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/biz/ - Business & Finance

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21870959 No.21870959 [Reply] [Original]

It's fundamentally retarded to add Balancer liquidity with BZRX and stake LP tokens, right?
If BZRX moons you get absolutely destroyed by impermanent loss

>> No.21871355

>>21870959
Yes, if you stake LP tokens you will get fucked hard when BZRX shoots to $2

>> No.21871358

This is still comfy. Even with the pull back along with the entire market it's still up 10% for the week. Once the market bounces back, just in time for the relaunch, it's moon time.

>> No.21871388

>>21870959
Yes, the team is pushing it hard but I’m going to do regular staking

>> No.21872198

Could hedge yourself with a leveraged long position on BZRX at the same time.

>> No.21872331

>>21872198
Where could one do this?

>> No.21872362

Not a matter of if, but when it moons

>> No.21872447

>>21872331
Are you retarded?

>> No.21872510
File: 207 KB, 400x386, kek.png [View same] [iqdb] [saucenao] [google]
21872510

>>21872331

>> No.21872580

>>21872331
Someone needs to invent a defi platform with margin trading. I think it would be popular.

>> No.21872795
File: 125 KB, 640x294, you are gay.png [View same] [iqdb] [saucenao] [google]
21872795

>>21872331

>> No.21872890

gonna moon so hard