The first week has passed since the launch of our reality show “Making Money On Crypto. Test-drive”. We will share information about which platforms and invested tokens helped us make money and which have losses.
WTON-WETH on TON Swap
The only pair where both variable exchange rate tokens are invested is WTON-WETH — on the TON Swap exchange. Initially, LP-tokens worth $200 were transferred to the exchange.
We can immediately withdraw 0.277 WTON to our wallet, and 9.291 — only after the vesting period, which is 120 days. These are the terms of the TON Swap exchange.
Considering changes in the rates of the invested tokens, a week later, there is about $213 in the account on which income from farming is further accrued. Profit is not included in this amount.
WNEAR-USDT on Ref Finance
For the week, the profit was 0.4 REF, which we can use at any time.
We have about $215 in our account, excluding profit, because of changes in the rates of the token LP-pair.
Cake on Pancake Swap
Cake tokens were invested in Pancake Swap in the amount of $201. Recall that the said exchange allows you to earn on farming by investing one token, not a pair.
Due to the Pancake exchange rate change, there is $203.6 in the account, excluding the profit.
ZOO on Zoo Game
The most adventurous ZOO-BUSD pair was sent to the Zoo Game liquidity pool in the amount of $200. We took a chance because the yield of $ 3,000 per annum looked very attractive. And we made the right decision!
KEY — tokens in which the income is accrued on the Zoo Game.
At the same time, the exchange rate changes of the LP pair led to the fact that there is now $221 in the account. Profit is not included in this amount.
The first week in numbers
For clarity, we will show all of the above in the graphs.
As you can see from the IL graph, its size did not change much over the week. This means that it did not have a significant impact on the ratio of tokens in the LP pair.
For a week on three exchanges, income from farming for every $200 invested from $1.7 to $3.4, and Zoo Game brought the most — $13. The lowest income from farming brought a USDT-WNEAR pair — $1.7.
Changes in cryptocurrency rates had a more significant impact on our earnings than theoretical profit. After investing $200 in crypto a week ago in different pairs, today we have from $203 on PancakeSwap to $221 on Zoo Game plus profit from farming.
Except for the Zoo token, the other currencies brought the basic income not by farming, but by the growth of their exchange rate.
The profit on the TON Swap and Ref Finance exchanges is close in value. In both cases, it was made by the growth of WETH and NEAR tokens. At the same time, farming income on the latter can be withdrawn at any time, and on TON Swap it is frozen for 120 days.
On the other hand, it’s been only a week, and we’re up 9%, considering the amount in all the accounts of the exchanges plus the profit.
So far, the numbers are taken from the data of the exchanges. We will get the exact profit values when withdrawing tokens from the pool. Which pair will take first place will be decided by a vote, which will be announced. And for that, we are counting on you, Free TON House readers.
What will the next week bring?