Had link in yearn for 3 weeks

>Had link in yearn for 3 weeks
> paid huge gas fee
> paid initial fee
> interest has been at 0% for days
> will cost $250 to leave vault

So all in all it will have cost me about a $1000 for the honor of trying to vault.

Attached: yearnlink.png (651x133, 11.92K)

> he believed he could get something for nothing

isn't that stupid?

> research to find out about vaults
> pay a lot upfront to enter
> take risk on a lot of money
> "nothing"

you need big dick money to play big dick games.

I put $10k in. I no-one's world is that small money to put in a pretty risky vault on top of an already risky asset.

>thinking anything like vaulting, farming and any other meme redist "money making scheme" on a crypto platform could ever result in any material gains under any circumstances whatsoever

You're literally doing it wrong.

Yeah I had a similar experience.
If you pay attention you'll notice there's a select group of people who make money (insiders) but shill it like it's some massive innovation and going to be huge in order to generate the yield.

Lending markets, prediction markets and insurance are real.

Trying to withdraw my link now but can't get anything to go through - for some reason it keeps suggesting gas price of $22 which doesn't work but even setting it at something expected like $250 won't do it - any ideas?

the alink vault is insolvent, I think you lost your money

yes but yield farming is a literal meme reliant on keeping the wheel turning through new blood.
You dun goofd op

I can see it's still fine on defibank so no heart attack gunning me.

There's a bit of difference between sushi farm ops with 30,000APY giving out pool 2 shitcoins and some yield optimizer like the yearn vaults.

maybe to tards like you who lost their linkies. Wait for scaling solutions at the very least

what a retard all you have to do is hold chainlink and here you are fucking everything up. complete retard.

> mfw all the good posters really have left us or are working for sergers and only post here when something new develops and we're left with bottom of the barrel scummy twitter faggots who can't even think beyond Andre's latest yield scam
it's ogre bros

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Yeah but i'm a 4.5k linklet who was just trying to climb to 5. Put in countless hours trying defi, aave loans and vaults and will have only just broken even once all is said and done.

this
i've even started actual business projects

I think you're right I don't lurk here anymore but it looks like a shitshow of morons crying over obviously scams or because it's not a literal straight arrow up 24/7.

Why would you risk your Link for this scam shit?

AAVE will go back to $0.05.

DIA is a much better oracle spec play.

I remember the aLink vault having a ridiculously high APY, guess it came from people joining the vault rather than some "strategy", looked way to good to be true.

Wow, can't wait to stake $RFUEL
I knew it's a great DeFi project, I was just waiting for it to get interesting and it did, interoperabillity, scalability, security. $RFUEL is just the gem

I put a little bit of my stack into the vault to try it out too. I haven't made back enough to cover the withdrawal fee yet, but it was gaining slowly until the market shit itself. I think if October goes green I'll be in the money, but as it stands I'm not comfortable putting more in.
You didn't risk your whole stack, did you?

DeFi is a fucking scam and I can't wait for the market to realise that. Wonder why it's taking so fucking long.

The yalink vault has no withdrawal fee mate. It has a 0.5% fee when you enter the vault. The only thing you gotta pay if you wanna withdraw your alinks is gas fees.

most of the yearn strategies were just sequences like eth->yETH->crYETH->yCRV->yyCRV->crYYCRV->balancer crYETH:crYYCRV bpt

us chads were already doing it manually for 400% APY on 5-6 figure sums. thousands of dollars worth of fees for 15% APY might not sound good to you, but that's what will eventually allow defi to beat traditional finance. if you want to see how this progresses over the next few years, closely watch the graph of minted WBTC

how it possible for the vault to have 0 gains? shouldn't all the vaults be farming the most lucrative strategy?

retard

I did the same exact thing and now the gas is retarded high. I'm not sure if I should take it out now or let it stay in there for a while, it'd be a loss if I took it out but idk

This. I don't get it. Everyone has held link for a long time. Suddenly these jewish tricks pop up and long time holders feel some retarded need to put their link at risk. Have a number of friends tell me similar stories (of course they start with "bro I made 5 link today!) But after a bit there is pain. All you had to do was hold.

>Have a number of friends
And these friends link conversations from groups where long holders are doing the same thing. Did they think this is what "staking" entails.