Worth buying a few thousand of pic related if you just hold it? No yield farming or anything of the sort

Worth buying a few thousand of pic related if you just hold it? No yield farming or anything of the sort.

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yeah

Not buying is a mistake.

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Why would you not want to take advantage of the low-mcap legit projects on fantom though.
We know fantom is about to blow up, so its projects will too.

SoulSwap Finance, still under 10mil mcap/tvl and has fantom foundation's support.
pic related

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yup, if you arent wanting to take advantage of the absolutely ridiculous aprs, at least go for holding some of the gems on the network. Once ftm moons, they will go even harder..most of the good protocols are having their price action massacred by the market even more so than the network token....while we might see ftm 5-10x relatively soon, nearly all the projects will turn that into a 100x...couple that with yield farming (making sure to set up a strat to reduce your IL) and you could have some serious wealth on your hands

Stake it on the network

What projects would you recommend? I’ve just been staking through fwallet and have ~30k to throw into something

Based and checked.
Yes.

I would take a look at NBK, Pooch, Spirit, and fang...although nbk and fang are kind of shaky right now...although they could pull ahead if they did a little more, fang is abysmally slow with implementing their tokenomics and passing value from their nfts to their token holders. Spirit is probably the strongest play and there are many many ways to strategize with them...im about to snatch up a lot of spirit again really soon, going to lock up a big portion of it and Lp the rest.

thanks brother
What do you think about tomb?

This will be the Sushiswap of Fantom.

I think there are better options. Tomb only holds peg because a billionaire props the project up. Scarab has recently introduced a new system that will help maintain its peg, well see the effects of it over this coming week starting tomorrow, this is literally the last time to buy in at this price. MVfinance is also a great choice, they use NFTs to generate revenue for their seigniorage protocol (royalties and mints are used to buy LP tokens for the protocol) there is also a game being built right now for it that will generate revenue to help the peg...MVfinance is not a seigniorage protocol first, like all the others. It simply uses the mechanics to bring awesome profits to its games players.

nice, I'll check it all out. What about farming soul? 30% apr seems nice

soul is definitely a decent play but I have a feeling we are a long way off from anything significant with them. With them I feel like any significant upward price movement is going to be dumped on by bond redeemers. The idea they have of getting protocol owned liquidity is awesome and if the exchange does well they will have a nice solid base...but its going to be slow. Soul is one of the tokens that I am just watching on the sidelines, I throw all my power behind spiritswap for an exchange play, my current inspirit rewards are too awesome and I am about to 3x-4x what I have there, its going to be great..especially with the bribes...were on week 2 bribes and the return so far has been great, once we have protocols fighting for votes, the apr each week is going to be astronomical, especially when there are multiple choices, so your votes wont be super diluted.

Look into reaper.farm farms and do your own strategy.
dyor into their token too, just launched =)

oath bros we gonna make it

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Tomb and Scarab are my comfy plays for passive income

SpookySwap already exists you cancerous shill

checked
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