RE: The Winning & Losing With Uniswap - A DEC Story
(Edited)
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I pretty much have the DEC to buy a land zone at discount (15% off after the 50% presale discount) and bought it before it took off. Frankly I don't want to venture into the land of fees only to discover in the end I won't have enough DEC to buy the land zone. There's also impermanent loss to consider, and there's no way to know if you'll end up with less ETH or less DEC.
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Absolutely I didn’t mention the impermanent losses but that’s a very good point! I fully expect to lose money on this trade it requires too much of an upside to break up even
I considered dipping my toes in DEC pool and becoming an LP, especially because I had DEC, but I didn't because the risks of not having 850k DEC at the presale time were too high for me given all variables.