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Is it worth staking random no name coins for 120-300% APR?

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by COINS NEWS 133 Views

Hello fellow degens, I was looking at my epic 10 cake being staked for a year on pancakeswap (opens October ????).

And it hit me like a truck, there’s tons of coins that give 80-300% APR, and it’s on the farm section, so you can unstake and harvest the profits whenever you want.

So let’s admit it, there’s a good chance these coins will go now where. So it’s probably not a good idea….

But what’s stopping someone from putting $10,000 in, and from $10,000 in 1 day they’ll get $82.

So I know it’s super risky, but there’s actually a decent chances of getting somewhat good returns if it you do it really fast, I won’t say the coin. I’m not shilling, but there’s one with 277% apr, you can take it out and sell it the second you put it in.

It’s not like it locks it away, fellow degens what’s your take on this topic? Is it a good opportunity, or something to stay away from.

submitted by /u/Only1Shock
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