Interesting. When I fill out the fields (and I think I've filled them out right) it shows me in negative profit on all time frames (p.s. I'm working with less than $1000 Value Locked).
Does that sound right? Does it become more difficult to profit with smaller collateral over time?
Sry for newbie questions, this is my first time in Defi farming and I want to get it right, also get out now if it is no longer profitable with the levels of $value I can afford to stake.
Cheers Shane
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Hi o/
I made a new version for people with low value locked, checking when is it more efficient to compound compared to once per week. You can find it here:
(just modify the green box)
https://docs.google.com/spreadsheets/d/1nuU6VBUyb61CmhmYEIqsqPFn7dxLs3uzlLhNi_qdLWs/edit?usp=sharing
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Thanks for the updated sheet @tyrnis. I was just changing the hours manually on the original, but always nice to have a better formatted copy. 😃
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I'm glad this is useful :)
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Hi, what does Net Gain exacly mean?
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Net Gain is what you are going to gain over one day/week/month if you compound every X hours comparing to compounding once a day/week/month. This depends mostly on the gas fees and on the locked value you have in the dens/farm.
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Ok, thanks! Wrote about it and recomended your work: https://leofinance.io/@klausklaus/cubdefi-optimal-compounden-cubdefi-optimally-compound
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It's definitely possible. If you want to send me your numbers in a DM on Discord, I can double check the, Shane#1517
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Thanks for the offer.
But tradewatchblog explained what I did suspect actually, that for smaller amounts it is better to just claim once/day.
:)
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Hey @raj808 yes that's probably right, it just means compound once per day - there's no advantage to compounding more frequently than that with your current holdings.
It's important to note that in any of those scenarios you're not actually making a loss, you just make slightly less money than if you compounded once per day.
The tool is not designed to tell you whether or not CubDefi is profitable - no matter how big your stake is, CubDefi is extremely profitable!
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Thanks for the update. I suspected that it was still profitable for lower amounts and this spreadsheet wasn't showing total end profit as it were.
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