Yield farming: Is it worth taking a chance on SUSHI, ALGO, SNX, CAKE now
Source Node:
https://ambcrypto.com/yield-farming-is-it-worth-taking-a-chance-on-sushi-algo-snx-cake-now/
34.5%, 33.2.6%, 20.79%, 20.3%: This is explicitly how the weekly returns of Synthetix, SuhshiSwap, Algorand and PancakeSwap looked like at press time. All the aforementioned tokens have a commonality – they sustain yield farming. People from the community usually generate additional income by farming. As such, whenever HODLers lock up their cryptos or provide liquidity, they are rewarded. Yield farmers typically keep moving their funds from different protocols in search of high yields. Even though the weekly returns seemed to be fairly decent for these tokens, their daily returns explicitly