RE: Playing through the Pain to the Max - Don't Let the Prices Get You Down - Financial Restructure
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@mawit07 told me it was something to look out for in regards to pizza:dec pools. I trust a lot of his info because anytime I looked into any of his info it has panned out to be true!
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I am a terrible investor so don't follow my advice, but follow what is actually happening in the liquidity pools. Those Pizza pools are all near or over 100% APR. Double our money in a year for just parking it in those pools its pretty convincing to me this is a good investment.
Like to add not all investments are safe and in liquidity pools there are concerns of impermanent losses. Impermanent loss is losing a certain amount of one token but I also gain more of another token due to the change in prices. As a whole I still have liquidity. Its not like the central stock markets where I buy a stock and if it goes to zero dollars I literally get zero. Here in liquidity pools the losses I incur is having more of one coin and the less of another. Worse case. Not bad for an investment risk compare to centralized markets.
You are not wrong at all. Those APRs are money (pun intended).. pretty sure the leo:oneup one was like 360% APR last time I checked. I must say tho, as long as the SPS rewards are still happening with certain LPs attached to DEC and SPS, nothing really beats that imo. Once the year long SPS airdrop dries up tho, its gonna be ALL about APR until there are some better LP rewards offered in other token drops etc. I'm in pizza:oneup.