In the last 7 days I:
- made my first uniswap trade ( $shroom FTW)
- started liquidity pooling on uniswap
- have set a limit order with @1inchExchange , since that& #39;s not possible with @UniswapProtocol (yet)
Now I can at least say that I gave #DeFi a try. How about you
- made my first uniswap trade ( $shroom FTW)
- started liquidity pooling on uniswap
- have set a limit order with @1inchExchange , since that& #39;s not possible with @UniswapProtocol (yet)
Now I can at least say that I gave #DeFi a try. How about you
And now $shroom is listed on first DEX and trading at 8x. Offloaded a little to secure initial investment + little profit. Providing liquidity and hodling with remainder.
If this stuff is too risky for you, just follow this thread that I will update with my experience.
If this stuff is too risky for you, just follow this thread that I will update with my experience.
2 days further:
- I made 4.1% on the uniswap fees
- lost 3.6% to impermanent loss
- am entitled to a retroactive reward for providing liquidity (paid out in $gswap, $shroom and some cool NFTs.
- Learned a ton about different AMM algos
Over all a great experience sofar
- I made 4.1% on the uniswap fees
- lost 3.6% to impermanent loss
- am entitled to a retroactive reward for providing liquidity (paid out in $gswap, $shroom and some cool NFTs.
- Learned a ton about different AMM algos
Over all a great experience sofar
Not to forget. Shroom is now trading at 10x. But at current mcap there is still plenty of upside potential, so I intend to sell small chunks of 5-10% on a few milestones below $1, but will keep some good amount for the longer run.