🤡🔪 REKT article about how u can lose your money through UNI v3 (Liquidity providing).
TLDR:
Impermanent loss VS Liquidity mining
1:0
50% of UNI V3 LPs are losing money compared to if they just held their assets. Approximate -30% from their funds.
SURPRISE:
1000990% APY does not always mean profit, even if it's a trusted platform like Uniswap.
What to do?
To all newcomers to the DeFi world we highly recommend starting from less risky tools:
- Lending (especially supply option)
- Staking
- Stable coins liquidity providing. No volatility - no IL.
DETAILED INSTRUCTIONS:
We updated pinned post. Now you can find there:
detailed instructions for staking/farming/lending
on the biggest DEFI platforms. And also information about Impermanent Loss 😉
Post #62
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