A Genesis League Soccer staker has told our reporter that he will not invest in any crypto that does not return more than 1500% APR after he found himself caught up in a freak situation where GLX stakeholders was seeing returns of up to 4000% on their token stake.
The amazing returns first came to light in Nigeria when a local man in Lagos staked 2 GLX only to receive another 2 liquid $GLX in a matter of seconds just after the system went live. He then looked at his liquid GLX a few minutes later and there were 5 more there. Then 10 , 20 and now Somoto is sitting on 25,000 GLX valued at around $6500.
Somoto told a few Hive friends who told a few Hive friends and all of a sudden they were getting the same returns.It was crypto staking heaven at the highest level.
Soon enough everyone was staking so the APR went down to a mere 2000% which was disappointing for the OG of the Genesis League.
"The Nigerian lads rocked the boat by telling everybody on Twitter around the amazing returns which ruined it by the rest of us." claimed Johnny the racist letting his veil slip.
"But it's still Ok that the APR is still over 1500%."
"From now on I won't invest in anything less that 1500% interest. Not worth it. No way.
"When asked how Somoto was so good at sniffing out a bargain, Somoto thinks of his glorious childhood when his momma used to bring him shopping. She used to wreck the place looking for a bargain. All the jumpers used to be on the ground and sometimes I would struggle to keep my head above the dropped clothing. Then we would leave the shop not having purchased anything unless it was the bargain of the century.
Rumour has it that the $GLX staking is so good that Nigerian community are now selling their GLX for Hive and will buy back into $GLX when the price drops and oh boy it will drop.
"Sure the bloody APR dropped to 769% today."
"Ridiculous!" claimed Kennedy.
"Sell sell sell."
"The selling has surprised many but this is what happened SPS and the Nigerian lads won't be fooled by that again so on finding out this information we would agree with the Nigerian Hive lads and we recommend a sell" claimed an international stockbroker.
"The Nigerians are never wrong around a Hive second layer token."
"They spotted the PAL token a mile off while nobody else did and they short sold polyCUB a couple of days after launch."
"No fools there."
"They are experts in the way of a Hive second layer token coin."
It is unknown how long the GLX staking ROI will continue as most European and American Hive accounts are only just after joining the party. They are now buying the GLX that the Nigerian lads are selling.
"This is amazing guys" shouts Hank from Wiscousin
"C'est incroyable" Pierre from Bordeaux.
after their 456% ROI returns on GLX staking.
Meanwhile Somoto is adding to his Hive stash for his next adventure into 4000% APR return.
"The early bird catches the worm or in my case the early staker catches the 4000% APR."
Somoto is now a Hive whale.