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RE: Geyser versus LeoBounties - Is the LP Really Worth It?

in LeoFinance3 years ago

Awesome, @shortsegments! This long comment of yours got me feeling great about LEO, CUB, and even HIVE. Not that I was doubting them in the first place, but getting my views reaffirmed is worth gold, especially on a day like this!

It's true about the impermanent loss: it only affects one side adversely. Thus I have close to 10K of WLEO, so I should not complain. (Okay, the value of it has also gone down substantially, so I'd be much worse of if I changed it into USD or some other fiat. But I wouldn't be much of a lion doing that, right? Besides, I'm sure its price will come up again eventually, and until then I can make good use of it by curating / delegating.)

I agree 100% on your point about learning. If you put your mind to it, if you stick to it consistently, all your losses will be totally worthwhile compared to the skills you acquire. For this reason I don't want to dissuade you from joining the ETH-WLEO pool on Uniswap. As for me, I think I'll look for a better place to put my ETH. Maybe in the ETH-BNB kingdom on Cub Finance? Though before I do that, I want to reorganize my BUSD and BNB from farms into kingdoms. Oh, I totally hear you. The same losses you've mentioned have affected me too: I used to have way more BUSD and BNB than now. :-( Time to do something about that! Thank you kingdoms!