen them lower and I have seen them higher… for a full year already…. This won’t end, my daily post should make this clear… there’s always a Day 1 for something… today its Day 1 of sharing PLSX farm yields…
Btw, these are dynamic numbers…. The figures can be completely different by the time I post this let alone by the time you read it… but thats the nature of cryptocurrency, the swings are wild!
Posted Using InLeo Alpha
Plenty of liquidity on the PLS/PLSX pair, and the interest is very good. We like the 20% interest on HBD around here, and the yield on this pair is comparable.
For those that do not know, PulseChain is a full state fork of Ethereum, just like Hive was a full state fork of Steem. PulseChain has a token called Pulse ($PLS) which pays the (very low) gas fees like $ETH does on Ethereum.
PulseX ($PLSX) is the token for the PulseX decentralized exchange for PulseChain, so it is like $UNI for Uniswap, but better. A percent of exchange fees are used to buy and burn PLSX.
So the PLSX-WPLS LP is like UNI:ETH pair in one way - in terms of the importance of the tokens to the chains they are on.
This is My Opinion, Not Financial Advice! :)
Thanks for sharing the chart and this info and your thoughts on what is happening with these Farms! Looking forward to more.
great summary ! I wonder how many more on here are family with the Pulsechain ecosystem.
Its always hard to predict which coin will do what but the ETH/PLS pair seems like a good mixture of high yields and potential for high gains… but, I do see plsx making more X’s than ETH so maybe dabbling into a couple of farms is better than just picking one to go all in with 🤷🏻♂️ imagine one day a pHive/pls farm hahaha
Not too many PLS friendly people here. But https://peakd.com/@hilarski has been here for years. He has that $NOPE token on PulseChain. But he hasn't posted in about 6 months.
Heidi from Crypto Tips YouTube channel was here almost from day 1 Back in 2016. https://peakd.com/@heiditravels I mention her because she did a decent interview with RH back before HEX launch and it might have been where I first heard of him and HEX so I'm thankful she gave him the time to talk about his project.
If there are others, they aren't saying much. When I look at https://peakd.com/created/pulsechain it's mostly you and me. :)
oh I didn’t know @hilarski was on steem/hive
I think he is involved with this coin in the photo in some capacity
And wow that Heidi clip is from the OG days haha nostalgia for sure!
I see leo/hive team working on bridging with eth I keep telling them to also work with pls for the low fees. They have nothing to lose and everything to gain pairing with pls
Ya, I think Randy is providing some liquidity for $solidx on the 9inch exchange.
I like the OG memecoin $BEAR and the memecoin/stablecoin $pDAI, both already up a lot from early days. I'm sure we will see new pumping tokens on PulseChain again, just like SOL has had its share and BASE might have some next.
I still think there is some chance our HIVE memecoins like #PEPE and #PNS and #BECK might get some action in this bull/memecoin season!
We definitely need a way to/from PulseChain from here at Hive!
Maybe Hive-engine will do a SWAP.PLS or maybe Leo will do some bridge. I feel like it should happen. I am familiar with moralis.io, the company IvanOnTech started. I'm not sure if he supports PulseChain yet but he has talked about supporting it. If he does, that will make it a heck of a lot easier for devs to make a way to get in/out between Hive and PulseChain. We'll see what happens. Maybe I'll be the one to make such a gateway :)
And by the way, Ivan is HERE too!
https://peakd.com/@ivanli/wallet
He has over $3000 worth of Hive and HBD.
But he hasn't posted since back in the ST**M days.
He has even more $$$ over there, with the price of SBD being over $4
https://steemitwallet.com/@ivanli/transfers