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RE: The X-Factor, APR and Your Piece of the Pie

in LeoFinance4 years ago

Thanks for that clear explanation.

Given what you've said am I right in thinking that depending on Stake and number of others in the pool it would be possible to make more CUB in a lower APR/X pool where there are fewer people to distribute the CUB to? D you could be better off being a big fish in a less popular pool rather than a small fish in the CUB/BUSD one for example.

Posted Using LeoFinance Beta

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Nope, it's all about the pure APR. You can ignore the X, that's just one factor that affects the APR for each den or pod. But the APR is the only thing you need to look at. Whatever has the highest APR is where you get the most gains. But farms have risk in having either pair of your tokens sold if that token goes up in order to buy the other token pair to match in the equal USD value of the LP token.

Posted Using LeoFinance Beta

Thanks for the clarification. I obviously still haven't got the hang of how this works yet. 😊

!ENGAGE 10

Posted Using LeoFinance Beta

There has already been too much ENGAGE today.