Awesome DeFi Yield Farming program by Sentivate (400%+ APYs)

[BlackSeo]

I know a lot of people here have gotten into Yield Farming the last few months. A project I have gotten into recently (Sentivate) is running a Yield Farming program on Value DeFi with insane APYs. If you do the pool that's mostly ETH (98% ETH), the APY is 78%, which is better than most places. But they also have MUCH higher APY pools right now that just launched today, with some of them having over 400% APY. All the pools require you have varying amounts of SNTVT tokens, from 2% up to 98%, depending on the pair. Here are the paired assets available and the corresponding APYs (as of Monday, Nov 2nd):

• WETH - 78% APU
• VALUE - 367% APY
• USDC - 744% APY
• WBTC - 633% APY
• DAI - 405% APY

If you connect Metamask, you can see the pools here: https://valueliquid.io/#/faas
Here is Sentivate's Tweet about this:

https://twitter.com/x/status/1323160679407251456

I highly recommend getting involved in this while the APYs are so high. If anyone has any questions about this or is new to Yield Farming, let me know and I can do my best to help explain it further.

 

[cartelmarketing]

interested and new so not really familiar with it can you explain?

 

[BlackSeo]

interested and new so not really familiar with it can you explain?

Yes. Essentially what you do is, you stake tokens on the platform and earn SNTVT tokens for doing it. If you don't have Metamask for Google Chrome, you will need to download that first and set up that ETH wallet so that you can do this.

If you wanted to do the SNTVT-USDC pool, you can see that the required ratio is 60% SNTVT - 40% USDC. If you had $1000 to put on the platform, you would put $600 in SNTVT and $400 in USDC, then press "Add". You can buy the necessary tokens in the Swap tab once you have Metamask, using ETH or another listed token.

The APY is so high right now (731%), that $1000 on the SNTVT-USDC earns $20 per day ($140 per week). This is "Farming as a Service" (FaaS) - this is how Sentivate is distributing the rest of their SNTVT token supply. Hope this helped, let me know if you have any other questions.

 

[Coingrabber]

How risky is this? I know it's booming right now. But how quickly this can be over and make you lose your investment all of a sudden? Seems like a gamble to me, pretty much. Thanks for the information though. Should look into this as well!

 

[BlackSeo]

How risky is this? I know it's booming right now. But how quickly this can be over and make you lose your investment all of a sudden? Seems like a gamble to me, pretty much. Thanks for the information though. Should look into this as well!

There is some risk involved. Value DeFi is still in the process of getting the smart contracts audited, but overall they seem trustworthy and like a promising platform. But there is always risk when engaging in DeFi/Yield Farming, especially on new sites. It is up to you to determine if you want to take the risk for these very very high gains. The other Value smart contracts have been audited successfully, which is a good sign, of course.

I can confirm that the smart contracts seem to be working well from my experience so far. I have deposited/withdrawn successfully and collected the reward SNTVT without issue.

 

[openagain]

DOn't you lose more from coin value depreciation than what you actually gain yield farming?

 

[jasonforrest]

DOn't you lose more from coin value depreciation than what you actually gain yield farming?

Exactly, but i think many DeFi ppl are hoping those tokens gain value, but most of us know they'll be worthless after time.
Look at YFI , $40k in max hype, now $9k. And those holding it are on every social media platform trying to pump it , hoping they can get some of their BTC/money back.

 

[ChristineAshe]

Exactly, but i think many DeFi ppl are hoping those tokens gain value, but most of us know they'll be worthless after time.
Look at YFI , $40k in max hype, now $9k. And those holding it are on every social media platform trying to pump it , hoping they can get some of their BTC/money back.

You don't wanna know how much i made with this coin. You'll get depressed cause you didn't buy it.

 

[mazar]

scam alert

 

[jasonforrest]

You don't wanna know how much i made with this coin. You'll get depressed cause you didn't buy it.

I'm not depressed when seeing people win big at casino, why would i get depressed for you gaining on YFI?
It went from $40k to $8k in few months, now recovered to $17k, it's a pump and dump. Some winning, many losing.

Holding Bitcoin is the safest way to invest and gain in the long term. Not gambling.

 

[ChristineAshe]

Remember, all coins went down, not just YFI. The whole crypto market after august was on a down trend.
But hey, you do you, i ' m not going to convince you what you should to hold. If you feel comfortable with bitcoin, then fine stick with it.
Me on the other hand, i found some "gold nuggets" in the defi market, they go from 3x to 10x. Then i convert part of my profitable bag into btc and eth. Another part into farming and staking.
I make my money work for me and not the other way around.

Holding Bitcoin is the safest way to invest and gain in the long term. Not gambling.

Everything has a risk. Crypto is a volatile market, including bitcoin.

P.S
By the way, have you seen the YFI price today. It went up to $18k. If you bought the dip at ~$8k, you are above 2x.

 

[jasonforrest]

Ya we both seem to have different winning strategies.

I've learned to appreciate security, steady growth, with patience etc. I look at your strat as high risk. But great that you're profiting nicely.

Ya I seen YFI sky rocketed after the huge dump, crazy how explosive it can be. I can't imagine it'll still be a thing in few years. But if you make profit, good on you

 

[cynic]

You don't wanna know how much i made with this coin. You'll get depressed cause you didn't buy it.

I'm interested. How much did you start with ?

 

[belgium]

Are Yfii, and Yfi same defi groups ?

 

[Coingrabber]

Any updates? Are you still motivated and in the game, now that the bull market got cancelled?

 

[Nikolaos]

I'm not sure yet. I actually think it's a scam. Nobody gives you 400% even with yield farming included.