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Lex-Mochi

Which one is better staking or farming LP ?

#blockchain #cryptocurrency #elrond #english
0

8 ответов

14 просмотров
Zara - no KYC on ThorStarter-

regular staking is safer, farming is risky business. It's a trade-off between risk / reward and there's no black and white answer

0
30.11.2021
Lex-Mochi Автор вопроса
Zara - no KYC on ThorStarter
regular staking is safer, farming is risky busines...

Risky in what sense ? Exploit ? Hack?

0
30.11.2021
MadAndCrypt0-Catalin A
Lex Mochi
Risky in what sense ? Exploit ? Hack?

Impermanent loss mate. That's the reason why rewards are bigger

0
30.11.2021
Zara - no KYC on ThorStarter-
Lex Mochi
Risky in what sense ? Exploit ? Hack?

exactly IL. Like I said before here I lost three times as much from IL than I gained from farming on maiar

0
30.11.2021
MadAndCrypt0-Catalin A
Zara - no KYC on ThorStarter
exactly IL. Like I said before here I lost three t...

Mate, IL is permanent only when you go out. If you still stay in the pool you gonna be surprised

0
30.11.2021
Lex-Mochi Автор вопроса

If you farming it long term, wouldn't the reward counter impermanent loss ?

0
30.11.2021
A-
Lex Mochi
If you farming it long term, wouldn't the reward c...

That’s what I’m trying to calculate. Doesn’t seem anyone would know what the actual numbers might look like? So far..I’ve farmed, harvested and restaked all the gains day in and day out… and I’m sitting about where I started, I’ve added up all the MEX..all the EGLD… converted them. Everything at dollar value..what I put in vs. what it’s currently in the farm. However, when you withdraw from the farm seems you getting just a percentage of it.. not what you actually put in the farm. ie. If you got 1.0834 LP staked made out of 1.9751 EGLD + 950,351.6562 lkMEX, you won’t get the same amount of EGLD and MEX when you withdraw, allegedly.

0
30.11.2021

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