Hi HODLers and Degens,
Almost 2 months ago I posted this Fundamentals and Patience always pay. The rainSpirit example where I explained why I liked rainSpirit a wrapped inSpirit (staked governance $SPIRIT) token giving access to liquidity and bribes weekly.
All of this with a sharp discount (almost 50% at the time of the article) to a $SPIRIT token.
I believe a lot in SpiritSwap V2.0 which should come very soon but I was also betting on the discount reducing eventually to 1.
Why did I trust this for rainSpirit and not other wrapped inSPirit?
Spirit token has been mostly stable as we are still waiting for V2.0 but my thesis worked out! We went from 0.42 to 0.77 today! That's a 60%+ gain!
Oh and I forgot to mention that I have been earning >100%APR for the past 2 months thanks to these bribes pools!
It took time but patience and research did work out.
It is not over yet! I am looking to catch up with PEG (would still be a +30% vs now), while earning 100%+ APR and waiting for V2.0 which I expect will send $SPIRIT to the moon!
Stay safe out there,
