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Mic-

Correct me if Im wrong. is farm where you provide

a pair but get rewarded by the protocol's token (in this case YOK with no impermanent loss) AND pools is where you will get rewarded back with the pair provided (with impermanent loss)?

#cryptocurrency #english #nervos
0

22 ответов

21 просмотр
Chris (won’t message first)-

You got the farm part correctly. The pool is just staking with a high APY rate, very straight forward

0
05.01.2022
Mic- Автор вопроса

but for example, if I stake ETH/CKB and the reward is in YOK. Why would there be impermanent loss because I am not getting rewarded in ETH/CKB?

0
05.01.2022
Chris (won’t message first)-
Mic
but for example, if I stake ETH/CKB and the reward...

If the value of ETH and CKB move together (mostly) then you’re good, but if the values of each coins get too far apart then you would have just been better off holding the one coin that has continued to increase in price.

0
05.01.2022
Rose-
Chris (won’t message first)
If the value of ETH and CKB move together (mostly)...

Hello! Kindly move price/trading discussion to the Nervos unofficial community @NervosUnofficial Thank you!

0
05.01.2022
Chris (won’t message first)-
Mic
but for example, if I stake ETH/CKB and the reward...

But it depends on your goals, if your primary goal was to simply accumulate YOK, regardless of eth or CKB price, then you’ll win either way (depending on what the price of YOK does)

0
05.01.2022
Rose-
Chris (won’t message first)
But it depends on your goals, if your primary goal...

Hello! Kindly move price/trading discussion to the Nervos unofficial community @NervosUnofficial Thank you!

0
05.01.2022
Paulo-
Chris (won’t message first)
But it depends on your goals, if your primary goal...

Are deposits for Stakes not cumulative? For each deposit is added + 30 days locked?

0
05.01.2022
Mic- Автор вопроса
Chris (won’t message first)
But it depends on your goals, if your primary goal...

im assuming the popular goal is to accumulate CKB?

0
05.01.2022
Mic- Автор вопроса
Chris (won’t message first)
Yes for most people, myself included

so what strategy you use? I wish there was a CKB staking to get YOK

0
05.01.2022
Peter-
Chris (won’t message first)
Yes for most people, myself included

Could you please answer to my question or indicate me who to refer for support?

0
05.01.2022
Chris (won’t message first)-
Mic
so what strategy you use? I wish there was a CKB s...

Simple really, just provide an LP pair to CKB-YOK farm, harvest daily, trade rewards back to CKB. Repeat

0
05.01.2022
Mic- Автор вопроса
Chris (won’t message first)
Simple really, just provide an LP pair to CKB-YOK ...

ok, you dont put yok in the pool to get more yok to buy ckb? Actually...isnt there more potential with YOK cause it's new?

0
05.01.2022
Peter-
Chris (won’t message first)
Simple really, just provide an LP pair to CKB-YOK ...

How do we transfer CKB to bridge address in order to bridge sUSD

0
05.01.2022
Cesar-R

Fuck u

0
05.01.2022
Chris (won’t message first)-
Mic
ok, you dont put yok in the pool to get more yok t...

Are use the farm instead of the pool because the farm has a 40 X multiplier, and has proved to be much more lucrative for earning YOK

0
05.01.2022
Mic- Автор вопроса
Chris (won’t message first)
Are use the farm instead of the pool because the f...

ahh. i didnt notice the 40x.

0
05.01.2022

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