I just wanted to provide my farming strategy in hopes to get some possible feedback, recommendations or maybe some advise on how to maximize my gains.
Currently, within the MM finance, what I do is:
Initial capital: $500
STEP 1: 70% of the initial capital goes to a low risk, which for me is CRO-USDC/USDT farm.
STEP 2: 20% goes to a medium risk which for me is CRO-MMF
STEP 3: 10% goes to a higher risk farm which for me is MMF paired with a new coin launched which usually has a higher APR.
The main goal is to increase the low risk farm which is where the main capital is.
All the harvests that come out from STEP 1 goes split 50/50 into STEP 2 and STEP 3.
The harvests from STEP 2 and STEP 3 goes back into STEP 1 and so on and then repeat.
I’m still working on how to exactly finalize the profits whether after a certain amount of money is made, I should swap it to USDC and stake it somewhere but I think this is my plan so far.
I would really appreciate any recommwndations, feedback and/or advise on my farming strategy or if you have qnother strategy that I could look into, that would be amazing as well. Thank you everyone!