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/biz/ - Business & Finance

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23173729 No.23173729 [Reply] [Original]

What is the difference between Pool and UNI?

I've
196 usdt and 0.52 eth in pool
0.0000308 in uni-vs eth-usdt

Does it matter where you put money?

>> No.23173764
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23173764

UNI gives me about 2.01 uni/week and if i move 196 usdt and 0.52 to UNI it says ill be getting 2.4 uni/week.
What's the catch?

>> No.23173827
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23173827

>> No.23173863

help a retard out plox

>> No.23174157

>>23173863
Ugh fine

Pool is regular pooling, you get fees from trades
UNI is the current liquidity mining pools (should last another 40 days, then it'll change), if you put your Pool tokens into a UNI pool, you'll get both the fees, and the UNI.
There's no catch. It's just liquidity mining.

If this explanation wasn't sufficient, explain your problem better.

>> No.23174391
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23174391

>>23174157
brainlet who has never used it here. So I just add the same amounts of uni and shittoken to the pool and I claim the fees?

>> No.23174488

>>23174391
I'm not sure what you're asking

top of the UI on uniswap you got "Pool"
that's where you add 2 tokens (of equal value) and get "LP Tokens", they represent your ownership in the pool, these pools allow people to trade on uniswap

then you got "UNI"
that's where currently you can put ETH-DAI,-USDC,-USDT,-WBTC "LP Tokens" and get UNI, you receive UNI slowly so you won't be able to claim much instantly

I think you're looking at the UI under "Pool" and the numbers there confuse you

>> No.23174573

>>23174488
still no wiser.

I'll stay the fuck away, thanks for your time.