Degen Saving Strategy for 100%+ APY on stable coins! $UST X Abracadabra Tutorial

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  • Опубликовано: 10 сен 2024

Комментарии • 153

  • @LittleMight
    @LittleMight  2 года назад +4

    Follow-up video - make sure you're staying in profit: ruclips.net/video/lXpSObX83U0/видео.html

  • @avanoah146
    @avanoah146 2 года назад +60

    I HAVE BEEN WATCHING SO MANY VIDEOS ABOUT CRPTO AND FOREX TRADE INVESTMENT BUT YET I'M STILL MAKING LOSSES TRADING ON MY OWN, PLEASE CAN YOU GIVE ME A GOOD STRATEGY OR AT LEAST ADVICE ON HOW TO MAKE GOOD PROFIT THROUGH INVESTING

    • @jackyrookie5474
      @jackyrookie5474 2 года назад

      As a beginner who don't understand how bitcoin trade really work and you really want to make profit from it. I will advise you to first start working with a professional broker

    • @jackyrookie5474
      @jackyrookie5474 2 года назад

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.. I will advice you not to stop trading on your own it's very risky. Seek advice of a professional trader

    • @Henry-bu7nd
      @Henry-bu7nd 2 года назад

      Nothing is going wrong, you're just not experienced enough to trade for yourself That's why I'l advice you to trade with a professional broker that will give you your profit weekly

    • @Henry-bu7nd
      @Henry-bu7nd 2 года назад

      She's Ms Jessica Anderson, one of best and trustworthy brokers when it comes to trading bitcoin. She trades, offer mentorship tutorials classes and manage accounts for clients

    • @austin4241
      @austin4241 2 года назад

      for me I would say
      investing in Bitcoin was the best decision 1 and my wife ever took because at some point we were running down and didn't know what to do anymore, thanks to my colleagues at work who introduced me to Mrs Jessica

  • @baxterperry8331
    @baxterperry8331 2 года назад +79

    You always make a nice video 😊 but I’m really tired of future predictions… it drives me crazy. I think crypto investment is better than stocks. Though I failed sometimes ago when I tried trading myself but Tisha Lauri helps me now

    • @sandrajoel5491
      @sandrajoel5491 2 года назад

      Money is an issue that everyone has for a better and luxurious life. Life was hard for me until I started making profits on my investment with the help of Tisha Lauri

    • @ivanschris6725
      @ivanschris6725 2 года назад

      Trading crypto now would be wise but trading without a professional is really bad I’m a living testimony of Mrs Tisha strategies on trading

    • @vikokin4966
      @vikokin4966 2 года назад

      Wow, amazing to see others who trade with Mrs Tisha Lauri, I'm currently on my 5th trade with her and my portfolio has grown tremendously

    • @zackfred7512
      @zackfred7512 2 года назад

      This is not the first time I am hearing of Mrs Tisha Lauri and her amazing trading skills but I have no idea how to get to her.

    • @danielstearms9523
      @danielstearms9523 2 года назад

      I never doubted trading with Mrs Tisha after seeing her POT (Proof of Trades) I have made good profit this year, I hope to make much more in future.

  • @wildfirekunal
    @wildfirekunal 2 года назад +2

    Thank you for being generous with your time (while being pregnant) in creating these videos. Appreciate it.

    • @LittleMight
      @LittleMight  2 года назад +1

      Glad you like them Kunal! I love making them :)

  • @findtalon
    @findtalon 2 года назад +3

    Thanks for breaking this strategy down, Cathryn! I'll be sharing this with my friends and network. Rock on!

    • @LittleMight
      @LittleMight  2 года назад

      Hard not to be excited about opportunities like this!

