Liquidity Mining (Updated)

I have officially moved all of my existing liquidity on BSC onto the Osmosis and Sifchain Dexs. Will use BSC for the WZNN extravaganza in a week but these 2 are great.

I've found with the BSC liquidity mining and DEX's in general are mostly just a clone of Uniswap. It's hard to tell which one will have a good return and which one will be totally worthless. I've been wrong about a few projects like windswap and this fucking mouse swap finance. Osmosis and sifchain are not clones of each other and hopeuflly will work to compliment each other in the cosmos world. I really think that there will be a period where the Cosmos ecosystem grows like $ETH or $BSC has. Hopefully the scammers don't show up and overload the ecosystem with worthless meme tokesn and honeypots.

Sifchain. This project is just getting going. Recently enabled IBC and ability to deposit Cosmos tokens like ATOM,, AKT< DVPN, XPRT, REGEN $IRIS for low fees. You can trade wrapped versionf of ethereum tokens and hold them in the Sif wallet. This is a feature I will use in the future. I have never completed a trade on Uniswap and any Eth tokens I have aren't for utility and dapps. The fee to transfer from metamask goes from $20 to $175). It's cheapest to send the Eth to KuCoin and buy Atom and withdraw it. Their liquidity mining program is pretty sweet. It's very complicated to explain but the final APR should be around 280% APR if you go day 1 through 6 weeks. Rewards are in $SIF. I see this project with lots of potential as a cross chain and cosmos ecosystem DEX. They are located in California and US customers are banned from accessing the website along with a list of others. I think this is the reason the project hasn't exploded in popularity yet. First off it kills the spirit of decentralization being able to block a whole region of people from accessing. The reason is because they plan on enabling derivatives and futures trading in the future. There is no other DEX's I'm aware of that block people in the USA. Centralized exchanges like Binance do that. TVL is only around 15million.

This project is one I'm not super confident in long term and it has a long way to grow still. The underlying tech is really good. The current product is not very good. They are in beta still so I don't expect it to be perfect.

Osmosis. I got into this one with a similar outlook as Sifchain. Wasn't really sure about it but the rewards were great and it seemed safer tha BSC with lack of rug pulls and total shit coins. THey only have like 8 or 9 tradeable coins at the moment The TVL is ~450 million .This has been the best project I've done liquidity mining with. I am not afraid whatsoever of a rug pull and the APR has been between 200 and 560 percent a year. I locked all my LP tokens for 14 days because that offered the highest rewards. I've watched the $ value of my Osmo wallet double along with the value of my LP tokens. If I was to withdraw my coins right now I would have 13 more $AKT and a little less $OSMO.. They seem to balance out and both grow with time and I don't plan on removing that liquidity for a long time. Every few days I will use the $OSMO rewards from LP mining and staking rewards and restake the $OSMO.