Very true, there are big risks. Recently I moved most of my farming to BUSD-USDT LP. Not all that sexy, but pretty low risk with a sweet 70%+ APR. If they have that in the Kingdoms w/ auto-compounding I will probably move into that.
Posted via neoxian.city | The City of Neoxian
I don't know if that pool is used as much. You get more out of a LP based on how often people use it. But you are also risking more if the price moves on you.
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It isn't. The APR is one of the lower ones (but still in the 70% range last I checked). But having been bitten with some losses @ goose finance I decided I'd go the safer route. I don't have a ton in it yet, but it is earning me about $1/day now and I don't have much to worry about impermanent loss or devaluation of the coins I'm holding..
Yea I made a mistake about the risk since your pooling stable coins. But I don't think you get much added to your LP since I am unsure how many people will be routed through that pool
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