Have You Heard Of BurgerSwap? Using BNB And Binance Chain For Yield Farming And Liquidity Pools?
So many people have heard of the ‘food DEFI trend’ and have participated but many have encountered high gas-fees and rug-pulls or exit scams with these projects too. Sushiswap got some issues affecting its growth, even though it is the most popular among the ‘food’ tokens. People have began to look into pearl-finance which is tron-based and other such options but how about burgerswap?
What is burgerswap? Can you participate in it e.g yield farming or providing liquidity on it? How is binance involved? Does it reduce gas-fees? Can you use it with metamask? Does it prevent rug-pulls? Is it centralized? etc.
Let’s find out, as you join a legitimate illiterate to look at it for the first time, in this cryptoulog. What does burgerswap and its presence on Binance smart chain and its endorsement from ‘CZ of binance’ say about ‘the DEFI and YFI space in general’? Will this impact the price of BNB for good? Can the price of BNB go as high up as ETH? What new trends should you look out for in the space of DEFI, YFI and food-DEFI in the near future, with the advent of burgerswap? I am a legitimate illiterate and these things are interesting to looking at overall, so join me. All will happen within a livestream, so tackle my errors too.
You can evade those high uniswap high fees a bit using hotbit. Join hotbit here: https://www.hotbit.io/register?ref=734736
The thing is unlike most giant exchanges like binance, huobi etc, hotbit affords to list many of these uniswap tokens even unofficially, meaning that say you are into yfi tokens, there is a likelihood that you will find them even early on hotbit and you can buy directly from there and take advantage of its order books and trade frequencies at low fees compared to uniswap instead of the uniswap option. This favorable especially to small traders.
Look at a blockchain-based project i am working on called ‘cryptoulogs‘, perhaps you can join me in building it:
Your Boy Terry
Read some more about the projects i am working on here: https://uloggers.xyz/2020/07/18/seeking-your-crowdfunding-support-passionately-where-have-we-reached-with-the-setup-macrohard-philippines/
I will like to create more ulog discussions like this, discussing topics and any topic in the mind’s eye of a legitimate illiterate and for that i rented a hub for a few months called ‘Macrohard‘ but i haven’t set it up for use.
This hub among other things, will help me in my journey to recovering in my health and will help me begin to take care of my dad who is ill, better.
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Originally published at https://uloggers.xyz on September 13, 2020.