Minting a Team — My own Ooze strategy.
I am writing this article based on the understanding that you already know what Ooze Finance is, and how it works.
If this is not your case, and you want to learn about this Defi project, I will leave links to other medium articles and the official ooze Finance channel on YouTube, at the end.
It's good to start by saying this is not financial advice, yada yada yada, that's my strategy, its new to me too, you are always responsible for your own decisions.
I invested in ooze finance in the pre-sale, I didn't know what to do, I'm not experienced with ROI Dapps or team building, and Ooze Finance, is unlike anything that ever existed in Defi, so, all new to me.
Every week I sold a portion of the liquid Ooze (the ones I held in my wallet), and I soon realized that it wasn't making sense. First, the project is still being discovered, we are few investors, compared to the potential of it, so the price is constantly appreciating. So the Ooze I sold today could be worth more tomorrow. Second, every sale of Ooze for USDC incurs a tax of 10% of the amount.
Now, why would I sell, if I can mint an NFT??
Using my withdrawn Ooze to mint NFT’s gives me some advantages over simply selling:
- I can mint an NFT referred to my main account NFT, and build my own team. This increases my XP and balance through rewards. And gives me a lot of sources of income.
- I have another NFT that I can compound up to a higher balance to sell for more.
- Selling this NFT actually contributes back into the system with fresh capital increasing the price making my Ooze bags worth even more.
- I am earning 1% a day on those NFT’s, and you get your deposit tax back in a few days.
- The Marketplace is on FIRE! They are selling!
This strategy gives us, normal investors, who don't have a large group of people following us in the TG, Discord or YouTube, to build a team, and enjoy all benefits of that. And there are still so many strategies to be discovered in relation to the team building itself, I think this conversation will be left for the next article, when I've tried it for a longer time.
Following, my NFT @CryptoTio has already 12 Order of slime referred direct to it, one is my second account, others are NFT's I minted for selling on auction or giveaways.
The last week I have sold 2 OOS, and this week I have 3 auctions to end, all of them with bids, total 5,000 FTM (that's my ROI with profits right there). I have 4 other OOS NFT's listed all on auction for a week. If they don't sell, I can chose what to do at the end, compound and raise the NFT balance and value (and give rewards to the GURU), or claim to maybe mint more NFT's, or redeposit on the main account, so many plays.
If ooze price appreciated that week, which is being constant, you can list it again on auction, and maybe get a better deal, its a win-win, selling it or not, you get some. In a few days you get your deposit tax back. I mint all NFT's with max kickback, so I have a better chance of them getting deposits and being compounded.
Ooze is a strategy game, and there are so many ways to play it.
This is not proved yet, but it is the way I'm playing, its so fun minting and following the NFT's appreciation and auctions on going. I'll keep doing like that, and I'll tell you more on the next article.
I'm not even going to ask you to join my team (but, if you want, I always offer max kickback at @CryptoTio ), I am building it already, and don't want to promise airdrops =D (I want to mint). If you are buying NFT's on marketplace, look for the 75% kickback ones, or you will be giving away a LOT.
See you in the next one.
Links to learn more about Ooze Finance:
https://www.youtube.com/channel/UCeOPwhEMyw9iXI5zbnUdmng
https://medium.com/ooze-finance
Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links. ALWAYS DO YOUR OWN RESEARCH!
