[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 48 KB, 1000x800, F23AA18F-B2C5-476F-8735-C2C5759C2946.png [View same] [iqdb] [saucenao] [google]
19899128 No.19899128 [Reply] [Original]

With the recent explosion of liquidity mining, we are left behind, not wanting to lose linkies providing liquidity. But there is a way.
1. Create a pool in Balancer.
2. Buy sLink in synthetix, which is pegged to link via chainlink oracle, snx is our friend.
3. Provide link-sLink liquidity and earn Bal tokens weekly.
4. Sell BAL for more linkies.
5. Profit

>> No.19899151

Lmao
> Post brappers
> ????
> Profit

>> No.19899169

>>19899128
Who borrows sLINK and why is the rate so profitable?

>> No.19899193

>>19899169
Anyone shorting or longing

>> No.19899238

>>19899169
>why is the rate so profitable?
risk

>> No.19899259

>>19899193
And apparently the number of people has recently significantly increased?
>>19899238
1-10 how risky would you reckon?

>> No.19899743

No one is borrowing its a synth from snx which is pegged to be 1:1 with link, so it can be traded on their platform

>> No.19899927

>>19899193
You borrow an asset (I. E. Link, btc, etc) to short. You borrow stable coins to long

>> No.19900229
File: 128 KB, 920x498, linkers.jpg [View same] [iqdb] [saucenao] [google]
19900229

yes