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Alemac
@alemac
sharing my $degen position performance on the @beefy lp since march 21. here some stats: degen lp rewards claimed: 100k degen i added 0.82 weth and 646k degen. since $degen is doing better than $eth, it's now rebalanced to 1.458 weth and 306k degen. that means: -340k degen +0.637 eth. if i would swap 0.637 eth for degen now, i would get 348k degen. that means, i'm on the verge of impermanent loss (102 usdc of autocompounded fees helped to combat il). dyor and be careful with il.
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lifehxc.eth
@lifehxc
I really like Beefy, but the problem is having to monitor your investment every day. I've been using the platform for 4 years, but not without issues, you can make gains but you have to stay on top of it daily!
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Alemac
@alemac
of course, when you add liquidity to any pool, you have to monitor your lp each day to check: fees earned, rewards, impermanent loss...
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lifehxc.eth
@lifehxc
The question is, how can we help web3 users earn on their tokens easily and without hassle? We need more examples showing how to generate earns from tokens that are easy. Helping people understand drives adoption.
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