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How to make profit from Alfafrens

E30SH

How Alfafrens works

  • In alfafrens you can deposit $DEGEN to your alfafrens wallet and get $DEGENx in exchange

  • Using $DEGENx you can sub to other users' channels.

  • The subscription price for each channel differentiates from 500 $DEGENx to 1500 $DEGENx.

  • By subscribing to a channel, you earn $alfa which can be withdrawn anytime you want during a day (remember to claim it daily because if you don't those $alfa tokens that you earned during the day will be burnt)

  • You can stake $alfa to earn $DEGENx and claim it monthly (not sure on the monthly part)


How to make profit as a subscriber

  • In order to make profit in alfafrens, we must look for channels that can provide more $alfa with less $DEGENx

  • Head to the High $ALFA Rewards tab in alfafrens website to find these channels

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  • After successfully finding a good $alfa generating channel & subbing to it, wait 5-6hrs to claim your $alfa for the first time

  • Now you can stake your earned $alfa (you don't need to sub to a channel to stake $alfa)

  • To get more $DEGENx from staking $alfa, head to the High Cashback tab in alfafrens

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  • The more stakers the more diluted rewards become, so find a channel that has the least amount of stakers (1-3 would be good)

  • Stake your $alfa and check out your estimated $DEGENx monthly income

  • At the end of the day, the more you find better opportunities to stake/subscribe on a channel, the more you can profit.

  • Always remember, strategic staking and subscription decisions are key to maximizing your returns in the Alfafrens ecosystem. It's all about finding the right balance between the cost of subscription in $DEGENx and the potential $alfa earnings. Remember to consistently claim your earned $alfa tokens daily, stake them wisely, and keep an eye on channels with less competition for higher returns. By doing so, you can potentially optimize your stream of income within the Alfafrens ecosystem.

  • Hope this was useful for starting your alfafrens journey:)

E30SHFarcaster
E30SH
Commented 1 year ago

Don’t fade this tutorial I made to profit from this new hotness replyors https://paragraph.xyz/@esish.eth/alfafrense30

TimFarcaster
Tim
Commented 1 year ago

Nice work on this! Glad someone put it out there so I didn’t have to.

E30SHFarcaster
E30SH
Commented 1 year ago

Thanks man! Glad you found it useful

MajidFarcaster
Majid
Commented 1 year ago

Great one! Thank you 👍 Have a question! How many alfa is good for staking?!

MaretusFarcaster
Maretus
Commented 1 year ago

I can help answer this a little bit. Right now, there is no set number because so many people are trying to grow their alfa. if you want to keep growing your subscriber count, keep staking all of your alfa with yourself. At least, that's whats worked for me.

MajidFarcaster
Majid
Commented 1 year ago

I deposited 5000 degen and subscribed to 5 channels! Is this ok?!

kasokaso🎩Farcaster
kasokaso🎩
Commented 1 year ago

Oh I gotta check it out Thanks this 69 $DEGEN

E30SHFarcaster
E30SH
Commented 1 year ago

Hope it will be useful to you sir🫡

kasokaso🎩Farcaster
kasokaso🎩
Commented 1 year ago

Actually it was! I just quoted to my community =D

Ms RulesFarcaster
Ms Rules
Commented 1 year ago

I thought abt you @swim bookmarked to read this weekend 9-5 burning through my study time

Swim 🩸Farcaster
Swim 🩸
Commented 1 year ago

real. 20 $degen

MaretusFarcaster
Maretus
Commented 1 year ago

Thanks for checking out @esish.eth guide. Happy to help answer any questions too. :)

pastel / kirlia.ethFarcaster
pastel / kirlia.eth
Commented 1 year ago

gotta read this, trying to find out what i do with $alfa

E30SHFarcaster
E30SH
Commented 1 year ago

Tried to simplify it as much as I could hope you’ll find it useful man

AmirFarcaster
Amir
Commented 1 year ago

Thank you, Sir, this is wonderful, I've made it to the app but due to the lack of time, I wasn't able to wrap my head around it. 60 $DEGEN

E30SHFarcaster
E30SH
Commented 1 year ago

Happy to hear that it was helpful to you brother🤝

E30SHFarcaster
E30SH
Commented 1 year ago

I made this to help those of you who don’t know how alfafrens works and how to make profit from it… Check it out:👇 https://paragraph.xyz/@esish.eth/alfafrense30

How to make profit from Alfafrens