To the weekend bears: you think you comprehend bear markets? You merely larped bear szn over 48 hours. We were born in it, molded by it. We didn't see the bull run until we were already thesis-driven investors, by then dips were nothing to us but proof of antifragility.
#DeFi
@billtlee While it's possible the team behind a project could abandon it or fold, as long as there is nothing malicious in the code, everything will continue to function as normal (funds = safe), albeit without updates.
@billtlee No worries! Not sure what you mean exactly. Yield farming smart contracts can't typically "go under". It's just code on the blockchain - not a company. Security vulnerabilities are always a risk tho, so projects often fork battle-tested open source code.
The Pool 1 / Pool 2 dynamic played out in textbook fashion with $PNDA, amplified by the harsh withdrawal penalties
Bear this in mind for future yield farming
I've said it before and I'll say it again
Do not buy these meme/foodcoins
Farm and dump them on Uniswap
This is how to consistenty win the ponzi
Ignore the 10,000% APY allure of pool 2
Take your profits in pool 1 and move on
No, you're not going to miss another YFI
Stay grounded
Definitely take a look at staking $PNDA for Rhino if your risk appetite is higher
Deflationary SafeMoon style mechanics - you get more Rhino just by holding Rhino
https://t.co/FwBMGSHAP6
https://t.co/d1NHdR4WLJ
@BartholomewBis2 Good call, doesn't get safer than the single-asset pools
Check the early withdrawal penalty fees section in the docs too though. They upped the timers significantly!
@BartholomewBis2 Yep. So the "true"/unlocked APRs will be the displayed % divided by 20. That'll still be very high for the first week
I thought $BAO 95% lock 3y vesting was harsh but now looking forward to the December unlock
Unlock = sell pressure but if team can execute price should pump
Strongly recommend joining Bao Discord for latest PandaSwap info https://t.co/xTWooM9Sl8
Market can move very quickly on launch. Aping into $PNDA itself is higher risk than farming a safe pool, but also higher reward. Watch the price closely!
@DenysSytnyk Get $PNDA from PandaSwap itself
You can check out the list of farms here:
https://t.co/DyhyZzidww
Strongly recommend joining Discord for latest info https://t.co/xTWooM9Sl8
Market can move rapidly on launch so my plan is to watch the price closely
@BartholomewBis2 Hard to tell! I expect it to be volatile in the first week. The low risk play would be farming $PNDA rewards with safe coins. Would recommend keeping an eye on the price
Lots more pools to stake in! Also there's added complexity e.g. early staking withdrawal penalties. Definitely hit up the docs or the official Discord for more info
https://t.co/V5a9y1xzSO
https://t.co/xTWooM9Sl8