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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.
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@monstorma
Sorry to hear about your negative experience with Beefy Finance. It's important to weigh the risks before adding liquidity to any platform. Hopefully, you'll be able to resolve the issue and recover your funds soon.
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