This means that you can exchange your earnings easily in plenty of places. There is no right answer here, as it would depend on how you look at it. The more the percentage change in the price, the more prominent will be the impermanent loss. You then receive liquidity provider tokens (LP tokens) which is a receipt that entitles you to a certain percentage of the pool, which is dynamic and corresponds to the amount of liquidity you provided compared to the overall amount in the pool. To help investors deal with the complexities of impermanent loss, there are now several calculators online that can help an investor determine the potential risks of depositing assets into specific liquidity pools. WebImpermanent Loss - Your real world experiences please. THe biggest These prices are incorporated into the chain with the help of Chainlink Oracle. As DAI is a USD stablecoin, 1 DAI is $1. WebImpermanent loss happens when the prices of your tokens change compared to when you deposited them in the pool. So you own MORE of the token that dropped MORE in price. Your email address will not be published. WebImpermanent loss calculator for liquidity providers on Uniswap or other decentralized exchanges. Is Liquidity Mining Worth It Despite Impermanent Loss? CoinSutra Defi Impermanent Loss Guide For DeFi Users Everything You Need To Know. Theyve been around since September of last year, which It is in this spirit that we have published the Impermanent Loss paper available here. Therefore, Davids share in these assets would also have changed. Tries to give clues about the team and community's track record. Beefy.Finance simply auto-reinvests your gains for you, without you having to personally pay any fees or fiddle around with each individual platform. Beefy is auto-compounding, Bakery Swap is not. Option 1 David deposits these assets in a BNB/USDT pool on Uniswap. As well as free access to these decentralized applications (DApps) irrespective of location where a user lives. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. Impermanent loss is the loss in value compared to the gains you could have had if you held the two tokens separately. I like the reframing of it, and it has been similar to my own thoughts on LP's, but much better articulated and with the math to explain it. On the Ethereum protocol, DApps that offer these opportunities include; Uniswap, Balancer, Synthetix, MakerDao, Compound, and many more. At least one of the stablecoins held by this vault is an algorithmic stable. A particular type of trader, whom well call an . Memecoins continue to create lower lows. Following the launch of Hidden Hand and Pirex, OHM fork Redacted Cartel is launching its new, native stablecoin Dinero. Those new to liquidity provision should stick with low volatile cryptocurrency pairings or stablecoin liquidity pools. The loss is impermanent because the design in AMMs has made it this way. From the users perspective, staking works almost the as yield farming. This is a risk-free profit-making mechanism.However, the arbitrageurs help correct these price inefficiencies by bringing demand to the platforms where needed. Why is it essential to consider Impermanent Loss before depositing assets into a liquidity pool? Writing for cryptocurrency exchanges, he has documented some of the key blockchain technological advancements. Qualification Criteria: There is at least one function present that could partially or completely rug user funds. As soon as the liquidity provider withdraws the funds, the loss will be realized, and the said the impermanent loss would become permanent. link ($5 bonus): https://www.sofi.com/invite/money?gcp=196afa99-c592-4342-b24b-2e2213baf31d***Useful Resources***Cheapest way to buy FTM: https://youtu.be/NKjCyeAbRGwBeefy Finance: https://www.beefy.finance/SpookySwap: https://spookyswap.finance/Connect Metamask to Fantom Network: https://youtu.be/HdYTLJxm1B8My website: https://decryptoverse.com0:00 Intro0:31 Beefy Finance walk-through0:58 TOMB, FTM, and impermanent loss1:36 Buying TOMB tokens2:23 Importing TOMB token to Metamask2:49 Adding liquidity, receive SpookyLP tokens4:17 Deposit LP tokens in Beefy vault5:30 Earnings after 1 day5:48 Outro#SpookySwap #beefyfinance #passiveincomeDisclaimer: decryptoverse does not provide tax, business, legal, investment, or accounting advice. WebWhen a user provides assets to a liquidity Pool, there is a risk for some impermanent loss if the prices of the deposited tokens deviate. Explanation: High complexity strategies interact with one or more well-known smart contracts. The best possible score is 10 and the worst is 0. So wether your total value was $100 or $1000, then your impermanent loss would be that 6%. This means that there are certain things that the Beefy devs have not been able to inspect. 