💰❓Uniswap V3: Cons and Pros. How DeFi money printing works❓💰
Advantages:
- Up to 400% APY on any of your crypto
- Earn in ETH, BTC, MATIC, USDT, etc
- Trustworth platform: Audited, biggest liquidity pool.
Risks:
- Impermanent loss (IL)
Impermanent loss (IL) - difference between how much tokens would you have when you HOLD and when you provide them to the liquidity pool. When a token price rises or falls after you deposit it in a liquidity pool, you could lose your invested funds. Average IL can be up to 10%.
📹Finematic animated videos explanations:
>> Uniswap v3 - Architecture Explained
>> Impermanent Loss - How can you lose money
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