Hi there. When I hold DFI in the DFI Wallet

Question

Hi there. When I hold DFI in the DFI Wallet

I will receive Rewards. I suppose on chain rewards. How much % will the rewards and where can I find the current APY / APR. I suppose the on chain rewards are higher in the DFI wallet then in Cake DFI. Right?

#blockchain #cryptocurrency #defichain #english

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18.07.2022

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Zachary Chan

The defichain wallet also operates directly on-chain so you are able to trade all defichain tokens on the DEX as well as open vaults and take loans/mint dTokens too, so it’s not just a passive wallet.

0

18.07.2022

Zachary Chan · Accepted Answer

When you hold DFI in the defichain wallet, you don’t get any rewards, you’re just storing your DFI. You get rewards by investing. On the defichain wallet, you can basically perform Liquidity Mining. All the APRs are listed live in the DEX section. I am assuming you are using the mobile wallet. The rewards on the DEX are higher yes, because you don’t need to pay Cake’s 15% fee. However, you cannot perform Staking on defichain wallet, unless you run your own Masternode with 20,000 DFI.

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Hi there. When I hold DFI in the DFI Wallet

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