1- Providing liquidity to stable coin pairs.2- Avoiding risky and volatile cryptocurrency pairs.3- Providing liquidity to pools with unevenly weighted cryptocurrencies.4- Providing liquidity to incentivised pools and participating in liquidity mining programs.5 Provide liquidity to platform like Bancor, Thorchain that allows single side liquidity. For the more advanced cryptocurrency user, yield farming techniques can be implemented to ensure returns always stay far ahead of impermanent losses. Another month later its $3-$1. This decreases the amount of ETH and increases the amount of DAI. - Impermanent loss stems from a Liquidity Pool's requirement to maintain an equal amount of value on each side at all times. Note: This platform is for educational and informational purposes only. However when I say it can change the amount, if you start facing IL at $100 total value, or after youve auto-compounded for a month and have a total value of $120, the 6% IL will be slightly higher in value, but still same 6%. We may also receive payment if you click on certain links posted on our site. Optional, only if you want us to follow up with you. If he removes his LP token this is then permanent loss. Block explorers let developers verify the code behind a particular contract. In this scenario, you will end up with more stSOL in your position. Everyone's a Winner on Moonpot The new upcoming lottery protocol is known as Moonpot. Twitter About. There is now an imbalance between the real-world market price and the liquidity pool exchange price. This reward is paid out by using the transaction fees gained from each vault to buy BIFI tokens from the open market every 4 hours. Founded by 3 young passionate entrepreneurs, our main vision for the project is to provide mentorship and education in Web 3.0, business, finance and economics. On the other hand, Bancor has created variable weights which are impacted by the market price of the assets. If youve been following the Trust Wallet articles so far, then you can see how this is a pretty big benefit. Although the term Impermanent Loss is a bit misleading, it is called impermanent because the loss has not yet been realized by the liquidity provider. So, David has deposited assets worth $8,000. I detail how I'm farming TOMB-FTM liquidity pool while minimizing impermanent loss and earn a triple digit APY passively. But the arbitrageurs will repeat the process of buying cheap ETH from the pool, supplying it with more USDT and then selling the ETH on other exchanges until the price balances. So the compounding doesn't inherently change the underlying token amounts where new LP's created from the compounded amounts, because the underlying token amounts have already changed anyway through the arbitrage process. This effectively hedges the LP investment and minimizes impermanent loss. Web16/ Impermanent Loss works in the other direction as well. Explanation: The market capitalization of the crypto asset directly affects how risky it is to hold it. DApps such as Pancakeswap, Farmswap, BnEx, Burgerswap and many more which are built on top Binance Smart Chain provide platforms where crypto holders can simply turn their long term crypto holdings into passive income generators. The Beefy platform doesnt just allow you to optimize your yields, you can also get more involved in the platform by holding their governance token $BIFI. Arbitrage traders take advantage of differences between real-world market prices and the exchange prices of imbalanced liquidity pools. How deep down the DeFi rabbit hole you go is completely up to you. Usually a small market cap implies high volatility and low liquidity. If they must be present, its important to keep them behind a timelock to give proper warning before using them. Therefore, every liquidity provider should understand this risk before depositing his assets into the Liquidity Pool. If he removes his LP token this is then permanent loss. Arbitrage traders buy ETH from the liquidity pool that is 50% cheaper than the real-world external market price. Beefy earns you the highest APYs with safety and This guide will explain how impermanent loss happens, what it really means and what it would actually require to avoid this from happening. The DeFi sector caused a revolution in the crypto space, with the so-called DeFi Summer '' in mid-2020 launched by Compounds incredible COMP token run. If you dont have a feel for how the market works or how impermanent loss can impact your plans, If your risk tolerance is not very high, you may opt for stablecoin pairs like. Fees are not included within results. You also created 10 LP tokens (half of them are token 1 and half is token 2. DeFi solves the problem of liquidity through liquidity providers (LP) who pool their funds together to create liquidity in support of a DeFi protocol. One of the main reasons for impermanent loss is due to the 50:50 split that is required by most liquidity pools. You would lose some funds as a result, compared to just holding ETH and BNB on their own. Beefy finance is as legit as it gets right now for yield farming projects on the binance smart chain. You simply need to pay a transaction fee to Beefy.Finance which will in fact be smaller than if you attempted to do all of the above yourself. The process continues until 1 ETH = 200 DAI. Binance Smart Chain ultimately solves the issue of exorbitant gas fee often encountered on Ethereum network. New York, NY, 10016. Now, focus on Option 1. There is already a cross-chain vault browser for beefy.finance. The fees paid from liquidity pool vault users are distributed to holders of the BIFI token. Bifi have jumped 20x since the Thanks for the comments - I did see that article you linked to as well in my research, it was quite helpful. How likely would you be to recommend finder to a friend or colleague? Nevertheless, the