@tokenearner 1 March 2021 more from that month

I lost half of my crypto after falling asleep

I woke up this morning expecting to be $1600 richer. Flipping open my laptop, I glanced at the token price from the night before. 🌊 $2.72 The number flickered as my internet connected. 🌊 $0.54 I took another glance. $0.54? Me, a genius yield farmer? Nope. I had officially become a **degen dumbass**. Here's how it all happened I had been liquidity farming Midas Dollar (algorithmic stablecoin on BSC) for a few days, at around 6% daily APR. Midas Dollar (MDO) was trading above $5 for a while due to demand. I was hoping for a huge pump with the release of (official) Midas Dollar vaults. But they hadn't arrived. Then, Midas Dollar started tanking more than it's ever been, dropping below $4. I removed my liquidity and took a bit of a loss.

It was a minor hit, but I was *discouraged*. That called for only one response. Time to make some degen plays My net worth was now around $4k. I sighed as I thought back to the days of farming $5k worth of fresh cryptographically-secured dollars. How I longed for an honest day's work. The PancakeSwap LP farmer inside of me grieved. **"Arrrghh!"** I groaned. How could I live without smelling the fields of fresh crops, laden with infinite APYs? How could I live a life of purpose, when there were no ripe BEP-20 tokens for me to harvest()? Each morning was a slog. There was no reason to wake up anymore. *And then it dawned on me.* What if I set off in search of a new farm? A farm that was so novel that it was just begging to be filled with LP tokens? A farm that was yearning to produce 100-fold yields? The time had come. I opened up Twitter and searched: **'bsc launch'** There was a new spring in my step. My head was held high. I was going to become the richest yield farmer on Binance Smart Chain. The dumbest farmer on Binance Smart Chain I skipped through newly sown fields, each with exciting new crops. 🌮TACO.finance and 🍅BORSHCH.finance caught my eye. But there was one farm that stopped me in my step. I gazed at the gentle waves lapping against the shore of... 🌊 *AquaSwap.finance* Pushing open the gate, I took a closer look at the APRs.

**2,206,087,497% APR?** **Total Liquidity: $0?** This was clearly incorrect. The APR and liquidity hadn't been updated (they still haven't as I'm writing this). But I was hooked anyway. I put in a few bucks to check all the contracts were functioning. All good. I harvested some fresh 🌊 AQUA and grinned in delight. Time to go all in. Tsunami waves? I moved my $4k worth of funds from an old farm and turned it into fresh AQUA-BTCB LP tokens. As soon as my funds hit Aquaswap, they started generating new AQUA. 🌊 AQUA to Harvest updated every few seconds: $0.14, $0.89, $1.35... $15,89... $47.92... I watched as my farmer's dreams began to materialize. How long I had waited for this moment! Never before in my farming career had I seen such gains. Every time $50 dollars of 🌊 AQUA was ready for harvest, I got in my tractor and scooped it all up. Then I reinvested it into AQUA-BTCB LP tokens and put it back to work. Farm go BRRRRRRRRRRRR. Aquaswap's TVL was growing over $400,000. My calculations told me that real daily APR was around 40%. If I compounded the fruits of my labour every hour, that interest rate could reach around 47% daily. Imagine if I could turn my $4k worth of crops into $5.6k+ worth of fresh AQUA? What if I reinvested my profits to the point where I was netting $10 of AQUA per second? It would cause a tsunami of fresh gains! As my dreams grew bigger, my eyelids were getting heavier. It had been a rollercoaster of a day. I was sure that TVL would continue to build, and AQUA would make gains. There wasn't much point harvesting every hour if AQUA pumped anyway. I could do that in the morning. Time to sleep. A degen is born I rose late, groggy from the revolutionary day before. How I longed to see another $1.6k added to my crops. Flipping open my laptop, I glanced at the token price from the night before. 🌊 $2.72 The number flickered as my internet connected. 🌊 $0.54 In the span of 9 hours or so, TVL had dropped from over $400,000 to just above $100,000. Fresh AQUA tokens were now rotting from the exodus. I removed my liquidity. The grim reaper of impermanent loss chuckled as I counted my crops: $1939 My farming capital had been cut in half. Please welcome BSC's newest degen. *Yours truly.* *This is not investment advice, please DYOR. This article was originally published on* *leofinance**.* https://leofinance.io/@tokenearner/i-lost-half-of-my-crypto-after-falling-asleep