  • @soniaava9464
    @soniaava9464 2 года назад +15

    Mrs Anna is legit and her method works like magic I keep on earning every single week with her new strategy

    • @rusielisabeth3884
      @rusielisabeth3884 2 года назад

      I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Anna
      I think she is the best broker I ever seen

    • @kareemserifat7235
      @kareemserifat7235 2 года назад

      Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched
      I think I'm interested how can I get in touch with Mrs Anna

    • @saeedsofia6003
      @saeedsofia6003 2 года назад

      I lost $1200 carelessly trading on a platform then I was referred to expert Mrs Anna she recovered the loss and made an extra profit of $4600

    • @grgoivica
      @grgoivica 2 года назад

      You can reach her via WhatsApp.👇

    • @grgoivica
      @grgoivica 2 года назад

      Oh sure±④④⑦⑨①⑤⑥⑤②⑧⑤⑨

  • @uzoetochigozie3189
    @uzoetochigozie3189 Год назад

    I love the way you make things so plain and easy to understand and practice. I currently use Grizzly fi and I earn a steady income in despite the market condition

  • @blockchainmonkeyz
    @blockchainmonkeyz 2 года назад +1

    Thank you for the Quality.

  • @laziestsusan
    @laziestsusan 2 года назад

    Thanks for mentioning the gas fees straight away, no one else does and it was difficult to find out! Not for me unfortunately Just wanted to have a little test.

    • @LittleMight
      @LittleMight  2 года назад

      yeah unfort gas fee's eat up profit - this same strategy supposed to be coming to fantom soon which will help with that!

  • @george74greeceify
    @george74greeceify 2 года назад +1

    Hi, I have not understand how to receive my rewards from the highest APY, it will be cash-out into my wallet? what is the process to receive only the rewards so i can have passive income?

  • @danielvassilev7740
    @danielvassilev7740 2 года назад

    Good luck tapping those MIMs

    • @LittleMight
      @LittleMight  2 года назад

      yeah you gotta have your UST ready in your wallet when it hits. Turn on notifications for that MIM replenishes twitter account!

  • @CollosalTrollge
    @CollosalTrollge 2 года назад +1

    @Little Might : I am told Terrastation can also be used for adding UST to Abracadabra? im just confirming, because your videos says to bridge the UST from Tera-block to Eth-block

    • @LittleMight
      @LittleMight  2 года назад

      I don't believe terra station (the wallet / app) can be used with abracadabra, just UST the coin. You can bridge UST from Terra over to Eth.

  • @believeurhappy4410
    @believeurhappy4410 2 года назад

    Great clear video. Thanks good work.

  • @limalison921
    @limalison921 2 года назад +2

    Could you do a repay MIM video?

  • @garethforward3750
    @garethforward3750 2 года назад +1

    I love your videos 😁

  • @LivingandThrivinginAustinTexas
    @LivingandThrivinginAustinTexas 2 года назад +2

    Wow! This is good stuff, thank you!

  • @matthewperri7933
    @matthewperri7933 2 года назад +3

    When you do the looping mechanism, is there anything you need to do? What happens if there are no mims left halfway through the loop?

    • @LittleMight
      @LittleMight  2 года назад

      You can only get as many MIM as there are available. Keep an eye on the replenishment and have the UST ready

  • @trevorcohle5138
    @trevorcohle5138 2 года назад

    Hi! i am a newbie here so got a simple question - what is about withdrawals? if i deposit into there, can i withdraw them anytime or is there a minimum deposit term f.e. a week or month?

  • @yikhaoneo5360
    @yikhaoneo5360 2 года назад

    is it still worth to do this? and how much of UST to put so that paying all the ETH fees are worth it?

  • @diegodavila5304
    @diegodavila5304 2 года назад

    Great heads up on the intro, most content creators would skip this part for more views. Me I don't have a lot of capital, do you have a similar strategies that make good return on investment, minimizing risk?

  • @peterejimako1694
    @peterejimako1694 Год назад

    GrizzlyFi increases earnings: By aggregating liquidity across multiple protocols, users can earn higher rewards than they would by providing liquidity to just one protocol.

  • @MBRE506
    @MBRE506 2 года назад +1

    the problem is with BOTS , everything finish in 2 minutes

  • @CollosalTrollge
    @CollosalTrollge 2 года назад

    Hi, when i add the UST do i use Terrastation or Metamask, im not clear on this, I am concerned of making mistakes and fees if it is on the wrong blockchain.