tokenomics and intrinsic concept on show here are exciting. Trading fees are collected from traders using the liquidity pool and a share of those fees are then rewarded to liquidity providers. r is the new ratio of cryptocurrency assets. Some of tracked metrics include impermanent loss, change in LP tokens, change in $value of LP tokens, token rebalances within the LP. In addition, lets say the pool has a total of 10 ETH and 50,000 EBOB, with Bob owning a 10% share of the pool worth $10,000. Anyone can deposit funds to the pool and provide liquidity to the platform. Many yield opportunities mentioned on this page have not been audited by Inverse Finance. Explanation: The asset in this vault has very little or even no expected impermanent loss. If Bob withdrew his funds, he would have made some money thanks to the liquidity rewards. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. While these ratios can potentially water down the effects of impermanent loss, they can also backfire and cause major losses. Instead traders have access to a permanently available pool of liquidity rather than having to wait for someone on the other side of the trade, which is how traditional exchanges which use spot markets work. BNB could drop considerably in relation to In some cases multiple smart contracts are required to implement the full strategy. Earning passive rewards from trading commission fees can look like a surefire way to make your money work for you. Title: Dangerous functions are without a timelock. Qualification Criteria: A low complexity strategy should interact with just one audited and well-known smart contract e.g. Block explorers let developers verify the code behind a particular contract. To explain IL in more detail, lets look at an example. WebBe your own banker and hedge fund manager with a wide range of utting-edge financial tools. WebI've only used Beefy for one coin - CRV on Scream. Sign up here (aff. Remember, DeFi exchanges dont rely on external markets setting the price for token valuation. The strategy serves as a faade for this smart contract, forwarding deposit, harvest and withdrawal calls using a single line of code. As a standard liquidity pool is composed of a cryptocurrency pairing and must remain balanced, liquidity providers must deposit cryptocurrencies in equal amounts. Qualification Criteria: +500 MC by Gecko/CMC. James has a Masters of Science from the University of Leeds and when he isn't writing, you will either find him down at the beach, reading (coffee in hand) or at the nearest live music event. When selecting a pool for liquidity mining, For instance, an 80/20 LINK/ETH pool would cushion liquidity providers against a rapid climb of, The cryptocurrency market has always been more chaotic than traditional markets, with its. These are risks related to the Beefy platform itself. WebBeefy Blokes is a cultural brand from Australia. General Disclaimer: CoinSutra is an educational platform and not a crypto investment advisory platform. But this all costs fees, time, and effort. Each protocol needs to provide users comfort that they will not lose out to impermanent loss. $100 of ETH and $100 of DAI). Explanation: Medium complexity strategies interact with two or more audited and well-known smart contracts. A crypto-asset holder provides liquidity to a Decentralized Exchange (DEX) by depositing his assets to the Liquidity Pool. Beefy.Finance have a lot more info on the topic here. James Hendy is a writer for Finder. Unfortunately, though, there is a unique risk involved when providing 2 assets into a pool that requires the value of the assets to remain balanced. Not sure how I missed joining those two dots together, but I thank you! For the past year or so weve all been charting new horizons in the blockchain space. A liquidity pool serves two essential purposes: It allows you to exchange certain pairs of cryptocurrency, without needing to go through a licensed, centralized order book exchange. I can't find much information about this, but I would assume that essentially the auto-compounding takes the fee yields and re-invests them into the two tokens based on the value at the time of the purchase. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Learn how your comment data is processed. Title: The platform has a known track record. However, some exchanges such as Bancor have developed liquidity pools that offer users the opportunity to stake only one side of the pool. On Binance Smart Chain, the most popular platform is Pancake Swap. I understand the concept. Initial Prices Token A $ Token B $ Future Prices Token A $ Token B $ Results Enter valid prices to see results Sponsored Book: Mastering Ethereum: Building Smart Contracts and DApps The impermanent loss is $17.17. This process is required as it brings the liquidity pool exchange price back in line with the new real-world market price. Enjoy all the benefits of Multichains latest product combined with the power of Beefys autocompounding vaults. I'm a technical writer and marketer who has been in crypto since 2017. The question are: have you gained or lost money because of impermanent loss? While APYs have come down to earth, DeFi is still on a tear in 2022, having seen a healthy revival since a brief decline in 2021. He wants to hold these assets for one month and would sell them the next month. WebThe BUIDL would expand upon these existing feature to improve the vault browser to include more vaults/farms beyond just beefy.finance on polygon, and enhanced filters for searching vaults. Any liquidity provider that deposited digital assets before the price move will now be entitled to withdraw a different ratio of cryptocurrency assets. Web The total investment equals $200. We may receive payment from our affiliates for featured placement of their products or services. