at a discount on arbitrum and aped into a high yielding pool, and then couldn't exit 1:1, even though you got a bonus when you deposited, didn't want to bridge back to mainnet, didn't understand how peg was maintained, and you're upset?
I bought when it was "historically stable"
it's stable now ser, very stable...
yes silly me, I thought to capture some arb distribution, but was penalized by the crvusd rate. and it was well over 0.3% loss, close to 0.5% actually
which for two months it was there reduces the advertised APR by 3%...
Bruh 0.5% loss for 30%+ APY is negligible. If that’s not good enough returns then go elsewhere. I heard PEPE is great.
trying to understand. most of this 30%APY comes from interest obtained from borrowers?
unrelated I think, the rewards on LPs are pool swap fees(likely reduced by curve) and in crv token, (because swap fees go to curve dao) and also for example in arb, bacause arbitrum has been airdropping rewards.
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