CryptoDeFi Liquidity Mining is Alameda's Biggest Win

DeFi Liquidity Mining is Alameda’s Biggest Win

According to news on October 13, X user Wazz posted that Alameda’s biggest profit comes from DeFi liquidity mining. Wazz said that SBF mentioned in an interview in 2021 that 80% of Alameda’s resources will be redirected to liquidity mining because this is an easy way to make money. Alameda poured $5 billion into DeFi liquidity mining with absolutely no due diligence and just hastily authorized those pool2 contracts.

Alameda can earn 2-4 million US dollars every time Binance Launchpad is released, and there are also 3 million DYDX rewards every day.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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