I buy some Badger tokens after it has been listed at Binance, and today I managed to transfer part of it to badger.finance , to try the staking.
So, to be clear from the start - I am here just because I want to earn money with crypto, let me call myself as co-investor. As so, I would like to see, what profit could I get from 1000$ invested in tokens projects. No ideology, no politics, no keeping patience - just business; if your project gives the income - that is what I and many other people looking for. If you are listing your tokens at public market like Binance - you are going to attract more people into your project - ok, let us see, what you got.
For example, when I started with BTCST tokens - its price was 140$, and on 1000$ I have got 7.5BTCST, which was staked at appropriate pool. From this staked tokens, I`ve got daily revenue in BTC, approx. 0.00002575BTC, i.e. 1.2$-1.5$. In additional, BTCST price runs up in just few weeks to the level over 300$.
Now, I am looking at the revenue I could get from staking my Badger tokens at bagger.finance, the same 1000$ (well, not same, but another).
At your forum, I found one useful tool, Yield Farming Info, and check my statistic with it:
[BADGER] Price: $52.87 Market Cap: $1,110,270,000.00
APY: Day 0.02% Week 0.17% Year 8.59%
You are staking 16.415688817973 bBADGER (20.000000000000 BADGER) $1,057.40 (0.00% of the pool).
Estimated BADGER earnings: Day 0.00 ($0.25) Week 0.03 ($1.75) Year 1.72 ($90.86)
DIGG Per Week: 5.15 ($167,197.03)
APY: Day 0.02% Week 0.12% Year 6.31%
Estimated DIGG earnings: Day 0.0000 ($0.18) Week 0.0000 ($1.28) Year 0.0021 ($66.72)
The question is simple: 0.25$+0.18$ (0.43$) - this is all the daily profit from 1000$ in Badger tokens staked?
Oh, I forget to say, how much it takes me just to stake this amounth of Badgers.
Approx 16$ to send it from Binance account to Metamask; 8$ to approve the limits of badger.finance for Badger takens tranfer; 29$ for deposit Badger tokens from Metamask to staking vault; 5$ to set the limits for bBadger tokens transfer, for badger,finance; 8$ - for finally stake bBadger.
67$ just to start earning passively… to start earning how much? 0.43$/day could not be the daily income of such expensive investition, don`t you think?