I don't get it. The whole new #DEX business as part of #DeFi Yesterday I also jumped on the #Emberswap hype train. I only had my last two $10 payments from noise in my wallet - total of $19 (because BCH price dropped) as liquid money. So as you can see, I got out with $22 in $flexUSD, plus some leftover BCH. My point is, what's the point of all this? It's almost guaranteed the longer I stayed in the farm, the smaller my profits would be and eventually I'd be in loss (thanks for Impermanent loss and EBMER's price drop).
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I think longer time investment might be better. By that time price would have stabilised and you might have farmed plenty of the reward tokens. There is so much price manipulations short term. Not that even long term is any different though. The problem like I pointed out in my last post is that of very low liquidity in the network as a whole. This gives room for so much manipulation.
Good point. But that's not root cause of the problem. I'm not specifically talking about sBCH, it's the same almost everywhere. The whole concept. Nothing new. Just whoever exits the ship before sinking wins, the rest will carry the burden
You have a point though. The thing is, crypto just like life, is a zero sum