reply guys

Degen

Degen @beefy LP analysis time (well, MY analysis, so, manage expectations).

1/3

DISCLAIMER: Yes, it's a boosted LP. No, it will not last forever (so far, a month is planned, at least according to @jacek). Yes, you should mind the impermanent loss (IL), as with any LP position. Yes, there are other risks as well (as with any contract you're signing). 

After unlocking most of my Degen, I wanted to try the Beefy LP. Not as replacement for Degen allocation, but more of... something else. Reminder, Degen lock does not make „yield“. This does (well, sorta). I still miss my tip allocation. I liked tipping people. 

The current APY (as promoted on the site, counting the boost) stands at 189%. Results are somewhere in that ballpark. Whether that's a lot or a little is up to you. 

There is a Position Performance section, giving you overview of your position at the time of the deposit, now and change. The fees subsection give data on the fees, in WETH and Degen, as well as how autocompounding fees looks like.

terrific summary and mini-post mortem on the new $DEGEN beefy LP in case you were thinking about tying up your funds.

Data enthusiast 🇯🇵 | Ⓜ️oxie AtoZ

49 countries and counting | from: /kauai love to: /adventure | previously @overpricedjpegs

Thank you Sparkz!

Not a data crunching guy (like @fibo112358.eth) but I wanted to get some actual numbers on this once the initial (unsustainable) APY came a bit down, to get a realistic picture and sum it up in layman's terms.