`To the farm, time to yield.
Magic Matic Maniac
Thinking about taking a bit more risk on the Polygon blockchain.
It started with PolyDoge
In the meantime I bought some TokenPocket {TP} Easter Egg NFTs. One of them actually changing the looks of the TP app. Not that many minted yet. And I guess I'm in way deeper than I thought I would let myself. Yet, I'm making sure I only invest what I'm willing and can affort to lose. That still seems like sound advice to me. And what I now want to do next is put in little more value into PolyDoge Shares {PDS}. So far ot has kept up to its promise. At first I thought that a yearly percentage in PolyDoge Dollar of over 4000 was just crazy. Just like I once thought in 2016 that blogging on a Blockchain was highly improbable. Still, I got in and was mind blown, especially on the 4th of July 2016 when there actually was a payout. That kind of feeling it was when I really got into PolyDoge.
Sure, farming, yielding and LP {Liquidity Providing} already was known for quite a while. But somehow I did not get along with blockchains like Ethereum, EOS and Binance. And the along came Poly, or Matic. For some reason that one managed to draw me in. And I'm still there, seriously wanting to invest some more. Take a higher risk. Knowing that with a higher chance of a bigger Return On Investment {ROI} there is a higher risk of losing a lot. Been there, done that, had a fortune of Doge once when that one was worth close to nothing. In the Coinomi Wallet I can still see what kind of value I pumped back and forth, at current the current price of Dogecoin. And it was not the first time that I made a stupid financial Cryptocurrency choice. When I bought my first Bitcoin {BTC} at about 600 Euro I was afraid it could drop to a few cents. So, to be more direct, this is a blog story not some great financial advice how to become ultra rich and retire early. If that were the case, I'd probably would be somewhere else right now, doing something different. Just to be very clear ...
PolyDoge Billionaire
Almost sounds like the title of some movie, but I actually was a PolyDoge {PD} Billionaire at a certain point. And that was when I discovered where this Token was used for. It had its own Farming LP Yielding site which was very easy and straightforward to use in the TokenPocket App. To my surprise it did do what it stated and getting some of those percentages per day was fun. Looking a bit around there I the discovered that what is known as the Boardroom. When I started to stake the quite expensive PD Shares there it actually offered close to 4000% payout in PD Dollar! (Which is actually pegged to the value of Matic.) Still I was hesitant to put in more of my own flesh, as a figure of speech. Did some swaps, made very easy in the TP app, and noticed it did hold most of its value. That to me was a good sign. So every PD Dollar I claimed I swapped for PD Shares and added it to my stake. Maybe not the best time, as Cryptos dropped in value. Yet I've also had been in these wave movements before. So, I think it will go back up.
Maybe I'll also buy at least one billion PolyDoge and hold on to them. As it might move like Doge did once. Have not looked into the current PD price, but it probably followed the movement of the market. And I have to do a couple of swaps, moving Tokens from one blockchain to another, but finally I will be able to invest more value into the PolyDoge DAO. Even with a few percent payout per day it still is a crazy system. It is very odd I think that this is actually possible. Yet as long as it is working I am going to use it. As it takes value to make value, or so it seems. Still being aware that it could crash like the banks did in 2008. Now, let me plan this whole thing first and then make it happen. Woof!
Have a great one!
The Boardroom, my favorite hangout.
Screenshot taken by me at https://polydogedao.net/
