tegridy

[Anonymous No.22460296]

> mfw farming using link
> mfw can hodl and farm shitcoins at the same time
>mfw can sell the free shitcoins ive farmed for more link
is it really this easy anons?

[Anonymous No.22460310]

impermanent loss

[Anonymous No.22460325]

>>22460296
if you are risking your link you ain’t got no tegridy

[Anonymous No.22460365]

Consider a LINK-USDC pool on Jan. 1, 2020. The price of LINK is $1 and there’s a Uniswap pool with 1,000 LINK and 1,000 USDC. K, the constant product, is 1,000,000 (1000 x 1000).

Alice contributed 100 LINK and 100 USDC to this pool, giving her ownership of 10% of the pool’s total assets, notwithstanding any new deposits to the pool.

On Jun. 1, 2020, the price of LINK is now $4. If LINK is worth $4 and the constant K is 1,000,000, that means there are 500 LINK and 2000 USDC in the pool.

Alice owns 10%, so she can redeem 50 LINK and 200 USDC—ignoring liquidity provision fees earned—as of June 1. This is worth a total of $400 ($200 of LINK and $200 of USDC). Compared to her initial investment of $200 ($100 of LINK and $100 of USDC), Alice made a pretty sweet return. But let’s put this into perspective.

What if Alice didn’t provide liquidity and just held her 100 LINK and 100 USDC? Today it would be worth $500 ($400 of LINK and $100 of USDC). Further, what if Alice actually had 200 LINK, but sold 100 of them for USDC so she could partake in liquidity provision? She would have 200 LINK, which would now be worth $800.

[Anonymous No.22460525]

>>22460365
damn son. unironically good advice.
but as of now im farming with single asset. link only. more or less risky? since ill get my linkies out unless i get rugpulled

>>22460325
talkin to me bout tegridy, i aint never sol a single linkie. i just makem work for me

[Anonymous No.22460548]

>>22460525
also my ID is lucky, so i think im good at this point