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How to accumulate #EGLDs while lowering your risk compared to trading by Liquidity Providing [THREAD].
We will focus on the $EGLD <> $USDC pool but this strategy works with all the others but are more risky
#ElrondCommunity #ElrondNetwork
We will focus on the $EGLD <> $USDC pool but this strategy works with all the others but are more risky
#ElrondCommunity #ElrondNetwork
If you are having trouble managing your $ELGD bag by selling high and buying low. LPs are a good way to do the same thing while reducing your risk of loss.
What strategy to adopt?
Instead of farming indefinitely and suffering the impermanent loss on the downside as well as on the upside, the goal of this strategy is to mix DCA, trading and DeFi
Instead of farming indefinitely and suffering the impermanent loss on the downside as well as on the upside, the goal of this strategy is to mix DCA, trading and DeFi
