Firebird Finance Platform & My Strategy Ahead for $FBA & $FBADAO...

Hey All,

I continue to invest in the Firebird Finance DeFi token $FBA and its governance token $FBADAO. The Firebird protocol is designed to be democratic and transparent, with the aim of creating a completely decentralized system. At present, I have a staked 750 $FBA tokens on the platform and continue to earn $FBADAO token at an APR of above 67%. Total $FBA tokens staked is around 1.7 Million FBA tokens which is worth ~$1,281,097.9 - with regards to the total number of $FBADAO tokens in circulation then we have 66.9578 of them and at present one $FBADAO token is worth - FBDAO Estimated Value $2,359.1 per FBDAO

At the moment I have 0.009+ $FBADAO tokens to be claimed and that is worth $21+ and the same is reflected in the following image if I sell the claimable FBDAO tokens. But I am not doing so and continue to stake all the tokens that I receive as part of the staking rewards

Every two to three weeks I revisit the Firebird Finance Platform to claim my rewards and then redirect the funds to the FBADAO staking pool which further has an APR of above 194.6%. And when you stake #FBADAO tokens you get $USDC as staking rewards. When you claim rewards, stake/stake more FBDAO tokens, the lock timer for unstaking will be reset, and your stake amount will be locked for an epoch (7 days).Here are the details on the total number of #FBDAO tokens staked and the total reward money in the pool for the upcoming epoch

Total Epoch elapsed is 10; which means 10 times the rewards have been giving out based on your #FBADAO stake. The next ephoc rewards is in another 20 hours and the rewards money to be distributed is around $5K+ dollars. And the withdrawal lockup epoch is 1 epoch time frame which is 7 days. Right now I have no plans to exit from this DeFi platform and will continue to stake my earnings to grow my #FBADAO stake. Even if one want to exit they can easily do so by swapping $FBDAO for $USDC and if you want to keep invested you can stake $FBADAO even further. For now I am targeting to have HALF of this FBADAO token. The staking APRs of $FBA token keeps fluctuating and right now above 100% is very lucrative. I am targeting at least half 0.5 $FBADAO tokens here with 750 $FBA staked; its gonna take time but slowly and gradually I should be able to get there.. but until then its Build & HODL strategy to follow...cheers

Have Your SAY on Firebird Aggregator Token $FBA and $FBADAO

Did you know about $FBA? If Yes, did you stake your $FBA to earn the governance token FBDAO. How is your overall experience with Firebird Dex Aggregator? Let me know your views in the comment box below?...cheers

#fba #firebird #firebirdfinance #dao #staking #dex #aggregator #fbadao

Firebird Finance Platform & My Strategy Ahead...

Best Regards
Image Credits:: firebird.finance, twitter