Oh nooooo, I feel seriously under pressure now! I have to be honest, if I could, I'd have pulled the little amount I invested out. I'm not sure I feel right about thee farms. I just don;t understand the use case or utility and I like to feel like I 'deserve' reward' not just watch counters rolling over....as a preview to tomorrow, here is the current state of my farms on Pantherswap!
The token price is going up from the 1.60 I paid yesterday but APR is decreasing from 2750% when I started this! I've actually made 4 Panthers in the almost 2 days AND managed to sell them but there appears to be very little liquidity. I would have chipped it all in except I couldnt get rid of the pairs I tied together because of the liquidity issues....anyway, the Metamask thing is worth setting up just to get on the Binance Smart Chain and the BNB seem to still be climbing.
Oh good heavens, I sound like 'them' now!
Slap me with a wet fish if I ever do anything like this again please!
How you feeling now with their recent updates?
Hello mate, hope youve had a good weekend!
Well, Im rather impressed with the amount of work they've done in a short space of time. I had a helluva job un liquidating and had to get some help from a guy on twitter who told me to manually input the contract address on Cake swap to get the Panthers sorted. Then when I tried to get back into the game, it was busy and everything was taking for an age. I am just going to try again now and see how things go!
The best thing though is removing the reliance on Pancake swap, the rest, we will see!
This kindergarten noob understand most of what you're saying, so far so good...
I still don't understanding all this pairing thing and why you get over 2000% APR. I'm sure lots of people have written about it, but most lost me from the second sentence. I'm thinking to just shut my eyes and jump into all this. Its all earned from the chain anyway, so if I lose it all, earth to earth, ashes to ashes...
Ill show the pairing thing tomorrow but what you do is buy equal amounts of the each of the token pairs....so in my farm case, I converted Hive to BNB then used (just under, save some for fees) half the BNB to buy Panther ..then it ties them together and they become PANTHER-BNB LP which if you take them out of the farm, show in MEtamask as a seperate token! These are the ones I couldn't split back due to there being no liquidity so I stuck them back in the farm! Every 2 hours you can 'harvest' your Panther but like everything, there is a small fee to pay! Then the tokens appear in your Panther wallet!
Finished my tea already. What next?
Lol...bear with me! They just changed it all from cake swap to their own AMM so I need to get my stake off, convert it and try the new system :-)