Content pfp
Content
@
0 reply
18 recasts
21 reactions
Alemac pfp
Alemac
@alemac
i ve shared my $degen lp journey since i added it to @beefy. for transparency, here it's an update; as much as i shared the good things (claimed around 150k degen from rewards), but now the bad too: -my lp position is now all converted to eth asset. -my funds are locked since 'withdraws are temporarily unavailable'. that means my impermanent loss is bigger and bigger. i took the risk of il when i decided to add liquidity, trying to lower my average price, but I didn't accept a funds lock; obviously, i won't be using beefy again.
15 replies
7 recasts
52 reactions
YES2Crypto 🎩 🟪🟡 pfp
YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
I “knowingly” impermanently lost 60 million degen. It doesn’t always help knowing the risks ahead of time
6 replies
0 recast
11 reactions
Ramsey 🎩🤝 pfp
Ramsey 🎩🤝
@ramsey
Sorry to hear that dude. Try during the correction(s), and see if it's worth it to withdraw. If the position is all ETH, does that mean you're not making rewards from fees now, at all?
1 reply
0 recast
3 reactions
0xZahra 🎩 pfp
0xZahra 🎩
@zahrash
Oh shit ,, thats the risk that i told you many times and you accepted it .. but dont worry , you will earn more in future 💜💜 40 $DEGEN for you my best friend
2 replies
0 recast
1 reaction
adexmakai.degen.eth pfp
adexmakai.degen.eth
@adexmakai.eth
I am so sorry to hear this. I am always afraid of il. That's why anything liquidity pool is not my thing.
1 reply
0 recast
2 reactions
Marcelo Terça-Nada 💎🎩✨ pfp
Marcelo Terça-Nada 💎🎩✨
@marcelonada
Thank you for sharing infos with transparency. 50 $degen
1 reply
0 recast
0 reaction
Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
@beefy
1 reply
0 recast
1 reaction
lifehxc.eth pfp
lifehxc.eth
@lifehxc
The error message shows up frequently, but refreshing the page a few times usually makes it disappear. It doesn’t seem the liquidity is actually locked. The main issue is the arbitrage on LP, it should be improved to avoid ending up with only one asset instead of both.
1 reply
0 recast
0 reaction
deriniti 🎩🎭🍖✞ pfp
deriniti 🎩🎭🍖✞
@deriniti
I'm in the exact same boat. and this lock is beyond "temporary".
1 reply
0 recast
0 reaction
Aaron Ho φ pfp
Aaron Ho φ
@aho
IL can be a bitch :( sorry to hear these issues with beefy
1 reply
0 recast
0 reaction
evsim pfp
evsim
@evsim.eth
i was able to get eth 20 minutes ago by pressing refresh button several times. but I lost 30% $degen
1 reply
0 recast
0 reaction
wake pfp
wake
@wake
same.
0 reply
0 recast
0 reaction
web3.js pfp
web3.js
@web3js
good! 🔥
0 reply
0 recast
0 reaction
Pei ☀️ pfp
Pei ☀️
@nicetry
Epic! 🎯
0 reply
0 recast
0 reaction
no faith pfp
no faith
@nofaithvisuals
damn! I should check mine too!
0 reply
0 recast
0 reaction
ZEEDAN🎩🐱👾 pfp
ZEEDAN🎩🐱👾
@zeedan
Real degentlemen
0 reply
0 recast
0 reaction
PHONG pfp
PHONG
@gnohp
good day
0 reply
0 recast
0 reaction
Dani🎩 pfp
Dani🎩
@danibom
Yeah when i violent move like this happens the IL becomes higher than the rewards accrued; i put half of my DEGEN too and the rewards do not cover the IL. The beefy LP should balance the price more quickly but something didn't work i'd say.
1 reply
0 recast
0 reaction