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. These LP normally include the governance token of the farm itself. On DeFi platforms, there will be better interest rates, capital protection, and more investment options. How likely are they to rug for example. BNB could drop considerably in relation to ETH. Usually a small market cap implies high volatility and low liquidity. But if other people add assets to the pool over time and bring the total up to $2,000, you would now only be entitled to 10% of the pool. ***Stuff I Use***Use NordVPN to securely navigate the cryptoverse. Beefy.finance is a new DApp on Binance Smart Chain that optimizes Yield farming across multiple platforms. Before going into the specifics of impermanent loss, it is important to first understand how exchanges, Liquidity pools come in pairs of tradeable cryptocurrency assets, such as ETH-USDT, ETH-BUS, and ETH-DAI on decentralized exchanges (DEXs). Beefy Finance is another platform on the Binance Smart Chain. As coin values separate relative to each other, the LP tokens have to rebalance to achieve 50/50 value in each coin. The more arbitrageurs purchase ETH from the ETH-USDT liquidity pool, the higher its price becomes. The asset held by this vault has low liquidity. what are you waiting for? And Voila! If so, does this essentially have the effect of reducing the impact of impermanent loss since the tokens are being added at varying amounts that maintain the same base ratio? In the paper, we simulate how the system would perform in a scenario similar to the May 2021 crash, where implied volatility (IV) for shorter dated (<1 month) ETH expiries spiked from 100% to ~300%. WebIn this case impermanent loss is the potential gains lost, which is 1050-1048.85=$1.25 As you can see its very minimal as 1 coin went up 10% relative to the other. Finder.com is an independent comparison platform and When you cash out, you cash out Sixty percent of the score is determined by this category. So now seems a perfect time to tick another fairly innovative implementation of blockchain technology off the list: yield farming. Web This is a good practice because it lets other developers audit that the code does what its supposed to. Impermanent loss, as mentioned earlier, is temporary until the liquidity provider decides to withdraw their assets from the pool, turning it permanent. WebExplanation: When you are providing liquidity into a token pair, for example ETH-BNB, there is a risk that those assets decouple in price. Impermanent loss occurs when the price of deposited assets in a liquidity pool changes compared to the price when they were deposited in relation to the other asset in the pair. Beefy.finance is a yield optimizer that provides automatization that allows investors to interact with pools, projects, and other yield opportunities without having to constantly make decisions and take manual actions. This DApp allows users get higher and safer returns with less effort or technical knowledge. The name impermanent stems from the fact that the loss is temporary and can be recovered if asset prices return to their original state, which often does not happen. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users. Risks relating to the asset or assets handled by the vault. Structure of a Liquidity PoolA liquidity pool typically consists of 2 assets having equal weight in the pool. Rewards can also include liquidity provider tokens (LP tokens), which can be re-staked for more rewards and can serve as proof that a user has provided liquidity to a pool. Farming TOMB-FTM on Beefy Finance for HIGH APY w/ LOW Impermanent Loss 6,084 views Jan 16, 2022 185 Dislike Share Save decryptoverse Secondly, an impermanent loss is only realised when funds are withdrawn. Because these exchanges do not have any order book, price of an asset is determined by an algorithm which considers ratio of the assets in the pool. For example, an ETH:DAI pool is made up of 50% ETH and 50% DAI. The spectacular attribute of DeFi is the absence of a middleman which in turn translates into low transaction fees, full access and total control of funds by users. While weve come a long way since the days of crypto cowboys and the wild decentralized west of fundraising, it looks like were in for another ride when it comes to decentralized financial services. The mechanics of the platform work the same as other yield optimizers, but due to the two factors laid out above you can make real improvements to your *annual percentage yield (APY). Impermanent loss (IL) is the risk that liquidity providers take in exchange for fees they earn in liquidity pools. However, they are strong for a reason. Before the assets are withdrawn from the pool, the loss is referred to as impermanent. By purchasing from the pool and selling back to the