RobiniaSwap : My Experience & Thoughts with this Newly Launched DeFi

in WORLD OF XPILAR3 years ago

I am in the crypto space for more than 2 years and keep on exploring many things to enhance my knowledge and even to gain better returns on my investment. There is a lot of action on crypto these days and it's really important to pay more attention and learn about new platforms where we can earn some decent return on our investment. Like these days we can hear a lot about nonfungible tokens and decentralized finance but NFT is something that I'm not much aware of because I'm not an artist so it's very difficult for me to decide what NFT should I go with.

Decentralized finance which is also known as DeFi is one of the growing segments in the crypto space and there are a bunch of platforms offering these services where we get the opportunity to earn higher returns. It is better than traditional finance because we get complete control of our funds and utilize it as per our tries and convenience at any point in time.

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This month one of the DeFi platforms known as RobiniaSwap has been launched and I did invest some amount. Their token name is RBS and at the time of launch its price was more than $30. This is very normal as when project starts then token price starts with a very high price and slowly when people in starts dumping the token in the market then it reduce drastically and the same happened here as well with RBS token.

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I don't know the total of the value is more than 8.25 million on the platform which I think is quite high however it was more than 10 million a few days back and even within one day of its launch the project was able to achieve the mark of 10 million of TVL. Not every project can be so big like pancakes for because it is backed by Binance as far as I am aware however I see that team is quite active and focused on to bring value on the project.

Like any other Defi Projec, robiniaswap also have the pools and farms for variety of popular token including BNB, BUSD cake etc and the offered APR is lucrative as well.

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Any DeFi project need to have enough pools whever investors can provide liquidity and some farms with stable coins and all these stuffs are available on the DeFi platform and now RBS token price is almost $0.55 at the time of writing this post. We need to understand that any defi platform gets more users just after its launch because the offered APR is way high and even token price is high so some people try to take the benefit of the situation but after some time things get back to normal and I belive same has happened with his as well.

Current price and APR is kind of stable and I think that its still much better and certainly an option to go for it to bag some decent returns and looking at the action done by robiniaswap team I expect that RB Sprice will improve.


Here are some top performing farms and APr offered is impressive so its still time to enter and earn good returns. Teah burned good number of RBS tokens and they have some nice plans to increase the use case.

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In DeFi its very important to have the higher use case of need you to come in because this is one of the factors that play an important role to determine the price of the token. If you can use case is high then it in trade holders to hold their tokens and not to sell in the market and this is something that works in favour of the project and price continue to bro so I expect that the team behind this project will come out with some interesting and you need to use case off the token which will surely contribute for the price increase.

Team is very active on this card so if you have any question about the project or any other information required related to this then I guess discord is the right place where all your concerned will be answered. My experience has been good with the platform so far however I did not book profit since I am accumulating the tokens and will be waiting for the time when the price is broad significantly then I might think of selling and booking profit but at the current price I don't feel like sending the problems instead it's a good idea who is stake and are in a higher percentage of interest on the tokens.

So find this is my review and experience with this robiniaswap platform so far and it's been just one and half week of after launch so I believe it's too early to decide about the project and it will be right to give them some time to bring more value that can surely help the investors who are better rewards.

Thank you so much

Website- https://robiniaswap.com/
Discord- https://discord.gg/6S45xsjW
Twitter- https://twitter.com/robiniaswap

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I also use Robinia and hoping that its token price will bring better value.
@tipu curate 2

Dear @reeta0119

but NFT is something that I'm not much aware of because I'm not an artist so it's very difficult for me to decide what NFT should I go with.

I also am not really into NFTs myself and I found this topic even more difficult to understand than DeFi.

Their token name is RBS and at the time of launch its price was more than $30

Starting price has been 10$, it's just because of initial "supply squeeze" price of RBS tokens went up to 30$ for a very short while. But I rather ignore that fact and assume that RBS dropped from 10$ to current level (approx 0.5usd)

I don't know the total of the value is more than 8.25 million on the platform which I think is quite high however it was more than 10 million a few days back

Based on my understanding, it's not value of RBS that reached 10mln. It's value of all staked tokens within RobiniaSwap. In other words: that's total liquidity pool.
Correct me if I'm wrong.

ps.
I will drop some solid upvote soon (need to wait for voting power to recharge).

In meantime, please check my recent post published on @project.hope: ARE YOU MINING RBS (RobiniaSwap) tokens? Do not sell it. DO THIS INSTEAD

Have a great monday ahead of you :)
Cheers, Piotr

Hi @crypto.piotr
Thanks for your comment and sorry for the bit late reply.

We surely share the same interest in NFT it seems and even after trying to understand more of NFT, I did not get it. I think its not for me.

Based on my understanding, it's not value of RBS that reached 10mln. It's value of all staked tokens within RobiniaSwap. In other words: that's total liquidity pool.

Yes, its not the value of RBS, and its total value is locked that shows how many people trust in the platform and invited their money.

I had checked your post already and commented as well.

Thanks for your support and guidance for me in this wonderful platform.

have a great weekend.

Dear @ahmed1345

I've downvoted this comment and other similar comments. This is quite an intrusive spam :( Noone likes it

I have DV too

Please the account was hacked i was not the one who made that comments post. the last time i mad e a post was on friday in steemghana.so please restore the vote.

 2 years ago 

I recommend that you go through all of your comments and remove / edit all of those that you didn't write.

@crypto.piotr @reeta119 Please the account was hacked i was not the one who made that comments post. the last time i made a post was on friday in steemghana. so please i have regenerated new keys.

stop this scam

Please the account was hack

So i have generated new keys

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