/biz/ - Business & Finance

>>27566494
>also can someone tell em why this site tells me i'm losing money? I might actually be too retarded to farm bao lmao, maybe I should just stick to hodling
see these youtube videos in this post:
>>27562479

>>27506946
>Why should i farm if i can only get 95% of my farmed bao after 3 years(when the peice will probably dump because more and more bao will get unlocked) insted of just holding it and selling at a higher price?
because your asset will be diluted after the farmed BAO becomes unlocked
see the curve shown here in the official BAO docs
https://docs.bao.finance/distribution-tokenomics

when you see the returns on farming shown here: >>27502572
then it becomes obvious why farming is a better long term strategy than just holding and selling

>>27436310
>but what about the 50k BAO I put in? Will I still be able to do whatever I want with it?
no, it is locked in a uniswap or sushiswap liquidity pool token (BAO-ETH usually)
and you need much more than 50k for it to be worth it
better to do it with at least 1 million

>>27229915
>Outrageous charges to send the coin literally fucking anywhere
Ask me how I know you never sent ETH anywhere, new cunt.

>>27213217
>Why is no one getting in on that with that APY?
because it will reduce drastically with more people joining in
the most stable and best pool is probably the UNI BAO-ETH pool
check out the pools for yourselves and see which one you would be interested in though, depending on which asset you have
BANCOR is interesting, so is chainlink
however, all rewards are paid out in BAO I beliieve

Some asshole chud just posted this.

You people support this and want to keep the little guy out of DeFi?

You think you are going to get away with that?

We will destroy Ethereum.

MUH HECKIN GAS FEERINOS