Best to stake Starbits - or farm with it?

in HODL3 years ago

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If you want your Starbits to grow you can Stake them inside the game or at Vft Lab.
I made a small test to see what is best.
Just with 3000 starbits.

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VFT

@mimismartypants invested 3000 startbits to VFT. In a comment to me she told that she got 0.05 VFT each day for it.
3000 starbits is at $0.00016
So value locked = 0,48 USD

What she got
0,05 VFT/day = 18,25 /year
1 VFT = $0.03727
IN A YEAR = 0,68 USD

Thats good. About 150 % APR

(But you have to pay 3% deposit fee also)

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Ingame

I used my 3000 starbits to stake in game. Or what you can call this service. You lock starbits in different NFT-music records. And when someone buy it you get at part of it.
So here it is more risky because I can choose a record that nobody wants to buy. But lets see what I got.

I invested 3000 starbits 10 days ago.
This is the stats

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I have got 168 starbits in 10 days.
That is 16,8 starbits/day
That is 6132 starbits/year

Thats good. About 200 % APR

So what is best?
Just now I think it is only what kind of risk you want to take.

But intresting to see and thanks to @mimismartypants that show your result.

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I think it is better to bet them on the game, because starbits is more stable. VFT is starting and its price has fallen a lot I think it is better to use them to buy NFTs.

Posted Using LeoFinance Beta

I agree.
I rather support the game too.
And starbits going up

Yay! 🤗
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I think as long as in-game staking is unpopular it is an awesome choice. Once more people join the pools and the shares you get for 1k Starbits diminish, there may be better options.

Similar to Other staking.
A lot of players want to buy cards instead.

Interesting analysis. I just think you isolating results for staking. Because that's dependent on a single record sale, which is influenced by many different factors, some records will sell faster and others slower and pools are also weighted differently. But none the less it's an interesting take.

Yes you right. It depend on many different things. Also price of starbits. I like more to keep the Token inside the game just now

Definitely. I am also leaning towards this instead!

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does there need to be a sale before you earn from staking in the game?