Do you have the governance token? How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?
We are planning to release our governance token in March. We're currently running AirDrop, so get involved! =)
Do you have the governance token? How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?
If I'm not mistaking, they use of dYdX flash loans helps to increase the rewards
Regarding your question on lending - Mr. SOCAR answered everything correctly, we use dydx loans, and you can see the deposited volume and loans directly in Compound.
Do you have the governance token? How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?
I also saw the project now and I confess that I also don't understand it very well and I have the same doubt that you have. I'm reading more on their website and since I don't have a telegram it gets very complicated because if I had a telegram I would ask this question on their telegram channel. so I suggest that you ask this question on their telegram channel:
https://t.me/defirexWhat you are talking about is our official Telegram channel, where we publish mainly project news and new functionality for Yield Farming.
You can ask any question you are interested in here on the forum, or write to our Telegram chat:
https://t.me/defirex_chat_en . We will definitely answer any question that interests you!
Verifed links about DeFireX
As I got this system can provide both yeld farming and swapping options. And the best are DAI and USDC. Or it is better to use only one yield pair?
How much should I hold to get good rewards monthly?
And what is it better to use? Your opinion
That's right! You can use 1 asset for Yiled Farming in DeFireX. You don't need to have 2 or more assets in your wallet, but you can. For example, you can farm both DAI only and have an open account in both DAI and ETH at the same time! I'm not sure if it would be a good idea to recommend an investment strategy, but most of our users choose to farm with DAI because it is the most reliable way to make profit in stablecoins with the most attractive APY percentage on the market, without the risk of a deposit drawdown.
I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?
The AirDrop results will be distributed in March, and AirDrop itself has been underway for several months, using the snapshot technology. You can read more about this in our
Medium article.
Including this program, but this is not the main part of AirDrop, which will take place in March. This Bounty Program offers DAI rewards using the Binance Smart Chain! So join in and be among the first to win! And be sure to visit our website with the updated personal account interface.