As @ethereum begins to rise I've noticed a greater interest in #DeFi. I manage a small tik tok page where people who are curious in #alts generally have their first experience learning about erc-20 and altcoins as a whole. I generally shill @UniswapProtocol to them and some of
my followers have made a decent amount of money. However, almost every person involved with #defi is shocked to meet the first road block in gaining wealth, #gasfees. I spent over 1k on gas in Q4. This leads people to want to explore different options for #dapps other than $UNI
I posted a reddit post not too long ago on different #DEXes .
I explored many popular options in my search for the cheapest gas. First was @SushiSwap they are the biggest name in DEXes other than UNI. Long story short they didn't save me much money, but provided different ways of
becoming a liquidity provider and making passive income off of #staked tokens. Next I tried @1inchExchange and I truly liked this product. The only issue with @1inchExchange is that it is a little more technical than $UNI or $Sushi. I made some mistakes when learning 1Inch and
lost some money because of this, but overall it is a service I will use again without a doubt. Then I stumbled upon @WhiteSwapFi. This #dapp is just starting up. In fact they aren't listed on @coingecko or @CoinMarketCap. At first I was hesitant to use them because I couldn't
find much information on the #DEX itself. However, anyone who knows me knows that I am a sucker for moon shot. $WSE has some incredible #APY for LPs and as an investor it is hard to deny such rewards. I threw a small bag into a #stablecoin liquidity pool and not only did I make
a surprising return, but I earned $WSE along the way and lots of it. I decided that I could become a whale for @WhiteSwapFi if I kept my liquidity on their platform. BEING A #WHALE IN #CRYPTO IS THE BEST INVESTMENT YOU CAN MAKE. PERIOD. Long story short if $WSE hits the market as
a true #DEX competitor I will be sitting pretty. Lastly, I tested @PancakeSwap they provide some great #liquidity pools that I played around with as I use LP as a way to preserve and grow my $ETH. All in all, I think its hilarious that all #DEXes have funny food names. I think we
should keep foods as a trend in crypto. Basically, all I learned in this experiment is that good #DEXes are named after food. Just goes to show you why $doge does so well. Trendy millennial named companies must be easier to market in some way.
You can follow @TimBaldwin_.
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