There's no way I would have locked any substantial amount of capital into any bond-type crypto investment in 2020. Honestly, I would have looked on any such project as a scam. Tell me how I'm supposed to justify locking money up for 1 year in an industry that hasn't even been around 3 months? There's no way it makes sense.
It's still early in defi, but I'm starting to look at investments now that I'd never consider before. One such investment is crypto bonds. We don't have much more data on the industry, but at least we have more viable projects that I could see lasting for the life of a bond. I won't turn this article into a shill, but Sync Network is a low market cap gem I think has the right idea. When you lock in a bond, you get a unique NFT that you can sell on OPENSEA or Rarible or whatever. The art of the bond is made to create alpha for the asset that could give you a sell premium above the generous interest rates they offer.
But what's more important is the idea of being able to trust in the defi space long enough to hold an investment steady for an extended period. That, more than anything, is indicative that defi is the future. Coming to defi for viable, profitable fixed rate investments is just another cap in our feather and an arrow in the heart of corrupt, unprofitable traditional finance.
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YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1
Always remember:
Burgerswap Bridge will steal your crypto
Deus.Finance is led by a psychotic wannabe despot
AllianceBlock is a shit project
All algorithmic stablecoins (Basis Cash, Mithril, Empty Set Dollar) are a SCAM
Don’t get your bitcoin from PayPal
Trade on BSC, not Ethereum
Ivan on Tech, Elliotrades and Bitboy are complete liars, and
If you are always losing money trading crypto, read here.
Gems I'm investing in:
NFTs - Doki Doki
Trading - Unimex
Finance - Soar
