#12 Different ways of Farming GLP
In this thread
1) TLDR, Whats @GMX_IO & $GLP
2) GLP farming, when is it bad for you as a farmer
3) Leverage GLP farming
4) Delta Neutral GLP strategy
5) Why is it hard to delta neutral perfectly, Cost
6) Summary
FTX aside, avoid businesses/exchanges/projects that:
- are not profitable (musical chairs)
- survive by selling their own tokens
- give high incentives for locking your tokens
- have a large total supply, but only a small circulation supply
- involves loans
Stay #SAFU 🙏
“DeFi” is a poor term, should have been called “on-chain finance”
Not every blockchain-based financial application is aiming for maximum trustlessness and decentralization
Many are a hybridization, where components of varying levels of trust-minimization are composed together