Exploring SmartBCH: Maximizing Possible Ways to Earn Extra with your Stuck Fund's!

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February 04, 2022 - Friday, 05:00 PM

When we indulge ourselves with something, let us always bare in mind that there is no way of turning back and we have to make sure that we are on a hundred percent (100%) committed to finishing or achieving it and or even just surviving through the process. The worst mistake we can do once we indulge ourselves to something is to quite before trying hard and never dare the challenge your faced on.

I have indulge myself into SmartBCH with just a little bit of knowledge or let me say just an overview of what are its full potential. I don't even know that time what is Web 3.0 and what makes this evolution of World Wide Web different from the first two stages but still, because I was eager to earn and not to learn at that moment, I hop on the SmartBCH train cause I get FOMO after seeing some virtual friends on noise.cash earning extra that time.

The moment I indulge myself with SmartBCH was also the time where I was so addicted to NFT Games chill'hustler's, that's why I was late for two weeks into jumping in with SmartBCH. I have 5 NFT games last July of 2021 and sad to say nothing left after the typhoon because up until now I still can't download or update the games.

Now let's head to the main body of this article chill'hustler's on how to maximize or make passive income with SmartBCH.

Decentralized Exchange's Farms and Pools

We all know how to use the Swap features in all the DEX'es chill'hustler's but there are also many who doesn't now about adding Liquidity Pool or Staking. Adding an Staking LP to your farm is called Yield Farming in which you'll get a percentage of the total Liquidity of the said pair of tokens. In this way we can maximize and gain passive income for the long especially when the market is down and nothing you can do with your farms.

Pools feature is also same with staking but you don't need to have a pair of two tokens to be able to have a live stake on the pool. All you need is the token that the DEX has a pool of and you can directly stake it.

Farms and Pools are can be done in all first seven Decentralized Exchange's (DEX) on SmartBCH wherein in each and every DEX has a Utility/Governance Token. When you add farming and pools staking in a specific DEX, that DEX utility/governance token will be the token you'll earn from the funds you stake.

Here's a list of all seven DEX's in SmartBCH and it's Utility/Governance Token.

  • BenSwap - EBEN

  • MistSwap - MIST

  • CowSwap - MILK , formerly named MueslieSwap

  • TangoSwap - TANGO

  • 1BCH - 1BCH

  • Tropical Finance - Daiquiri (DAI)

  • DexSmart - DSMART

Adding Liquidity to a Pool on SmartBCH is not that expensive because BCH and SmartBCH has it's flagship feature as one of the Chains in crypto that has the lowest minimum gas fee per transactions and faster confirmations. It's all good even for a day, your gas fee expenses and contracts fee are just dust to the fund on your farms even if you'll add worth a single dollar per pairs and it all will be covered easily from your gains.

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AUTHOR'S Perspective

I personally have live farms and pools chill'hustler's and the strategy I'm working always is to buy utility/governance token of each DEX's. Because in this way, I feel more comfortable with the DEX I'm locking my fund with. Also, I don't have enough funds to buy all the tokens in SmartBCH but shill hopeful and aiming in expanding my own small portfolio to other tokens as well.

Locking funds on DEX are not just for the bearish market alone but also very ideal for a longterm investment and hold it for awhile on the DEX as long as you don't have emergency needs and use of the fund because you can also easily withdraw it anytime you want.

When doing farms and pools also, it would be best if your not checking it on a daily basis but recommend you to just visit it in a week or a month, others even just leave it on the DEX and forget they have a stake, I know some of them and I'm also one them... Hehehe...!!!

There are still more to talk to in SmartBCH and maybe I'll write about it on my future articles chill'hustler's and I'm excited for it.


Hello there Chill'hustlers!! 🙋🏽‍♂️ That's it for today and as always, I'm glad you reach the end again, thank y'all for always sharing your day with me, see you on the next one Chill'hustler's. Have a chill vibe love month and stay hopeful cause better days are comin', Good vibes always, Jah bless and PEACE ✌️!!! 🙏🙇

Adieux!

Title   : Exploring SmartBCH: Maximizing 
          Possible Ways to Earn Extra 
          with your Stuck Fund's!
Carewind: 43rd Article 
February  04, 2022 - Friday, 05:00 PM

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Comments

Grabehag knowledge about mga Crypto lods oi

$ 0.00
2 years ago

Grabehag knowledge about mga Crypto lods oi

$ 0.00
2 years ago

Buyag tawn lods, nakuha rasad na naku sa mga nagtudlo naku about SmartBCH lods, mga closed virtual friends nga na meet nakus noise.cash!

$ 0.00
2 years ago

Ako Ani puro personal experiences Lang jud Kaya nko ishare. Hehehe

$ 0.00
2 years ago

Okay rana lods uie, if mag focus jud ka lods, slowly sa hinay-hinay makasabot rajud ka lods.

$ 0.00
2 years ago

Pohon2x ug naa ny time and stable internet connection

$ 0.00
2 years ago

Wag kang mag alala, tutulungan kita kung gusto mo pasukin SmartBCH lods

$ 0.00
2 years ago

So that was like a Fixed Term Investment? I'm getting the idea bit by bit. Thanks for the info. I'm starting to learn how the SmartBCH works, so this article of yours is a big help.

$ 0.02
2 years ago

It's not a fixed te investment at all because its still volatile, if the token you add to the farm/pool rugs or down in value it is still affected but your still gonna earn from the farm though. Even though the price of the token drops, the income is passive.

$ 0.00
2 years ago

So it is like that. He he. But can you withdraw it anytime?

$ 0.00
2 years ago

Yes, hehe good thing you ask about it, I forgot to add it on my article. Hehe but there are farms and pool also that are Locked, like the dsmart I guess of im not mistaken, so you need to be cautious also ,

$ 0.00
2 years ago

We are assuming that SmartBCH will definitely dominate whole cryptoverse like others. A brighty bright future moving toward to SBCH

$ 0.01
2 years ago

There's a great chance buddy, the only thing lacking with BCH and SmartBCH is Major and Big endorsers, for its fast adaption to others.

$ 0.00
2 years ago

That's for sure. Btw Etherium, BTC rising but our BCH still on same position

$ 0.00
2 years ago

BCH price is not correlated anymore with BTC and ETC but once BTC rises so does other crypto follows.

$ 0.00
2 years ago

Uhh every tokens are individual but BTC works as influencer as others. Yeah you're right about that

$ 0.00
2 years ago

Its not about that it influences, BTC is the mother of all coins and altcoins/tokens and the most expensive one, that's why when BTC rises so does others because the entire crypto market usually recovers when its pumping.

$ 0.00
2 years ago

Gotcha. So that's why all tokens are dipped into red zone

$ 0.00
2 years ago

Yes buddy, if BTC pumps again so doe BCH and other coins.

$ 0.00
2 years ago