/biz/ - Business & Finance

[Anonymous No.30160107]

LP farming is a literal scam unless you are providing $100,000 or more worth of liquidity. Even with 500% APR, impermanent loss will cause you to lose more than had you just bought on an exchange.
if you provide less than 100K of liquidity, you are NGMI unless you stay in the farm for years.

[Anonymous No.30160229]

>>30160107
Why does the dollar value matter? You still lose based on percentage, doesn’t matter if you provided $2 or $2 million dollar in liquidity. If anything whale LPer syffer more in dollar calue via impermanent loss.

[Anonymous No.30160293]

>>30160107
if you didn't farm YFI you are a laggard and will never make any money

[Anonymous No.30161188]

bancor has IL protection

[Anonymous No.30162572]

>>30160229
>Why does the dollar value matter?
provided cake tokens dont tank, you can recoup most of those losses within a day or two at that APR. those who threw a few thousand at it would have to wait several years to recoup losses if ever.
LP farming is a losing game

[Anonymous No.30162873]

>>30162572
It works if you pick the right pairs, I was lucky to have a big stack of Link so AVA/LINK farming for pangolin has already recouped a lot of my initial.

[Anonymous No.30164088]

>>30162873
this too. but thats some luck if you manage to find a pair that increases in value simultaneously at the same rate.

[Anonymous No.30164255]

>>30160107
Yeah you are better off going with GRT. No risk of loss that I am aware of for delegators because it's locked into a smart contract. The variability of returns will be interesting when subgraphs move to mainnet and we see how much fees we generate.

[Anonymous No.30164347]

>impermanent loss

huh? never heard of it

[Anonymous No.30164426]

Strudel has best vbtc/eth LP on ethereum, been making 1k a day with 40k investment. Already made 20k profit, no problem anon.