/biz/ - Business & Finance

>>50406378
based general, now fuck your links and lets talk about ICE and how it will pomp

>>50406454
idk about that one anon

>>50406454
The meeting that saved Europe

>>50406378
autofarm is a piece of shit. they lost 11 million dollar of user capital, charged them for AutoSAFU meme, which should be a protection.

never compensated a single cent to users. stay away, its not worth it.

Wait so there's a difference between this and staking???

>>50406378
Use SNX

>lose your stack general

>>50406599

arent you bullish on the idea and technology behind it though?
Concentrated liquidity kills CURVE for most asssets, and the ability to always be earning the maximum yield is powerful

>>50406378
>40% apy on coins with fixed value compared to fiat

This seems sustainable. Nothing suspicious about this at all.

>>50406378

>>50407452
damn /biz/ thinks my explainer post is spam...that APY isnt a fixed APY anon. With yield farming, which those opportunities are there is a set pool of emissions that are set aside for the farm, say 1000 tokens per day. If you take those 1000 tokens and divide it by how many LP tokens are in the pool, the APY (not sure why this anon is mentioning APY instead of APR here) comes to the 40% rate. The more tokens in the farm, the more the rate is diluted.

>>50407452
>>50407500
The main goal of farms right now is to create a healthy pool of liquidity for whatever pair is being incentivized. The protocols are able to figure out how much they need, and then provide incentives right off the bat to meet those needs, this provides a window of opportunity for those early in the pools to attain ridiculous APRs for a short while, were talking 1hour-1month or so depending on how visible the farm is. over time the APR/Y drifts down to what would be a "sustainable" level by legacy finance fucks, in reality as long as the protocol has someone who is forward looking and can do math, whatever APR is generally sustainable for the protocol.

ive been yield farming for a while and its been extremely lucrative. I have a pretty simple but strong strategy for YF. I might be slow this morning but I will try to answer any questions you guys have about YF. I will say this though, right now isnt the best time to get into fresh farms. If we are at the bottom and you go into YF you run the risk of IL when the prices start to go up. If we are not at the bottom, you will see your capital drain away and possibly your yield dry up. Neither of these is a problem as long as you can wait on your hands until the prices return to their mean.

>>50407568
Explain to someone retarded here. Why would my funds be liquidated if the price goes up if I'm just borrowing?

>>50407763
lol what? Borrowing and being liquidated are not part of yield farming. They are part of leveraging.

>>50407763
When you put tokens into a liquidity pair, they have to be equal at all times. So if you put $100 of one token, $100 of the other must also be added. Now if the price moves on one token and not the other, an imbalance occurs, one tokens sells off for the other to bring their $ value back to 50/50. This is called impermanent loss, the loss of one side of the pair for the other. This becomes an issue when one of the tokens moons / dips while the other remains the same. Think of IL as loss of potential money. However the loss isnt as great as people generally think, its something along the lines of each 100% divergence is a 10% loss on whatever token has its price changing. This is countered by waiting until the divergence is close to 0 before removing liquidity.