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23089090 No.23089090 [Reply] [Original]

>everything is crashing but still earning fees from LP and staking

This must be 0.00000001% what it's like to be Coinbase or Binance. Crashing, mooning, doesn't matter, you always win. Well, sort of.

>> No.23089097

>>23089090
>what is permanent loss

>> No.23089112
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23089112

>>23089097
i-it'll go back up

>> No.23089141

>>23089090
Happy enough with 80K and 5 dollar a day. LP shares reminded me too much about the that New Zealand exchange share

>> No.23089190

>>23089141
>Happy enough with 80K and 5 dollar a day.
???

>> No.23089254

>>23089190
okex savings. Its just 2.5% apy with daily payouts, but no risk involved.

>> No.23089356
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23089356

>>23089254
oh neat

I added this 2.6k worth of liquidity two days ago and already earned $23 though. Not bragging obviously, it's just $23, but it seems like LP earnings can be nice, you would probably make a nice bit with 80k worth of LP if you can find good pairs. I don't really see what the risk is as long as your not providing liquidity for rugpull scams, that's where you get impermanent loss

>> No.23089435

stake that shit baby! ENcore the only thing still mooning and providing great APY ... 1200%

add liquidity here, zap directly from ETH to LP tokens on site:

ENCORE is fucking mooning boys. Didn't get in earlier? no problem, you can still add liquidity and there's even a sweet deal on top of it!

add liquidity here: envault.finance/lp.html

you get an extra 10% bonus for the next 3 hours for using the site instead of uniswap. they are trying to cut down on the bots that try to remove liquidity on uniswap.

throw an ETH at it, APY is crazy right now, over 1000%!

envault.finance/lp.html

>> No.23089493

>>23089356
as a newbie to this the tips I would give would be to only provide liquidity for tokens you actually want to own anyway (ie. ETH and ____) so you won't feel bad or start to worry if your holdings start to swing one way or the other (ie. a bunch of people start selling LINK for ETH and you end up with a bunch of LINK and less ETH). Obviously it will normally end up swinging back anyway but I could see it being unnerving if you're providing liquidity for some shitcoin scam for some reason

And ideally look for pairs that have low liquidity but decent volume so you can get a good %. I think I may have gotten lucky with the one I found but I'm better there are others out there

>> No.23089532

>>23089356
The risk is more of subjective nature, I don't trust it and want to keep my stack. Maybe I try it out with 2K someday and see how it goes, but for now, will rather stay with the Xu

>> No.23089559

>>23089532
>I don't trust it

yeah I understand, but from what I also understand it's not possible for Uniswap to exit scam and steal your money or something like that, assuming that's what you're worried about

>> No.23089574

>>23089097
Core didnt have impermanent loss built in? Oh no... Oh no no no

>> No.23089575

Bros I only have half my linked staked in YFV's balancer pool.

Should I take my other half and put it in the uniswap link-eth pool and forget about it?

>> No.23089593

>>23089574
I mean no* IL built in.
Sucks to suck

>> No.23089610

>>23089356
What pair is this? How do you mitigate imperm loss?

>> No.23089615

>>23089575
depends how much it is, it has to be big enough that the gas fees for depositing/withdrawing don't completely dwarf whatever fees you would earn

>> No.23089651

>>23089610
it's my top secret pair >:)

if I'm understanding impermanent loss correctly, you mitigate it by not providing liquidity for scam coins that will go to 0, lol

>> No.23089720

>>23089615
It would be 5000 link

>> No.23089800

>>23089720
well you'll need an equivalent amount of ETH to provide liquidity. Assuming you don't have that and would have to convert half the LINK to ETH, that's $43k of liquidity (until Drumpf tweets again or CZ is arrested) which I can only assume would give you enough fees to make it worth it.

You're not going to get as much "ROI" as I'm getting but because there's already so much liquidity on the LINK-ETH pair but surely you'd make enough that you'd at least cover gas fees in a few days

>> No.23089824

I should add, there might be some way to calculate this beforehand, but I just jumped in head first

>> No.23090030

>>23089090
you sir are an idiot. you lose more in a hour, than you get in a year