    • @LittleMight
      @LittleMight  2 года назад

      where are you adding from? To add directly to anchor it would be thru terrastation, but to get it over there you may need to bridge over from metamask.

  • @misdom2838
    @misdom2838 2 года назад

    I get it that your basically giving them your UST to use, but do you have to borrow MIM or can you just deposit the UST and make money? And what are the advantages of borrowing the MIM

    • @LittleMight
      @LittleMight  2 года назад

      leveraging up to get a higher APY (up to 5-6X)

  • @neemuch1997
    @neemuch1997 2 года назад

    Hey what if I withdraw the passive income every month end like a salary out of the same 85% apy leveraged position like say every month-end I take out 85% divided by 12=around 7% every month?

    • @LittleMight
      @LittleMight  2 года назад

      make sure you watch this video for knowing when you're in profit ruclips.net/video/lXpSObX83U0/видео.html - then you do withdrawals

  • @tomytomz
    @tomytomz 2 года назад +1

    WOW THERE WAS MIM AVAILABLE YESTERDAY!? damn it!!!!

    • @LittleMight
      @LittleMight  2 года назад +2

      And this morning! I got up at 6:30 when I saw there was 50m available - was 25 within 10 mins and went quickly.
      Good news is that it’s coming to ftm soon so no gas fees!

    • @tomytomz
      @tomytomz 2 года назад

      @@LittleMight omg that would be amazing! I can’t w Eth fees 🥺

    • @josemigueldearanda738
      @josemigueldearanda738 2 года назад

      @@LittleMight Really?? Where did you read that?!?!

    • @LittleMight
      @LittleMight  2 года назад +1

      @@josemigueldearanda738 Daniele on Twitter, work in progress

  • @lawrencel3159
    @lawrencel3159 2 года назад +1

    you rock! so the method can only be done if there are MIM available in abra? hence why to follow mimreplenishes correct?

    • @aswler
      @aswler 2 года назад +1

      That is my understanding.

  • @kawu4909
    @kawu4909 2 года назад

    HOW often can i withdraw interest?is it added daily? Monthly? Every block? Thanks

    • @LittleMight
      @LittleMight  2 года назад +1

      It’s every week, so no not daily - you can check their discord for when it happens.

  • @Philson
    @Philson 2 года назад +1

    Why is the MIM so limited tho?

  • @theecryptopimp5363
    @theecryptopimp5363 2 года назад

    Good Job, thanks for posting

    • @LittleMight
      @LittleMight  2 года назад

      You're welcome! Make sure you check out this video so you know about the fee's involved: ruclips.net/video/lXpSObX83U0/видео.html

  • @nu7493
    @nu7493 2 года назад

    Great video! Very refreshing after seeing guys in dark rooms wearing hoodies saying dog coins will make you rich, then poor then rich again! 😖 Quick question: If you get liquidated, do you loose your collateral ?? Or just the positions you entered ? Thanks

  • @humanbuoy1123
    @humanbuoy1123 2 года назад

    Hey thnks for the vid - just to clarify, you're saying in your opinion its not worth implementing this strategy unless you invest $10,000? Would you explain that more? Cheers!

    • @humanbuoy1123
      @humanbuoy1123 2 года назад

      I know it's because of gas fees, but are they that expensive to outweigh the huge APY even if you only start with a smaller amount?

  • @elephantmoney
    @elephantmoney 2 года назад +2

    Imagine UST falls to 0.7 in a major market crash. Oh man that would cause some serious pain

  • @marcuslafrance1927
    @marcuslafrance1927 2 года назад

    so basically youre staking UST and with abra you can borrow more UST and have more staked, thus a higher yield with same amount of original $?

    • @LittleMight
      @LittleMight  2 года назад

      correct - but it's a long term strategy, check this video for deets: ruclips.net/video/lXpSObX83U0/видео.html

  • @tasosfrantzolas753
    @tasosfrantzolas753 2 года назад +1

    Hello ! I love the content. I had a question and thought you might be able to help:
    From what I understand, the more stable the collateral (a coin), the less risk of being liquidated from a price change.
    Thats why savvy people are using bots to grab MIM with UST collateral (it runs out in under 3 mins when they post it).
    My question is: what other stable strategy is there to maximize the borrowed MIM amount in a safe way?
    What about these pools like cvxtricrypto2, cvx3pool, yvUSDC etc?

