Degen

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.

THE Yield Optimizer. anon cyber punks making defi boring. 

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.

Crypto user, Pixel art creator, Build /base-french


i just removed!!! thank you for your message!!!