/biz/ - Business & Finance

[Anonymous No.53896000]

Somehow I lost 100 dollars creating a DAI-USDC LP on Arbitrum

[Anonymous No.53896011]

not a very interesting thread if you don't tell us exactly how, on what principal, and so on

[Anonymous No.53896047]

>>53896011
200 DAI and 200 USDC for 400 dollars total on "zyperswap" I think it's called.
Give me like 10 minutes to take a shit and I'll post the transactions.

[Anonymous No.53896117]

>>53896047
ouch, that's a nasty hit
i'm remotely aware of zyberswap. started as uniswap v2 fork and then moved to a quickswap v3 fork or something
still, they're not outright scammers. perhaps you should bitch in their discord

[Anonymous No.53896167]

>>53896117
Me creating the LP
https://arbiscan.io/tx/0xa2697a173be5ed8d63899983e90ac732112e153305985f170bcd150e8db48b23
Me removing the LP today
https://arbiscan.io/tx/0x5697e54547a444d68555f222f61ef69fa0941acbc3799acad81ffce176a9df16

[Anonymous No.53896230]

>>53896167
from your transaction flow, you deposited to impermax then leveraged then deleveraged
maybe you got rekt by il

[Anonymous No.53896252]

>>53896230
Damn, I thought there was no IL on stabels LP.
Oh well, it's whatever. Lesson learnt. Thanks my dude.

[Anonymous No.53896270]

>>53896167
or liquidated. either way, we can see the losses come from impermax leverage
https://arbiscan.io/token/0x252cd7185db7c3689a571096d5b57d45681aa080?a=0xd278aeea49837b1f751a05a23092836a77bb18cd
you enter with 0.000197 SLP, and come out with 0.000146

[Anonymous No.53896412]

>>53896270
next step is this guy knows your name and your address. he is good.

what is your background? I'm an oldfag with 2020 experience on uniswap and 1inch. are other chains besides eth not a failure or scams anyways?

[Anonymous No.53896424]

>>53896412
wow, what a nice ID.

[Anonymous No.53897255]

>>53896000
More like Garbitrum