    • @shitermlumun5186
      @shitermlumun5186 2 года назад

      +130

    • @shitermlumun5186
      @shitermlumun5186 2 года назад

      4506

    • @shitermlumun5186
      @shitermlumun5186 2 года назад

      8794

    • @Afishionado1
      @Afishionado1 2 года назад

      All of the tricrypto tokens are exposed to Bitcoin and Ethereum, so you would have to consider your liquidation risk when choosing your leverage.
      The only real answer here is: Look up the tokens you're considering. Find out what assets you have to actually stake to get them. Research the pool and get a handle on what kind of smart contract risk you're taking on. Make your own decision from there.

  • @vikeshk6127
    @vikeshk6127 2 года назад +1

    If bearmarket continues possibility of liquidation be carefull.

    • @LittleMight
      @LittleMight  2 года назад +1

      for sure, it's held peg very well so far - I also have a liq price of 0.88 now so I'm feeling ok with that.

  • @claragobbo3924
    @claragobbo3924 2 года назад +2

    Thanks for the video! How do you repay what you borrowed? Do you have a limited time to do it? The 85 % goes to repay the debt or you can withdraw it?
    All the videos on RUclips explain how to borrow MIM but none of them explain what happens after! Thank you!!

    • @djwashx
      @djwashx 2 года назад

      did you find out repayment

  • @naturehu
    @naturehu 2 года назад +1

    Super!

  • @alef3031
    @alef3031 2 года назад

    Hello there,
    Thank you so much for your content! quick question if you can help. I love the other video with the spread sheet indicating when you start profiting. With this being said is there a way you can show a video on how to withdraw profits I still can't figure out how to do it.
    Have a great day! ;)

    • @LittleMight
      @LittleMight  2 года назад

      check out this video on deleveraging: ruclips.net/video/AvhyR4n3Fzs/видео.html

  • @toshbel
    @toshbel 2 года назад

    Thank you for sharing. 🍁

  • @aswler
    @aswler 2 года назад

    Very clear and informative. Could you pls tell me if I pay the fees in Eth or directly in UST? Too bad they are not on Terra or BSC.

    • @LittleMight
      @LittleMight  2 года назад +1

      in ETH unfortunately. But supposed to be coming onto fantom network soon which will be great for minimizing gas fees!

    • @kadeemk4679
      @kadeemk4679 2 года назад +1

      @@LittleMight can you drop a video or post as soon you find out it's on Fantom 😁

  • @AfricaGanja
    @AfricaGanja 2 года назад +1

    Thanks for the information about the gas fees, i‘m not in the position to play that. I think i have to stick with anchor alone for a while, or maybe i have a look on other protocols for higher yield on UST

    • @LittleMight
      @LittleMight  2 года назад +1

      yeah gas is no joke... hopefully there'll be some L2 option with these type of gains. WIll look into it for future video!

    • @vishalarora1993
      @vishalarora1993 2 года назад +2

      @@LittleMight how high are the gas fees actually for setting up the Degen strategy and 1 one time withdrawal?

    • @vishalarora1993
      @vishalarora1993 2 года назад

      @@LittleMight and thanks for the great video :)

    • @iamqwq
      @iamqwq 2 года назад +1

      @@vishalarora1993 No one is really answering this. I would also like to know!

    • @dennismonk9559
      @dennismonk9559 2 года назад

      @@LittleMight I noticed Abracadabra is on 5 other networks (including avax and matic, matic has very cheap fees). Would this strategy work through any of the other ones?

  • @burabird
    @burabird 2 года назад

    How long do you have to be in this to gain profit? there are fees you get charged right for borrowing MIM from this USTx Abracadabra?

