RE: EasyDeFi Group A: report to investors week 34

[cflclosers]

this is interesting. I didn't know it existed. I want to learn more and maybe try this.

you just earnings? what happens to the original money you send?

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Comments

[shortsegments]

Hi @cfclosers
Info from another post.

The pooled Leo is converted to BLEO, via the trusted Leofinance bridge, then one half is exchanged for Cub, and one half is exchanged in BUSD. These assets are deposited in the Cub-BUSD farm. The Cub-BUSD farm earnings for each week are distributed to each investor based on how much of the pool their investment accounts for.

The original investment stays in the liquidity pool, we’re it generates daily income, and is subject to impermanent loss. So you may lose a portion of your original investment, but since you are getting close to 100% return in one year it seems like a good investment.

If you have any other questions let me know.

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[cflclosers]

I always see references to impermanent loss in posts but never paid much attention to it because I wasn't into pools. But now I need to learn about it. I rushed into the pleo-wmatic farm on polycub without really knowing what it was.

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[shortsegments]

Oh, sorry to hear that.

I think IL is important to understand, as it is a source of potential loss…

… but if the APR is high, the rewards are usually greater then the potential losses.

Plus they are like most paper losses, not real until you sell.

But as long as the project is growing and improving you can recover from those potential losses.

That’s how I view them. :)

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[cflclosers]

And I always understand that any loss can be rescued via hive. That's really the beauty of hive lol.

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