Eleven BUSD Miners (update on previous 6, and 5 new ones)
Choose the best place to farm your crypto stablecoins
I am enjoying quite a few BUSD miners at the moment. Especially with the current market fluctuation and some bearish moves, I like being able to count on the relative stability of this stablecoin.
Last week I wrote about six new BUSD miners. In this article I’m going to give a quick update on how those miners are doing, as well as tell you about five more places where you can farm BUSD.
Obviously there is always risk attached to defi projects so invest wisely. Generally the higher the ROI the higher the risk so take that into account as well. I like to have a mix of low and high ROI projects as I see it as a blend of short- and longer-term investments.
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- You can join my Telegram group here .
- My two best investments recently have been Furio and Wealth Mountain
- You can see all my articles here.
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First: An update on the previous List of BUSD Miners
In no particular order…
Daily Percentage: 12%
Audit: Encrypto Security
TVL now: $3163 (increase of 37% in last week)
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Daily Percentage: 16%
Audit: George Stamp
TVL now: $6300 (decrease of 8% in last week)
I have successfully made my first withdrawal, which was 36% of my initial investment.
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Daily Percentage: 5%
Audit: George Stamp
TVL now: $216'000 (decrease of 12% in last week)
I could have taken out my first withdrawal, but decided to keep it in the protocol as I see this as a longer-term play. Will most likely make an additional investment.
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Daily Percentage: 1 to 5%
Audit: SafuAudit
TVL now: $1'094'000 (increase of 44% in last week)
I just hit my 40th day in the protocol which means I have made 160% back on my initial investment.
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Daily Percentage: 1.8%
Audit: Ethos Audit
TVL now: $14'000 (decrease of 81% in last week)
Project seems to be dying quickly.
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Daily Percentage: 1.8%
Audit: Cyber Crimeshield
TVL now: $139'000 (decrease of 21% in last week)
And Now the Five NEW BUSD Miners
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Daily Percentage: average of 4%
Audit: George Stamp
TVL now: $10'800
It’s a new Avarice miner and new website. Earn BUSD and you can also stake any BAVC you’ve earned from the other site. I’ve already staked both BUSD and BAVC.
Check out the new Avarice Miner here.
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Daily Percentage: 8%
Audit: George Stamp
TVL now: $3'577
I’ve already made my first deposit.
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Daily Percentage: 3%
Audit: Haze Crypto
TVL now: $58'900
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Daily Percentage: 3%
Audit: Encrypto Security
TVL now: just about to launch
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Daily Percentage: 9%
Audit: Haze Crypto
TVL now: just launched
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BONUS MINER (BRAND NEW)
This is a brand new BUSD auto-miner, which looks like a fork of Wealth Mountain. It has an increasing ROI the longer you stay in the project.
Check out BUSD Autominer here.
This project is looking extremely good as well. You can read my full article on it here…
I would be wary of the following BUSD miners:
- Frost Flakes
2. SoccerBUSD v2
(Update on SoccerBUSD: Yesterday SoccerBUSD announced that they will be launching a new project within the next few days. And they decided not to honour those who didn’t unstake in their previous failed project. To me this is a highly negative move, and not one that gains the trust of potential, or previous, investors. Personally I will not be investing in any further projects of theirs. )
And, as always, please remember there are always risks associated with these miners. Please only use risk capital when investing. There is always a possibility of a project not working out.
Additional Things to Note:
- My two best investments recently have been have been Furio and Wealth Mountain
- You can join my Telegram group here .
- You can see all my articles here.
- I’m not a financial advisor. This is not a financial advice, whatever you read in my articles are strictly for educational purposes.
- These defi projects are all high risk and high reward, only use risk capital and be careful.
- This article contains affiliate links.
- Most of these staking dApps use locked staking which means you can’t take out your original investment.
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Disclaimer: I am not sponsored by any of the projects/companies mentioned in this article. This is not financial advice, the information in this article is for educational purposes only. Never invest what you can’t afford to lose. I disclaim any liability or loss incurred by any person who acts on the information, ideas, or strategies discussed in my articles. Do Your Own Research.
Don’t have Metamask? Here’s how to set it up
The first thing you want to do is set up a Metamask wallet (if you haven’t done so already). Just open a Chrome or Brave browser and go to metamask.io and click add Chrome extension.
Then you need to add the Binance Smart Chain to your Metamask Wallet.
Click Ethereum in your wallet, then scroll down to Add Network.
Click that and add the following details:
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
