Not a problem @gillianpearce. Please take your time. It's important to understand the risks of DeFi before you put some serious money into it.
What you experienced was impermanent loss. It happens when the price of pooled asset changes. IL can be covered overtime with the rising CUB price.
It's better to put your money in single asset staking like CUB or CAKE Kingdom. Or maybe an LP pair of Stablecoins like BUSD-USDT. Since prices of Stablecoins do not change much, they are resistant to impermanent loss.
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However, when I entered the DEC-BUSD pool one of the reasons I did so was because most people were of the opinion that DEC acted like a stablecoin so, to all intents and purposes, I was entering a stable coin pool. 😂
It didn't turn out that way!
But, it's actually helping me learn so that's good. I just have to decide if I want to pay for that learning with my DEC. I don't think it's coming back to the peg anytime soon.
!ENGAGE 30
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