Stakeland Review: The truth about Stakeland Farming

There has been a whole lot of systems as regards airdrops in recent times with stakeland being one of them. In this review, i’ll explain how you can make good money via stakeland farming without staking as much as others.

About Stakeland

stakeland is a staking “protocol” which is powered by memeland. (memeland was an airdrop earlier this year that rewarded people wgo staked 13$ worth of meme with over 120$ profit. Stakeland as the end protocol now gives out airdrops to participants based on amount of steak each user burns. and the steaks can be earned via performing social tasks or staking meme.Stakeland also has a staggering 800,000 followers on Twitter.

Stakeland is hosted at Stakeland.com

Stakeland review.

a total of three projects has been held on stakeland of which i have participated and still participating in namely

• RUNECOIN: users had to stake a minimum of 690 meme (20$) and performed a series of social tasks and got an average allocation of 3000 RSIC which was worth around 50$ at ATH (all time high)
• MON PROTOCOL: This was the second project and involved performing of social tasks to earn steaks, users were to stake 1k (~30$) or 10,000 (280$) for bonus tasks to earn steaks which were not compulsory. users who burnt over 100k steaks got around 64 mon tokens( worth around 20-24$)
• YOLO FARMING: this is the third farming project which featured a series of compulsory tasks to be eligible by Yolo which are staking at least 1k meme, submitting a new blast address, playing a game on yolo. I however didn’t make anything serious from this since it was a raffle and my two accounts didn’t win anything reasonable, massive waste of time, Steaks and money imo.
• BORPA: This is the current and running project on Stakeland which retains some old requirements such as staking at least 1k meme along side others, however I’m going in heavy on this because i believe in the Borpa system a lot

see more: Gitcoin passport ultimate guide

Pros

-It makes the staking and farming exercise very fun in nature

-You can always unstake your meme whenever you want .

-It remains a profitable farming system due to successful partnership

–Anti influencers system: stakeland doesn’t have a refferals system so influencers don’t have an undue edge over regular users

Cons

-It is based on the eth Blockchain so fees can be sometimes expensive

-Unstaking your meme would 99% of the time result in you loosing all your steaks

IS STAKELAND LEGIT OR SCAM?

with the above review it is clear enough that stakeland is legit and even profitable than conventional staking/launchpads. i personally staked 80$ worth of dym some months ago and its worth around 30$ currently with no profit gained. and the returns have more ROI than binance and bybit launchpads.However it must be observed that the rewards to staking ratio has been diminishing over time ie for memeland users staked 13$ for 100$ profit. for RUNECOIN users staked 20$ for 60$ profit and for mon protocol users staked 30$ for 22$ profit. this is however due to over saturation. however i’ll drop how to remain ahead of the curve below

How to remain ahead of the curve.

1. Do not burn all your steaks on every project and conserve your steaks for future projects ie ensure you review the project properly and if you’re not convinced you can always reserve your steaks for future projects

2.ROTATE YOUR ACCOUNTS: having 3 or more accidents make it very easy to be profitable by conserving steaks on other accs despite performing tasks to gain more steaks and only staking meme on the account whith the highest amount of steaks.

3. PERFORM MINI TASKS: you can also earn steaks by performing tasks in the mini section of the website

CONCLUSION:

In conclusion, stakeland is bound to be a very profitable staking environment for the meantime and 100% antirug so the earlier you start stakeland the better

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