Let's talk about Bao

[Anonymous No.28962756]

There are people who are saying to hodl but:
1. Baoman himself has stated that hodling will not be a good strategy, since your position will be diluted as more tokens are distributed.
2. Baoman states that the correct strategy is to yield farm. BUT if the price performs as you all suggest it will, all the Bao locked in your LP tokens will suffer impermanent loss (since ETH is unlikely to moon at the same rate)

So what is the correct strategy? Farming as much as possible until the end of the year? Not worrying about dilution? Please let's discuss.

[Anonymous No.28963026]

>>28962756
Here's a solution, don't use bao in your main farming lpt

[Anonymous No.28963096]

i dont have enaugh to farm as a poorfag, so i just hold.

[Anonymous No.28963507]

>>28963096
you will soon. xdais great.

[Anonymous No.28963866]

>>28963026
Shit apy in those pools tho.

IL shouldn't affect you really, the only people panicking about it are NUMBER GO DOWN brainlets. For example if you have 5m staked and "lost" 2.5m to IL and get a little extra ETH to make up for it say 1m worth, you've only "lost" 1.5m to IL. But how much did you farm with that stake? You should have well over 10 million farmed with a stake like that.

Take my poorfag stake for example. I staked 1.3m 3 weeks ago, am only "down" 60 dollars on my LP tokens due to receiving a near equivalent amount of ETH to my BAO lost. However, I have over 2m farmed and it'll be 3m by the time I unstake at the end of the month. When I unstake I'll receive 5% or 150,000bao which will cover both my IL and unstaking gas fees, and the remaining 3m that's locked was farmed for "free".

[Anonymous No.28964572]

>>28963866
this.

[42 No.28964664]

>>28962756
>Baoman states that the correct strategy is to yield farm
yes

[Anonymous No.28964778]

>>28963866
you will be able to farm using stable coin pairings soon. your IL will be negligible if you transfer to that when the option is available.

best strat is to find a token with a stable price that lacks volatility. do this with every L2 chain Baoman launches and begin soaking up major token rewards through varied chains.

You're chain liquidity rewards will be stellar and you will make insane APY especially if you're early.

[Anonymous No.28965346]

>>28963866
150000 bao will cover the gas fees?
you're lucky to break even

[Anonymous No.28965583]

>>28962756
>your position will be diluted as more tokens are distributed.
I hodl anyways. If that's true i can sell my baos at eoy by a good amount. when those 3 year farms get unlocked the price will slowly dump anyway.

[Anonymous No.28965909]

>>28962756
honestly farming is the play but if you're a retarded poorfag who's never had money seeing the red makes me want to an hero, pic related

[Do better No.28966299]

https://www.youtube.com/watch?v=DVj6lW3V7Q0
>*BAO MAN HIMSELF EMERGES FROM THE FOG AT 0:07*
AYO I’M GONNA RUG YOU LIKE I’M ALADDIN
PUTCHA CASH IN BEFORE BAO COMES A-CRASHIN’
“Milk me like a cow!”, NIGGAS KEEP UTTERIN’
I CHURN YOUR ETH LIKE BUTTER, LOW IQ NIGGAS CRYIN’
CAUSE THEY FELL FOR ANOTHER SCAMCOIN (ay we just got baoswap on xDai nigga come on!)
BAO TEAM ASSEMBLING, AND I KEEP TREMBLING
NIGGAS Do better ET AL. KEEP FUDDLING
I FUMBLE AND STUMBLE WHEN THEY BE COMING IN, CRUSHING EMPIRES
SKY CASTLES CRUMBLING
MY BODY START RUMBLING
LIVIN’ A DOUBLE LIFE BUT CAN’T CALL MYSELF A G
DUMPLING BALOON, BAO MAN, BAO BUBBLE *pop*
ANOTHER FUD ON AN IMAGEBOARD
DAMAGE CONTROL ON MY DISCORD
THIS AIN’T GONNA LAST FOREVER NIGGA
BEEN LIKE A MONTH yuh, WHAT UP?
(The absolute and unironic state of this scam.)

TOLD ‘EM EOY 1 BUCK, SCAM IT UP
FORTY-BILLION DOLLAR MARKETCAP LIES, EAT ‘EM UP!
I DREAM OF EIGHT FIGURES, WILL PULL THE RUG TO PICK IT UP
IF I GET DOXXED I’LL GET SHOT AND FUCK IT UP
BAD “BULLISH” FUDDERS MAKE ME LOSE MY LUNCH
BAD DISCORD BOTS MAKE IT LOOK LIKE SOMEONE GIVE A FUCK
THIS GON HAVE LASTING BAGGAGE ON MY LIFE, MY BODY IN A TRUNK
CUFFS-A-DOUBLE-CLINK, OBJECTS-IN-MY-STINK
I SHOULD HAVE JUST WENT ALL-IN ON CHAINLINK
I’LL BE DEAD, OR LOCKED BEHIND SOME CHAIN LINKS
RUGPULL BEFORE MARCH 1ST (95% locked liquidity nigga!)

YEAH NIGGAS LIKE “show your source code bro, you trippin’”
WHITE PAPER SAY DIFFERENT, SAY HOT DAMN, THIS IS A SCAM
BE PATIENT, I SAID NOT FOR SPECULATION
NOW GIVE ME YOUR MONEY SO I CAN TAKE A VACATION
THEY HURT THEMSELVES, NIGGAS PAY ME FOR RECREATION
$250 GAS, BETTER HODL THROUGH THE RUGPULL (o no no no no no!!!!!!)
BETTER HIT THE GAS BEFORE SOMEONE FINDS ME
WHEN I GET DOXXED IN THE BITTER END
IF I DON’T STOP NOW THEN I’LL BE BAOTTER OFF
dead

[Anonymous No.28966434]

>>28962756
Stfu

[Anonymous No.28967323]

>>28965909
Where'd you get these numbers annon?

