- This topic has 5 replies, 3 voices, and was last updated 5 months ago by Mrjoker.ghettoblaster.algo.
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April 28, 2024 at 5:33 pm #533Mrjoker.ghettoblaster.algoParticipant
What platforms are your favorite for Defi, LP, staking, or farming?
Mrjoker.ghettoblaster.algo
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April 28, 2024 at 5:35 pm #534Mrjoker.ghettoblaster.algoParticipant
I like Tinyman for LP and Farms, mainly because the LP tokens stay in your wallet, and are easy to track in my Defly wallet.
Cometa is a favorite for misc community and meme tokens.
And i like Pact for adding community tokens to LP, because you can add to 1% fee pools.
Mrjoker.ghettoblaster.algo
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April 29, 2024 at 1:51 am #549hypercosmKeymaster
I learned that Cometa has staking pools, so I’m going to create one for $HYPE.
That’s a nice utility to have: https://app.cometa.farm/stake
Also, like Vestige for vaults. They’ve got some good options. Made a couple vaults and it went smoothly.
Yeah, the LP tokens are nice. I know Folks is going cross-chain, you know if that’s happening with Tinyman too?
HYPERCOSM.ALGO
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April 30, 2024 at 12:07 am #576PodgeParticipant
My favorite is probably Pact – just easier to stake/farm with a couple clicks, while tinyman usually takes 3-4 clicks! Double the amount, it’s blasphemy! I do use and like both though.
Following them all (vest folks tinyman pact etc) on twitter and discord – haven’t seen anything about tinyman going cross-chain.
Ever since Humble.sh’s prop was voted down this past governance, they have been pretty darn quiet in discord and twitter. Last I read, Humble said “they still have some plans” but that was a solid week or two ago, and their pools have pretty crummy apr’s for now. I used to have some LP on Humble last cycle just to diversify and support Humble a little, but unfortunately not anymore. The more players we have in the Algo ecosystem the better.Stockpile.algo
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April 30, 2024 at 2:36 am #578hypercosmKeymaster
Agreed, the more the merrier. I used PactFi last gov. period because they were offering a bit more.
Also, use Tinyman plenty and everyone knows about it, so trying to spread the usage/lp a bit. Good point on UX too though, that stuff matters!
HYPERCOSM.ALGO
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May 6, 2024 at 6:03 pm #597Mrjoker.ghettoblaster.algoParticipant
I havent used Humble since the alchemon days. That was the only place to farm $alch tokens for a good while.
I vaguely remember Chris Swennor saying last year that Humble had enough funds to stay up for a year or two, and they wouldnt be going anywhere, but im not a fan of the UI, and the low liquidity has proven the pools dont get used as much anymore.Still a fan of Pact, mainly because you can claim from the farms in real time,
But most of my LP remains on tinyman.
I agree about there being more clicks on TM, which can be a pain when you need to recommit to the farms, Im hoping the launch of the $Tiny token, and its utility for autocompounding can fix some of that when it launches in Q3.Q4 Tinymans roadmap says “Cross-Chain Expansion/Swap” and “Decentralized Treasury Management”
So it looks like theyll be branching out after the $Tiny launch.I also think a $Hype pool on cometa would be dope.
I would try to make one for LP, and maybe a token for token too.
If only LP, id add a little time lock on there (7-30days) so people are encouraged to keep it there for a little while.I also created a HYPE/RWA pool that I roll my farmed $RWA into periodically.
Mrjoker.ghettoblaster.algo
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