DAO split in MINE-UST and ANC-UST vaults.
Today. I withdrew. and the total was 530 UST and 8 Apollo Tokens farmed (yet to get, but it shows on the community farming)
So. What happened to the remaining 16 UST?
That's what it's hard for me to understand
search impermanent loss on google
And you will figure out that unless you are very experienced or just lucky - You are going to make less money farming as oppose to just keeping your original stash!!!!
https://finematics.com/impermanent-loss-explained/
I did the same and found out the hard way too - there are impermanent loss calculators online that will give you a good idea of the risks involved - basically in LP if one of the coins goes up or down more than the other one it creates an imbalance and you gain on one coin and lose on the other (actual coins) So as I said luck or experience - not for the feint of heart 😊 Like me!
Yeha I'm not sure I'm good at it. I really wanna learn tho.
Maybe helpful? https://www.youtube.com/watch?v=T7z4yVOEsB8
Thanks Taster - I'm sticking with HODL, stake, IDOs and avoiding LP - its a risky business 😉
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