Member-only story
I don’t know about you, but getting my money INTO DeFi was like trying to solve the Diophantine Equation with a Mr. Professor … it was hard and required 200% of my brain power and lots and lots of trial and error! Well, fortunately for you, I’ve now simplified the dilemma of getting your money OUT of DeFi and into your bank account!
Author’s Note: This is not trade or financial advice. All trading and investing, whether real estate, stocks, or crypto, involves the risk of loss, sometimes greater than 100% loss. Do not trade or invest with funds you are not willing to lose. Please do your own research.
It occurred to me that with DRIP and The Manor Farm, that I was in a cycle of almost always compounding. Y’see, when you compound, you see your deposited balance go up and that makes people feel all warm and fuzzy inside.
THE PROBLEM is that deposited funds and every compounded DRIP are being burned. Yes, ultimately, I can squeeze out waaaay more DRIP from my “Max Payout” in the long run, but experienced Drippers do set up some kind of alternating schedule of compounding AND claiming DRIP to their crypto wallets.
So, don’t forget to occasionally CLAIM your rewards to your wallet. Otherwise your “earnings” are all locked in the burned deposits and your calculations are all theoretical.