txs/day on avarege. And that's just one MP from one guy...
This activity doesn't seam to show on TxCIty. Does it at least show up in blockchain viewers?
Is there a page that explains exactly how these pools work? I cant find anything around it. Need to know risks before giving it a go.
https://docs.riftenlabs.com/
Interesting, this already has more info about their stablecoin project!
thanks, I'm looking at the https://docs.riftenlabs.com/cauldron/liquidity/ page. It mentions how the LPs are rewarded, yet NOTHING about risk. Whoever's in charge of that page should be aware that this is how things feel scammy. Legit investment prospectus' all BEGIN with the main risks
It talks about impermanent loss and other risks somewhere.
they need to fix the lingo you know how financially illiterate "impermant loss" sounds? haha
I agree with regard to how that phrase sounds, but it is a common and old phrase by now, search it and you’ll see many definitions, just like AMM.
My brother in christ it sounds like you are the one that is financially illiterate
Haha yeah I ve heard it many times since inception of ethereum. And every single person who had ever used that term was a losing newbie trader-wannabe with 0 background in finance or econ.
Are you by any chance saying that every newbie who was an LP on Ethereum lost money or am I interpreting this wrong?
No, only I ve seen stats a couple of years ago that they lose $ on average. So of course some will be lucky and make $, or they ll never attract any new fish into the game
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