Wanted to do a quick thread on @AngelNodes and discuss some strategy on how to approach this unique #Node on the #BSC. Check out details below.
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2/ First, a little about. @AngelNodes is a part of the @nemesis_dao ecosystem. They launched in early Feb. and the price currently sits at around $5 / $Angel. Relatively stable price in the past two weeks. What is unique about these #Nodes is that you can upgrade your nodes.
3/ Upgrading is confusing at first. It doesn't cost anything to upgrade, however, an upgrade to a #nemesis give you a 25% ROI or 1 $Angel/day. However, the catch is that, depending on the #Node, the upgrade takes time (66 days, 33 days, or 11 days).
4/ During the upgrade time, YOU DO NOT COLLECT REWARDS. This basically is your 'payment'. However, the bet is once your upgrade is done, you will get a nice reward on a daily basis. So far, I have 1 #Nemesis node that makes 1 $Angel/day, which right now is $5.
5/ Now this presents an interesting strategy. Here's how I'm playing this:
- Cheap Node is 17 $AngeL or ~$85/today's price
- 1 #Nemesis node = 1 $AngeL / Day
- 1 New Node every 17 days
- When node is bought, upgrade immediately
- 66 Days later, get another #Nemesis node
6/ Now, I have 1 #Nemesis node and 2 upgrades pending. They each have 35 and 50 days left until they each produce 1 $AngeL / day. Before the first one start producing 1 $AngeL / day, I can create a new 'cheap' node twice and begin the 66 day upgrade process, 2 weeks apart.
7/ 35 days from now, I will have 2 #Nemesis nodes giving me 2 $AngeL / day ($10/day today's price), with 3 upgrades in progress, each maturing every two weeks. At this point, I plan on TP 1 $AngeL/day and compound the other $AngeL into new nodes, keeping the 2 week maturation
8/ cycle going. This means that starting 30 days from now, I will be TP, while also continuing the #Compounding process for new nodes. This strategy will ultimately allow me to receive an additional $5/Day (assuming today's price) every 2 weeks.
9/ Every two weeks after this point will continue to deliver an extra $70 in rewards as each #Nemesis node matures. This is pretty good compared to other #Node projects. Looking forward to seeing this strategy through.
10/ #Nemesis nodes also allow you to unlock up to 33% ROI using a 'discount code', however, this is pretty gimmicky to me. You can post your code to discord/here and when someone redeems, they receive 6 #AngeL. Please use my code: MetaPop. No one really uses it, too much comp.
11/ Last note, they have a promo until 3/24 to purchase the mid-tier Node for 40 #AngeL. I had an airdrop of 8 #AngeL today + rewards, so I took advantage. This is upgrading and will be done in 33 days, so I'll see a double in rewards 30 days from now. Will track and post daily.
12/ Hopefully this thread helps with a strategy you can take advantage of using @AngelNodes. Pretty new, but good project. The team is solid and @CertiKTech audited. If you benefitted from this thread, please like, retweet, and give me a follow! More to come!
2/ First up is @tombfinance. Rough week for the price of $TShare, mostly driven by decline in $FTM. Think bottom is close, so adjusted strategy to take advantage of $Tomb printing once it starts back up again. Shifted $TShare / $FTM LP back to @tombfinance.
3/ Next is @HectorDAO_HEC. Project announcements really jumped the price, we'll see if it holds. Jury is still out on the performance of $HEC, but might turn a corner soon.
2/ First let's take a look at @tombfinance, staking $TShare / $FTM LP in #autofarm@Reaper_Farm. @FantomFDN#drama caused some lower price action this month, but Tomb shows some consistent returns. Don't care about price, I care about #Compounding
3/ Next, let's look at @HectorDAO_HEC. APR is slow and steady and this project is pretty boring with very low returns. Price action continues to decline, but looks like a bottom is near. The pivot to a bank and $TOR saved the #rebase project, but we'll see what happens with $HEC
4-Week Summary on daily tracking. Have good data now for 1,2,3, and 4 weeks now. Also added tracking for the #NodeLife investments. Data from last week is not perfect since I was in Dubai, but extracted decent averages so numbers are fairly accurate.
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2/ First is @tombfinance, staking through @Reaper_Farm. Considering I bought $Tshare at ATH, the LP staking has seen the most consistent APY and returns so far. Still down, but the LP amount is growing, which is all I care about for the first few months.
3/ Next is @HectorDAO_HEC. Price has seen a hit the last month but is stable now. They cut the APR a lot and released a lot of #DEFI utility. I have no idea how this will affect the price of $HEC, but the last month has only produced ~$20 in value. Might exit once even.
2/ It's interesting to see how the #DAOs are all figuring out how to survive. Most #DAOs have seen a 90%+ decline in price last month. As I mentioned in last week's thread, they are a great way to raise funds quickly:
3/ @tombfinance has seen the best returns so far, although I'm still down overall. $TShare price is fluctuating, but the #APR is adjusting beneficially when the price is low. Using @Reaper_Farm has been seamless and I've been happy so far.