[Anonymous No.28967710]

>>28967323
apy.vision. Screenshot is a bit old since it was snapped at BAO ATH, but i spent 200$ on this and it's worth more than 8000 now lmao. IL has absolutely destroyed me.

[Anonymous No.28967711]

>>28967323
He staked very very early at a very very low price. Look at his starting ETH. So even though hes crying about 5m bao lost, he should have like 100m bao farmed by now. 5%/5m of which he will immediately receive back upon unstaking. Apy.vision only reflects the assets current price not the price he staked at. Also that screenshot is old because the bao lost to usd lost doesn't correlate to the current price.

[Anonymous No.28967877]

>>28967710
Take a screenshot of your farm right now and apy.vision right now. I'm curious if my guesstimates:
>>28967711
Align with reality lol

[Anonymous No.28967960]

>>28963866
>>28967711
>>28967877
btw checkem

[Anonymous No.28968000]

>>28967711
I fucking wish I had that much lmfao. Being a poorfag makes me want to rope, as you can see ive barely broken even in 2 months since im a poor.

[Anonymous No.28968154]

Explain to a no coiner how to start participating in bao? I bought some bitcoin when it was 3 bucks and spent it on runescape gold.

[Anonymous No.28968184]

>>28967877
i just don't want to be poor man here you go

[Anonymous No.28968293]

>>28968000
>>28968184
Thanks for the updated numbers.

[Anonymous No.28968959]

>>28968000
you have more staked than i do, i only have 420

[Anonymous No.28969001]

I’m staking gro-eth pair it’s 3000% APY

[Anonymous No.28969601]

>>28968184
See your LP tokens are up over 1000%, you only staked 250 bucks and your LP tokens are now worth almost 3000. If you add that to your farmed bao, you are still net positive by a lot. Is it as much as you would've had by holding and selling perfectly timed at the ATH of .00300? No. But you are still way up on your farm man.

Here's mine for example, my farm has only "cost" me 60 dollars because I staked at a higher price approx 3 weeks ago. I'm just saying it's not as big a deal as people make it out to be, if you don't tunnel vision in on the amount bao/usd lost in the left hand column.

[Anonymous No.28969893]

>>28965583
Nope. Pic related.

[Anonymous No.28969974]

explain how this is no ponzi

[Anonymous No.28970285]

>>28969974
It is, now leave

[Anonymous No.28970441]

>>28970285
enjoy your bao in 3 years lmao

[Anonymous No.28970565]

>>28970441
oh look it's that faggot

[Anonymous No.28970627]

>>28963866
Look you dumbfuck retard. You pay hundreds of dollars in gas fees to stake and unstake just to lose money due to IL.

Spoiler alert: these will all be fucking worthless by the time this shit unlocks. Even if this vaporware doesn't just plummet to zero like all the other similar scams, the inflation from farms unlocking would drive the price down massively.

I swear all you BAOtards are totally braindead and only see "woah big number, I'm gonna be rich!!!"

[Anonymous No.28970953]

>>28970627
I like your new approach to FUDDING, but stick to posting MASSIVE LARGE WALLS OF CAPITAL LETTERS TO STOP PEOPLE FROM BUYING FAGGOT

[Anonymous No.28971550]

>>28970627
>t. bought the top

[Anonymous No.28971617]

>>28969601
He clearly bought when BAO was extremely cheap. If he just held and sold the top he would be up over 3x vs. farming plus he would have saved hundreds in gas fees.

Incompetent retards just constantly (and continue) spam that farming is just objectively better, when it's not. It's only better if you both have a large stack and actually think these vaporware food tokens will be worth a lot years from now.

[Anonymous No.28971737]

>>28971617
No one expected Bao to go parabolic in the short term

[Anonymous No.28971992]

>>28971617
My wallet stack is 5m and I only have 1.3m staked in a farm. Nobody said stake your whole stack. Having a bunch liquid in a wallet hedges against the token mooning.

[Anonymous No.28972016]

based

[Anonymous No.28972187]

>>28971992
So does the 5% harvest and added wETH in the pool.

[Anonymous No.28972257]

>>28971737
Yes, they did you fucking retard. They just didn't understand or convey IL or how that massively slashes any short term profits if you're in a farm when BAO increases in price. Check the early threads and almost no one at all even mentions IL, yet everyone just constantly shills the farms.

The people in this thread who were remotely early, could have made anywhere from 3-5x more holding compared to farming. That's not even including the hundreds of dollars in gas fees.

You should only be farming if you actually think this vaporware food token trash will be relevant years from now. Or it could just plummet to zero like the dozens of other clones.

Enjoy holding your bags retard. You dumbfucks just get so greedy with your little farming minigame that you don't even understand basic economic principles nor do you realize how much you lost in the short term (anything <1 year) with farming instead of holding.

[Anonymous No.28972396]

>>28972257
Look at how mad this guy is LOL

[Anonymous No.28972452]

Yep, were back to the FUDing midwit-filter threads.

[Anonymous No.28972796]

>>28970627
>these will all be fucking worthless by the time this shit unlocks
except it won't because it will be burned to make synths