đ§ Todayâs key takeaway: Yield farming
PancakeSwapâs liquidity farms offer CAKE as a reward.
When calculating returns, factor in both impermanent loss and a potential drop in the reward tokenâs price. Looking only at the displayed annualized yield can make your returns seem higher than they are.
Only invest what you can afford, and leave yourself room to exit.
$SUSHI is SushiSwapâs token. SushiSwap got its start through yield farming in 2020.
Whether to buy is up to you; Iâm just sharing information.
PancakeSwapâs liquidity farms offer CAKE as a reward.
When calculating returns, factor in both impermanent loss and a potential drop in the reward tokenâs price. Looking only at the displayed annualized yield can make your returns seem higher than they are.
Only invest what you can afford, and leave yourself room to exit.
$SUSHI is SushiSwapâs token. SushiSwap got its start through yield farming in 2020.
Whether to buy is up to you; Iâm just sharing information.