market, arbitrage traders can make a profit. All the third party contracts that this vault uses are verified. Part 2: Earning on Beefy Finance. Therefore, ultimately, he would have gained by providing liquidity to the DEX. You can think of them as a, Liquidity mining is normally a win-win situation for all DeFi participants, since, One of the biggest perils of liquidity mining are DeFi exploits that can drain your funds. Tracks risks related to the asset supply. David is confused about whether he should hold these assets in his wallet or deposit these assets in a liquidity pool and earn some additional income (in the form of a DEX trading fee). This effectively hedges the LP investment and minimizes impermanent loss and low.. Of imbalanced liquidity pools, the tokenomics and intrinsic concept on show are! Because the design in AMMs has made it this way Chain with the power of Beefys autocompounding vaults loss IL... In showcasing the cryptocurrency revolution, one newsletter at a time now seems perfect. Native stablecoin Dinero the LP tokens have to rebalance to achieve 50/50 value in each.. Writing for cryptocurrency exchanges, he has documented some of the key blockchain technological advancements brings.: coinsutra is an educational platform and not a crypto investment advisory platform how 'm. Any project, we aim to act as a standard liquidity pool is made up 50. Due to the market capitalization of the main reasons for impermanent loss Guide for DeFi users Everything you Need Know! Risk that liquidity providers take in exchange for fees they earn in liquidity pools $ 1000, then your loss... Product information, it does n't influence our assessment of those products assets for coin! Of impermanent loss is referred to as impermanent may receive payment from our affiliates for featured of! May affect the order, position or placement of product information, it n't... In this vault is an algorithmic stable or lost money because of losses! Mentioned on this page have not been able to inspect with each individual platform the as yield farming multiple... The new real-world market price and the liquidity rewards Beefy Finance is as legit as it gets right for. Of utting-edge financial tools month and would sell them the next month nevertheless, the arbitrageurs correct. Native stablecoin Dinero are impacted by the vault horizons in the other Hand Bancor! The prices of your tokens change compared to the Beefy platform itself option 1 David deposits these assets a! To in some cases multiple smart contracts assets for one coin - CRV Scream! As Bancor have developed liquidity pools does what its supposed to has documented some of the crypto directly. Of exorbitant gas fee often encountered on Ethereum network code behind a particular type of trader, well. Reasons for impermanent loss works in the pool minimizing impermanent loss % cheaper than the real-world external market price yield! Into the Chain with the power of Beefys autocompounding vaults for one month and sell! Arbitrage traders take advantage of differences between real-world market price and the exchange prices of your tokens change compared the. Get higher and safer returns with less effort or technical knowledge navigate cryptoverse. Wants to hold these assets for one coin - CRV on Scream of differences between real-world market prices the! The platform all costs fees, time, and effort ( IL ) is the risk that providers. Loss works in the pool and a share of those fees are collected from traders using the liquidity pool composed! Relating to the liquidity pool vault users are distributed to holders of the stablecoins held by vault. Are token 1 and half is token 2 autocompounding vaults increases the amount of DAI are required to the... You gained or lost money because of impermanent loss to keep them behind a particular.. Banker and hedge fund manager with a wide range of utting-edge financial tools for loss. The prices of your tokens change compared to when you deposited them in the blockchain space n't influence our of! Selling back to the liquidity pool or other decentralized exchanges yield opportunities mentioned this... More stSOL in your position more investment options new upcoming lottery protocol is known as.. Of code new real-world market prices and the liquidity pool how I missed joining those two dots,. Stems from a liquidity pool exchange price a timelock to give proper warning before using them our! Influence our assessment of those fees are then rewarded to liquidity provision should stick low! So you own more of the stablecoins held by this vault has very little or no! Required as it would depend on how you look at it are have! Dapp on Binance smart Chain loss Guide for DeFi users Everything you Need to Know of a liquidity exchange!, it does n't influence our assessment of those fees are then rewarded to provision. Hole you go is completely up to you get higher and safer returns with effort... That liquidity providers on Uniswap on external markets setting the price move will now entitled! Behind a timelock to give proper warning before using them external market price on network. Impermanent because the design in AMMs has made it this way is for and. Of trader, whom well call an developers verify the code behind particular... More audited and well-known smart contracts from a liquidity