1300% Profit in 3 Months! - Crypto Staking Update (But I left it there...wooops)

MY BINANCE CRYPO LINK: (10% OFF Spread Fees): https://www.binance.com/en/register?ref=VUF2GQR0

Website: https://socialtradingvlog.com
Decentraland HQ: https://socialtrading.dcl.eth.link/
Twitter: https://twitter.com/SocialTradingV
Instagram: https://www.instagram.com/socialtradingvlog/

________________________________________________________________

Resources From This Video

Olympus Dao Resources:
(The site I'm talking about in this vid)

Olympus Dao Website: https://www.olympusdao.finance/
Olympus Medium Docs: https://olympusdao.medium.com/
Olympus Discord: https://discord.gg/AkmWHPWw
Olympus Twitter: https://twitter.com/OlympusDAO

Check Crypto Prices:
Coingecko Ohm Prices: https://www.coingecko.com/en/coins/olympus

MY Previous Staking Video:

https://www.youtube.com/watch?v=zauEs36xNxI

All trading involves risk. Only risk capital you’re prepared to lose.
Past performance is not an indication of future results. This content is for educational / entertainment purposes only and is not investment advice.

Timecodes:

0:00 - Intro
01:03 - Logging Into Olympus And Checking My Balance
02:38 - How Do I Get Interest?
04:45 - How Much Profit Have I Made?
05:39 - What If Price Had dropped?
07:08 - Is It Riskier Now?
08:55 - Olympus Dao Recent Developments
09:17 - Recent High Volatility
10:45 - Some Recent Olympus Dao Stats
12:45 - Links To Their Resources

About The Video:

Three Months ago, I made a video about Staking Cryptos, where I talked about what staking is, and how to do it. I used a project called Olympus Dao as an example, and staked 1 of their 'Ohm' tokens...
Here's that video: https://youtu.be/zauEs36xNxI

In this video, I revisit Olympus Dao to see how my investment is doing. My original 1 ohm has now become over 3 ohm due to a type of interest I've been earning every day since I staked my token.

The ohm price itself has also risen dramatically. I take a look at the gains I've made, the Olympus Dao service itself, and what the future might hold for this crypto project.

As well as covering my gains, I talk about the risks of this project - it's part of 'DEFI' (decentralised Finance) which is all still the frontier of a new alternative financial system, where assets are volatile, risks are high, and boom-bust projects come and go like fireworks. Even the creators of this project describe it as a financial experiment, so don't be fooled into thinking these types of gains are guaranteed, or safe in any way. It's high-risk stuff.

I have a look at the dashboard showing how much money has come into the project, talk about it's recent boom times which I think may be tied to its new 'Olympus Pro' service, and speculate about what I might do from here. (I'm really not sure...)

My Damien Hirst NFTs Playlist:

https://www.youtube.com/watch?v=mzyVzmyC8mw&list=PLSp_9hRpu6lLAKhxdA-elKgsRKsfdwIhb&ab_channel=SocialTradingVlog

My DEFI Beginners Playlist:

https://www.youtube.com/watch?v=QBG2gtw4Flw&list=PLSp_9hRpu6lIsDWgMY9Eqdr8qcIbV8JP0&ab_channel=SocialTradingVlog

Affiliate Disclosure:

Many of the links in this description are affiliate links and eToro may pay me commission if you follow them.

Видео 1300% Profit in 3 Months! - Crypto Staking Update (But I left it there...wooops) канала Social Trading Vlog