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RE: Saturday Savers Club: Enjoy Your Coins Staking

in FreeCompliments • 3 months ago

Great job on hitting your weekly goal, and I'm sure you'll get it this week too!

Those are some nice gains in the liquidity pools! I've just joined a few liquidity pools (like CENT, STARBITS, and SPORTS) but not nearly at the same level as you lol!

As a newbie to the liquidity pools (and second layer tokens in general), would you recommend reinvesting your rewards back into the pools or staking them?

For context, at first I thought that staking was the best way to earn rewards on your tokens, but then I found out about liquidity pools! In your opinion, what is the best way that you have found to grow your token wallet?

3 months ago in FreeCompliments by
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         3 months ago 

        It depends on the project and your availability to curate. Staking means curation, otherwise your voting power does not provide much value to your stake.
        Another option to consider with the pool is the volume. If you have a small volume do not join a pool, I will propose to stake it and let it grow then join a pool that offers rewards because many pairs in liquidity pools are not rewarding investors.
        Hope it will help you.
        🙏

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               3 months ago 

              Yes that is a huge help, thank you very much!

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