Bitcoin and Litecoin on Steroids! Literally on Steroids!

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Farming tokens on Ethereum seems to be the wave on Ethereum. I haven’t really done too much of the Défi stuff because fees are too high and I don’t know which ethereum tokens are worth holding either.

But I saw a new project that looks pretty interesting. Instead of using normal erc-20 tokens that aren’t as good to hodl, they’re using Bitcoin and Litecoin.

It’s really a wrapped version of BTC and LTC but to get the tokens on from the pNetwork I’d have to deposit actual BTC or LTC

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Check out how it works: https://ptokens.io/how-it-works

But the cool part about putting Bitcoin on the pNetwork is that I can put that Bitcoin on steroids! And what’s better than anything on steroids?

Nothing!

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They give you ptokens for holding pBtc and pLtc on steroids. The also allow you to eat more ptokens for providing liquidity as well.

But I just thought this was cool. Might be a good way to earn some erc-20 tokens with something most people are comfortable hodling anyways.

If you’d like to join the steroid era of crypto here’s the link: https://steroids.finance/

But what do you all think? Is this worth spending time on? Is it a golden opportunity or is it a scam?

Let me know in the comments

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7 comments
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Is it a golden opportunity or is it a scam?

Who knows? But I know one thing for sure: It is mainly a risk! Do you trust this company and give them your precious Bitcoins? I would never do this!

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That is so true.

Yield farming has already shown itself to be full of scams.

Not worth the risk unless something is truly trustworthy which is hard to find.

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Yeah there’s some risk involved but hopefully the reward ends up being worth the risk involved!

I understand you though, those Bitcoins are in high demand right now, why risk it...

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There is a lot of trash out there so have to be careful.

That is the risk in the open decentralized world. Anyone, regardless of intentions, can set up a project such as this.

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Yeah I’m with you. There’s a lot of researching that needs to be done before we go depositing tokens into random contracts just because it sounds cool.

I just like how they made it fun it fun by calling it steroids.

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