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RE: Forget the Dens, let's get back to farming, kind of.

in LeoFinance5 years ago

The more I read about people moving their tokens between the Den and Farms the more I realise just how little I understand what's going on.

I got into the DEC/BUSD farm but had to swap half my DEC to get the BUSD. Now I'm wondering if I should have swapped the rest of the DEC for a different token. I'm in awe of all of you that understand this stuff. It seems really complicated to me with so many moving parts. 😂

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You are just like me hehe, I have only staked in a den because it is straightforward hahaha.
These other things of farming and the likes are still confusing me.

These other things of farming and the likes are still confusing me.

We have to start somewhere though, right? 😁

At least we're having a go.

!ENGAGE 20

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Yeah, at least we have learned how to stake in a Den hahaha, our next big step is farming and I read Kingdoms(whatever they are) are also coming!!

I'm not so sure that I've got the staking in a Den right to be honest. I compounded today and think it cost me more than I earned in the week. I was so frustrated I wrote my first ever LeoFinance post about the experience. 😂

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Sorry about the bad experience, let me check out the post

staking in dens is definitively easier and less risky than farming.

But for questions feel free to ask on Leo Finance's Discord.

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I think I will stick with staking in dens hehehe.
A quick question, I have some 90 Leo in my HE, should I stake in dens or try one of those farms or just leave it in Leo??

I think LEO will be appreciating in value once the Bridge is deployed. Maybe it's a good idea to hold them. But I'm not very savvy. I'd ask in the LeoFinance Discord :D

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Hahah I hear you! Don't get me wrong, I don't know more than you!.

A good place to learn is Leo Finance Discord. There are people who are willing to kindly solve your doubts.

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A good place to learn is Leo Finance Discord.

Yeah. A couple of people have said that. I'll be checking on my Farm results tomorrow and then I'll pop into Discord with any questions that arise. I feel like I need to do a it more learning before I know what to ask though. 😂

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Indeed! this is another level. I sometimes feel I'm playing with my money lol.

Exactly! 😂

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The concept of inpermanent loss which u dont understand fully scares me from farming

Yeah. I know what you mean. Although I find it more frustrating than scary. So much so that I just published my first ever post on LeoFinance to get it off my chest.

The only reason I gave it a go is because I had DEC that wasn't being utilised. Without that I wouldn't have bothered. 😂

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