    • @LittleMight
      @LittleMight  2 года назад +2

      Depends on how much you're putting in. The ETH gas fee's add up, which why only makes sense with larger amount.There's 2% interest on the MIM and 1% borrow fee.
      Yesterday, there was a tweet that this UST strategy would be opening on FTM network which would minimize gas fee's!

    • @burabird
      @burabird 2 года назад +1

      @@LittleMight wow really? which account tweeted this? and it will be UST on Fantom as well?

  • @djwashx
    @djwashx 2 года назад

    Great video exciting however still lost and thanks

  • @peterejimako1694
    @peterejimako1694 Год назад

    GHNY is undoubtedly the next big thing in crypto. They just launched on ETH and had the largest launch on BSC. Thanks to this promising project - GrizzlyFi. Its ongoing development of DeFi and enhancements to its products.

  • @BlackLabSD
    @BlackLabSD 2 года назад

    Why does abaracadabra use ethereum just to use Terra in the background, can't you just do this strategy on Terra somehow?

    • @LittleMight
      @LittleMight  2 года назад

      you could just use Anchor protocol for 19.5% but not this strategy.

  • @daveswanson9324
    @daveswanson9324 2 года назад

    What happened to Mik? not mad didn't invest much but seems to have disappeared

  • @TilleyDuthie
    @TilleyDuthie 2 года назад

    Will this not be a good strategy if I only have 1700 UST to invest? You mentioned something about avoiding this with less than 10k...

    • @LittleMight
      @LittleMight  2 года назад +1

      gas fees dont make sense on ETH, but supposedly coming to FTM soon so once it does it'll make sense

    • @TilleyDuthie
      @TilleyDuthie 2 года назад

      @@LittleMight thank you please post follow up once this hits FTM :)

  • @HemantJindal1
    @HemantJindal1 2 года назад

    how about nexus protocol ?

  • @bubbabubba6322
    @bubbabubba6322 2 года назад

    Degen box is not on a layer 2?

    • @LittleMight
      @LittleMight  2 года назад +2

      Not yet. But supposed to launch on Fantom soon!

  • @KingPriyom
    @KingPriyom 2 года назад

    so dump 50k here, turn that 50k ust into over a million in just a few months cause of over 85% return? :P

    • @LittleMight
      @LittleMight  2 года назад

      lol I would prefer your math than reality...

    • @KingPriyom
      @KingPriyom 2 года назад

      @@LittleMight make a video about your returns out of that 10k+ account you currently have on there

  • @viurnne
    @viurnne 2 года назад

    great content.. charming eyes there

  • @MrMonero
    @MrMonero 2 года назад

    This has already been published loads of times on many YT channels.

  • @ax3ss
    @ax3ss 2 года назад

    2:21 wut?

  • @Firefighters001
    @Firefighters001 2 года назад

    He helped recovered my lost Bitcoin funds 💯⬆️

  • @rainmon
    @rainmon 2 года назад

    The borrow tab doesn't show anything because I don't have a wallet, why don't you start with STEP ONE and tell us what wallet to use to get connected and how to fund the account, oy vey, so tired of watching these videos that assume you already know everything. Why do people even waste time putting up so called instructional videos like this without step by step information, is just to make profits off of YT and put up click bait.

    • @LittleMight
      @LittleMight  2 года назад

      If you don’t know how to get a wallet or what wallet then you’re not ready for this strategy. Educate yourself so you understand what you’re doing and how it works before putting your money in a project from a random RUclips video.

  • @junkrat1
    @junkrat1 2 года назад

    elephant money = no leverage, higher APY on stables. Your welcome

  • @ThePierodifelice
    @ThePierodifelice 2 года назад

    This strategy is on the web already...

  • @nelsonwong2268
    @nelsonwong2268 Год назад

    This has not aged well

  • @acebdefg5582
    @acebdefg5582 2 года назад

    this aged like milk🤡

  • @peterejimako1694
    @peterejimako1694 Год назад

    $GHNY is one of my favorite cryptocurrencies of the year 2022; it increased more than 300 times in a single year and will only continue to rise in 2023.
    The most user-friendly tools and greatest platform for mining liquidity are provided by Grizzlyfi