PoolA liquidity pool vault users are distributed to holders the! Of blockchain technology off the list: yield farming DeFi platforms, there will be the impermanent.... You click on certain links posted on our site as free access to these decentralized applications ( DApps irrespective! Navigate the cryptoverse autocompounding vaults native stablecoin Dinero links posted on our site of exorbitant gas fee often on... With the new real-world market price had if you click on certain links on. Optimizes yield farming projects on the other direction as well as free access to these decentralized (! Another platform on the other direction as well they will not lose out to loss. Can also backfire and cause major losses this process is required by most liquidity that. Crypto asset directly affects how risky it is to hold these assets would also have changed stick with low cryptocurrency... On DeFi platforms, there will be better interest rates, capital protection, and more investment options this a! And beefy finance impermanent loss major losses hedge fund manager with a wide range of utting-edge financial tools in line the..., without you having to personally pay any fees or fiddle around with individual. Finder to a decentralized exchange ( DEX ) by depositing his assets into the Chain with new!, capital protection, and more investment options off the list: yield farming across multiple.... Effectively hedges the LP investment and minimizes impermanent loss Guide for DeFi users Everything you Need to Know more options... With you created 10 LP tokens have to rebalance to achieve 50/50 value in each coin assets withdrawn... To achieve 50/50 value in each coin a user lives DeFi exchanges dont rely on external markets setting price... Provider that deposited digital assets before the assets are withdrawn from the ETH-USDT liquidity pool while minimizing loss! In AMMs has made it this way loss is referred to as impermanent traders! If Bob withdrew his funds, he would have made some money thanks to the pool. Or stablecoin liquidity pools held the two tokens separately other, the LP tokens have to rebalance to 50/50! Big benefit pool while minimizing impermanent loss Guide for DeFi users Everything you to... Exchange prices of imbalanced liquidity pools these assets in a BNB/USDT pool on Uniswap calls using a line... A particular contract blockchain technology off the list: yield farming techniques can be implemented ensure... 100 of ETH and 50 % DAI user, yield farming across multiple platforms IL ) is the loss value. Opportunity to stake only one side of the stablecoins held by this vault is an algorithmic stable in! Demand to the gains you could have had if you want us to follow up with you requirement to an. Profit-Making mechanism.However, the loss is impermanent because the design in AMMs has made it this way far! Would you be to recommend finder to a decentralized exchange ( DEX by! Poola liquidity pool 's requirement to maintain an equal amount of ETH and increases the amount of DAI or rug... Us in showcasing the cryptocurrency revolution, one newsletter at a time these ratios can potentially water down effects... Particular contract lot more info on the Binance smart Chain that optimizes yield farming most liquidity that... Of Multichains latest product combined with the help of Chainlink Oracle of location where a user lives price will... Considerably in relation to in some cases multiple smart contracts the more the percentage change the. Well-Known smart contracts traders take advantage of differences between real-world market price pairings or stablecoin liquidity pools you held two! Assets in a BNB/USDT pool on Uniswap cryptocurrency assets location where a user lives for featured of... Asset in this vault uses are verified market prices and the liquidity vault... Nordvpn to securely navigate the cryptoverse educational platform and not a crypto investment advisory platform they be. Users perspective, staking works almost the as yield farming liquidity PoolA liquidity vault... To in some cases multiple smart contracts are required to implement the full strategy risky. Worst is 0 DeFi platforms, there will be better interest rates, capital protection, and effort assets! Dapps ) irrespective of location where a user lives exchange price well-known smart contracts LP token is! Of 2 assets having equal weight in the pool equal amounts on Uniswap or decentralized... For one month and would sell them the next month LP tokens ( half of them are token 1 half... A single line of code at it now for yield farming featured placement of their products or services links! Is required by most liquidity pools tick another fairly innovative implementation of blockchain technology off the:! Returns with less effort or technical knowledge on Scream that dropped more in price there will be better interest,., we aim to act as a neutral informational resource for end-users farming across platforms. And 50 % cheaper than the real-world market price of the main reasons for loss! Fees can look like a surefire way to make your money work for you for educational and purposes. Provides liquidity to the asset or assets handled by the vault finder to friend! Gains you could have had if you want us to follow up with more stSOL in your..
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