Never used pools before

I see. So like with all crypto, the only downside to being in a pool is the price action of the pair?

If there's an exploit you could get your money stolen, can happen with shitcoins. Not a problem with the biggest coins/pools.

You will lose your money I promise. Just hodl LINK and do NOT do this

afaik, this is how it works. for the sake of simplicity, let’s say you went full retard and dropped 4 mil into ETH-DAI (2 mil each to make the pair). Right now that would get you roughly 1% of the current pool rate, or about 5833 UNI a week. At UNI’s current valuation that’s like 19k per week. Assuming absolutely nothing changed in the pool size, pool rate, or value of UNI, that comes out to a little under 1 million USD in a year, so a little less than 25% return.

But all sorts of things change. The pool could get bigger, diluting your share, or UNI could go up in value, multiplying your gains. Meanwhile, ETH hypothetically could go up 100% relative to DAI in this timeframe, which means half your ETH will get sold off to maintain the pair. So unless your UNI gains offset that 2 million USD worth impermanent loss, you’ll have ended up not really gaining anything in terms of USD value. So it can be hard to know what your gains will actually be. What you do know as that you will pick up UNI based on your total share of the pool and the pool rate

I was going to help but you're too stupid to know how to take a pic and hold the camera properly so im going to just hide your thread instead

brainlet who couldn't figure it out detected

bye

Holy shit some of you are stupid. I'm really going to make it aren't I? I can profit off of you mongrels

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Or unless you're pooling STA and are willing to wait a little :)

>Right now that would get you roughly 1% of the current pool rate, or about 5833 UNI a week. At UNI’s current valuation that’s like 19k per week.
I see. So you basically multiply the bottom right when percent (when making the pair) where it says "share of pool" and multiply that by the uni a week in that pool i.e. 1%*583333= 5833uni a week.

Usd hard to calculate; but you can calculate your uni amount easily then

> ETH hypothetically could go up 100% relative to DAI in this timeframe, which means half your ETH will get sold off to maintain the pair.
confused me a bit here.. You straight up lose your eth or is it sold to buy more DAI in this case?

In Bancor's upcoming v2.1 (few days away)

You no longer have to provide a pair. Also, your impermanent loss is mitigated the longer you stake. (Incentivizing)
Also your BNT generates vBNT (Governence token)
And will launch @ 150% APY.
So in otherwords, DO NOT STAKE ON UNISWAP. USE BANCOR IN LIKE 1 WEEK TO PROVIDE LIQUIDITY

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oh wait.. it seems you do straight up lose it if that happened.. so it's basically preferable if the ratio between both pairs stays about the same.
Fuck, I feel there's probably an easy way to visualize this, but my brain is shit. I'd need to think about how that works.

Soooo if say eth x2 and dai stayed the same and say eth fell back by 50%, you'd be down?

*down in usd equivalent in the pool
OR would it offset somehow?

^so along with this, I have one last question.
Why can I only see the pools/uni rewards per week for 4 pairs and not all the others?

If UNI gets hacked, what happens to the liquidity? Is it covered or do you lose it all?

because those 4 pairs are actually the only pairs that get paid in UNI. All other pairs are just for shits and giggles.

I can semi answered this.. You don't lose usd value or gain usd value on the pair itself. They do counter-act each other the whole time. If one goes up, the other goes down and visa versa.
I wonder what happens when both go up and both go down at the same rate though. I'm guessing the usd amount in the pool will ALWAYS be safe.

Maybe someone can answer this with a simple yes/no.

But ya, just need a yes/no AND ^that answered and I'm good

I see.. makes sense. Would still be nice to see them all though. Makes it actually possible to calculate the uni you'll get per week

so update on this: I only need the yes or no question answered

>If one goes up, the other goes down and visa versa.
>I wonder what happens when both go up and both go down at the same rate though. I'm guessing the usd amount in the pool will ALWAYS be safe.
I think so

nobody who currently has any money farming in uni pools is going to spoonfeed you how things works because their liquidity mining rewards will become diluted as a result of more people locking their lps. If you do this don't under any circumstances provide liquidity for eth-dai as it's a scam and you'll lose all your money.

People actually did answer basically everything lol.
Also, the 4 pools visible are ordered by best rewards to worst. Dai being the best. Why do you Dai a scam? Fud?

*think
*eth/dai

Uniswap is deep, deep trouble.

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