RE: Catizen Farming is live in Binance Launchpool
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I dont know... it feels fishy. Any problems with the plateform yet?
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You are viewing a single comment's thread:
I dont know... it feels fishy. Any problems with the plateform yet?
Did you read the post?
Yes, but there is always risks. Your post make it appear like there is none and it prints money easy. No offense, just my opinion
I meant to say if someone holds BNB or FDUSD in finance anyways then by participating in farming, one can earn free tokens and there is no risk on participation as coins are not locked and can be withdrawn at any time.
Certainly, you can have your opinions. would like to know what risk you see in this scenario that I explained.
Could be by missing opportunities by holding coins in a liquidity pool with still impermanent losses. Also I dont know if FDUSD has a strong peg, cause i dont know this stable coin. The chances to lose your APR from the reward token losing too much value. Maybe im too paranoid and its only me, but i have been in many LP and things can go south REAL fast!
I have a question- Do you know what Binance launchpool is ? Have you checked it before?
if not suggest you to check it once. There is no LP and nothing like impermanent loss exist there. This is a way to launch a new project. Suggest you check more about it.
Let me know if you need some links for information
Ohhh i might have confused launchpool and liquidity pool my bad :O
its ok mate. happens..