The original post: /r/cryptocurrency by /u/kafka-if on 2024-12-01 17:08:16.
So lately i’ve been learning about web3 and liquidity mining again after seeing high APY’s and potential for relatively safe gains and whatnot. After making a few beginner mistakes and not noticing the sometimes extremely high gas fees I’ve noticed that most of these pools are not worth it because of their volatility and fees.
I have always been relatively content with bybit flexible staking rewards and now added some positions is stable liq pools on beefy. But DAMN! It cost me a lot of money and time to figure it all out. Aggregators, bridges, wrapping and chains. There are even some AI pools that switch your coins between pools based on APY. The main conclusion I made is to never stake on the eth chain lol, insane fees to enter the iron bank! Anyways what are your strategies and tips? I feel like this is not discussed a lot and deserves a sub in and of its own.