Apr 20, 2022
Polar Nodes — Making +$150/Week With This “Stable Node”
Polar Node got the Stable insignia, because of the long holding price range. While most other node projects were getting huge spikes, then big drops, and being all over the place, Polar has been ranging between the $2.00 and slowly increasing that range.
Take a look at the Polar Chart Vs Vapor Nodes. Polar has been ranging between $2.00 for a long time. For sure, with a few spikes when they update the contract or provide some Alpha.
Now look at Vapor Nodes, price action is all over the place. Don't get me wrong, I love Vapor probably even more than Polar but price action doesn't lie.
Even though I do not like to mix the words “nodes” and “stable”, I think that Polar has been one of the most stable node projects so far.
Let’s jump into the tiers and lucky boxes available after the V3 Update to see how much money we could be making per week.
Polar is at $2.40 at the moment.
Let’s do some math and quickly see how much each node costs and pays.
Nodes ❄️
Fuji
- Cost: 35 $Polar, or $84
- Reward before ROI: 0.40 $Polar, or $0.97
- Weekly Reward: $6.79
- Reward after ROI: 0.44, or $1.05
- Weekly Reward: $7.35
- ROI Period: 77 Days
Mont Blanc
- Cost: 65 $Polar, or $156
- Reward before ROI: 0.84 $Polar, or $2.01
- Weekly Reward: $14.11
- Reward after ROI: 0.96, or $2.3
- Weekly Reward: $16.12
- ROI Period: 65 Days
Kilimanjaro
- Cost: 65 $Polar, or $156
- Reward before ROI: 0.84 $Polar, or $2.01
- Weekly Reward: $14.11
- Reward after ROI: 0.96, or $2.3
- Weekly Reward: $16.12
- ROI Period: 65 Days
Ushuaia
- Cost: 265 $Polar, or $636
- Reward before ROI: 4.11 $Polar, or $4.15
- Weekly Reward: $29
- Reward after ROI: 4.75, or $11.4
- Weekly Reward: $79.80
- ROI Period: 53 Days
Ushuaia
- Cost: 430 $Polar, or $1,032
- Reward before ROI: 7.36 $Polar, or $17.66
- Weekly Reward: $123
- Reward after ROI: 8.55, or $20.53
- Weekly Reward: $143.64
- ROI Period: 46 Days
Everest
- Cost: 1,050 $Polar, or $2,520
- Reward before ROI: 27.3 $Polar, or $65.22
- Weekly Reward: $458.64
- Reward after ROI: 31.85, or $76.44
- Weekly Reward: $535.08
- ROI Period: 30 Days
Olympus
- Cost: 3,000 $Polar, or $7,200
- Reward before ROI: 84 $Polar, or $201
- Weekly Reward: $1,411
- Reward after ROI: 103.2, or $247
- Weekly Reward: $1,733
- ROI Period: 25 Days
It is safe to say that you can make anywhere from $7/week to $1,700/week, with an investment as low as $84 up to $7,200
Note that the real gains begin after the ROI period hits. The node doesn’t calculate the ROI period depending on price but on the token amount you receive before taxes.
Knowing that your ROI is much longer than stated because of the taxes. Getting your investment back will rely on the token price, and how much taxes you are paying.
Lucky Boxes 🧊
Lucky boxes are mysterious NFTs with 5 levels, all of which follow a different drop rate.
Each lucky box gives you the chance to win a special node. Special nodes have better rewards and lower taxes.
Here’s an example of what you can get from a Neutral Box.
You will always win something with the lucky box, at least an average node. The only downside is that buying that average node can be cheaper than buying the box. So you risk a 10–20% premium to try to get a special node.
Each box has a different drop rate and different special nodes.
My personal experience
I am in Polar since January, my first node is a Mont Blanc, at that moment it was the only node available. I paid $85 for it. Fast forward I have purchased a Neutral Lucky Box and ended up getting an average node, and days later a Ushuaia.
Now, my holdings are 2 Mont Blanc and 1 Ushuaia. Currently making around 9 $Polar tokens for a total of $151/week. I still cash out each week and never compound. If I want to buy a node I do it outright in cash.
Overall, it has been pretty stable. Because they constantly creating new tiers, hyping they have been able to maintain interest in the project. Also, the amount of tokens in circulation is only 1M, I would say that helps. It is way harder to stabilize a project with 10 Billion tokens than one with 1Million. Hype and marketing are good but it gets us so far. I see that there are working to add some more utilities to the project.
Take a look at a tweet from them.
Before purchasing a node make sure you know the risk associated with it, make sure you are diversifying so if one dies, you still have plenty of other projects cash flowing.
Last, I have a creator code, feel free to use it to get an extra discount on your node. 👉DeFiChronicles👈
Make sure to copy/paste exactly, because it is case sensitive.
Private Discord Group, plus Resources Library on Gumroad
Link: https://defichronicles.gumroad.com/l/nonayd
My Passive Income Spreadsheet
Link: https://defichronicles.gumroad.com/l/xwwln
My youtube channel▶️:
https://www.youtube.com/watch?v=aurU-nghWLA
Let’s be friends on Twitter🐥.
@Defichronicles
I also have a weekly newsletter where I share all my latest investments, gains, and losses. Feel free to subscribe. It’s free :)
Disclaimer: This is not financial advice, I am just a guy with a laptop sharing his opinions and experience. This is for entertainment purposes only. Always Do your own research before investing.
