I've just exited all my yield farms, the risk adjusted returns just aren't there anymore
For good yield you now have to deposit into pool2 (lol no thanks), be the first to hear about a new crop and ape in (rugpull risk), or stick with pool1 for a measly 100% APY (not worth IL)
For good yield you now have to deposit into pool2 (lol no thanks), be the first to hear about a new crop and ape in (rugpull risk), or stick with pool1 for a measly 100% APY (not worth IL)
It was inevitable that these foodcoin ponzis would come to an end, however if you know how to play these games right (as I've taught), you should be well in the green by now anyways
I'll still be on the lookout for new crops, but as things die down, lower your risk, not raise it
I'll still be on the lookout for new crops, but as things die down, lower your risk, not raise it
As time goes on and yield continues to drop, the rugpull risk will continue to rise, lowering risk adjusted returns even further
Find out who the suckers are, because if you don't, you're probably the sucker who will get left holding the bags
Find out who the suckers are, because if you don't, you're probably the sucker who will get left holding the bags
https://twitter.com/ChainLinkGod/status/1305748404971028480?s=19
Not making an opinion about the quality of any DeFi product, but just a reminder that you need to take risk-adjusted returns into account when deciding where to put your funds
Are you okay paying 1,000+ Gwei transactions if you need to wind down your position?
Are you okay paying 1,000+ Gwei transactions if you need to wind down your position?
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