ETH is down bad. BBAD.
Many of us holding ETH probably felt like we're on a sinking ship.. (should've sold at 4k.. sigh) but it is what it is. đŽâđ¨
While most of us holding ETH hoping for pumps so we can exit (also let's be real, you likely fomo and not going to exit when the time comes)
Smart money is doing something else:
> Theyâre making 'ETH(money)' work for them, even in this sh1t*y markets.
This means not just by 'holding' and 'hoping' for a pump but:
> Holding spots for the exposure (and future pumps)
> Farming for various Airdrops
> Earning very decent returns on Yields. (19.18%)
Hereâs what they do (and how you can do too): đ
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Has been looking into @bracket_fi I think they're criminally underrated.
Here's why:
Pros
1. Backed by Binance, so uk it's real backing + binance vetted + safe.
2. Has a TVL of 1.8M, which is less than their funding (don't laugh, bcos that's an advantage for us early ppl đ).
3. No tokens, but "BARS" points, aka 100% confirmed of an airdrop.
4. Offers all the benefits mentioned (yields + exposure + airdrop) in a few simple steps, with no daily button pressing buttons and causing immense stress.
5. No locks, aka can withdraw your funds anytime.
But fair warning, itâs not all sunshine and gains:
Cons:
1. Charges a 1.5% annual fee on deposits.
2. Takes 30% of your 'profit' earned through the vault.
3. Managed by pros (humans), rare but still possibility of foul play.
4. Yields may change over time as competition intensifies.
5. Relatively new project.
For me, I still see it as a 'smarter' way to hold ETH.
If you're holding ETH and not doing anything, I think might as well give it a try.
