Hi Kelvin, CDC had revised their earn interest rate with effect on Apr22 onwards, making it less attractive. Can you make a video to show the most economical way to transfer out of CDC to celsius?
Hi, need to note that there are added risks for defi - Defi wallet not covered under their account protection program. The are 28 days unbonding period where you can't touch your token and earn no rewards in it (which was well covered in the vid). If validator double signing, everyone staking with that validator lose 5% of their stake. If validator jailed, no reward for the jailed period. the rate is not fixed, the more cro ppl put, the lower it goes. Note that CDC defi wallet is a different wallet to your app. you are on your own to secure and recover your wallet. CDC customer support will not be able to help you recover your wallet and funds missing in the wallet should anything happen.
Happy Saturday! Thanks Kelvin for sharing! Personally I staked CRO for their debit card and use sometimes. I chose not to use their programs coz most of them are too underwhelming and yield too little interest.
Card Staking and staking in Crypto Earn for me! But Supercharger is allocating BTC now, so just putting them into Supercharger instead of Earn to grab some free BTC during this 45 day period.. haha
Hi kelvin, correct me if i am wrong. Last month when i try to sign up for their Defi wallet, it basically says SG is in the list that cannot use their wallet due to SG regulations. I i have been just using the CDC app.
The crypto farming at Dapps from Crypto Defi wallet can earn more (>30% depend on the type of crypto pair you stake). Currently using Beefy Finance atom-cro LP 33%/ MM Finance , MMO stacking to earn Wcro 260% APY.
The problem with crypto defi is that most people don’t really understand how to play it and will likely get burnt by doing things they don’t understand. When you do LP you also have impermanent loss to consider.
CDC just changed its crypto earn. Drastic % cut for any earn rate > 30K USD and will be under tier2. Wef 4th april. 😢 What are your thoughts of even staking to icy/rose gold after the change? Is it still worth it?
Thanks for the calculation, i really loved the idea to get the CRO Token with cashback staking and co. and stake them into the supercharger to get different kind of coins and tokens..but thats soo damn underwhelming..sad
Hi kelvin can I ask u, buying cro on cdc app itself or cdc exchange is cheaper? I heard people saying exchange itself is cheaper. What are ur thoughts.
