you thought i was joking about being a cedefi maxi?
lol then again i probably farmed more on defi so maybe defi is still better for me, thats why i engage in it so heavily still
cedefi is good play to bet on normies never crossing the chasm themselves tho
when you have a few hundred on chain addresses, you'll understand why cedefi is a supplementary tool to your overall strategy, and shouldn't be viewed as an opposite or competitive to defi
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i may actually be retarded because i have no idea how the bancor single side LP with IL protection can logically make sense in the long run
the fees captured by the pools within the 100 day period has to offset any losses, or else $BNT goes brrr to cover
doesnt seem sustainable
i suppose the theory behind it is to bootstrap in enough liquidity and gain critical mass so that the fees earned by the system will offset the insurance costs
their model projects ~3 months BE, so there's why there's the 100 days to full protection "catch" for LPs
fwiw
i hold 0 $BNT
i have about 20,000 USDC trying out their liquidity protection thingy