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chii-ka!
@chii-ka
26548Moxie UPⓂ️ I think LP pool is better than FT these days🤔
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ŁΞℕ♾ℕ ⛃ 🎩Ⓜ️
@lenonmc21
I would like to know this difference between LP and FT, in LP is the impermanent loss, with the prices going down in Moxie, how could I face this loss? Also, if for example I put 500$ in LP, 250/250, how much FarScore could I earn? I am struck by this.
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chii-ka!
@chii-ka
5score. Interest rates fill some non-permanent losses.
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ŁΞℕ♾ℕ ⛃ 🎩Ⓜ️
@lenonmc21
I understand, so with 500$ I will have 5 Score. I forgot about the interest rates earned on LPs, plus it can work with compound interest to gradually increase. To get out of the LP, we buy with the USDC Moxie and go for FTs, it becomes a cycle. Thank you very much, now I do understand the difference and the LP.
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chii-ka!
@chii-ka
Oh, sorry. 170k moxie + usd = 3.4score
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ŁΞℕ♾ℕ ⛃ 🎩Ⓜ️
@lenonmc21
Ahh so it's like this: 170k Moxie on one side plus the USD equivalent of that same 170k, would be 3.4 FarScore, is that right? That would be approximately 291$ in Moxie and 291 USDC.
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