30 Days at Uniswap DEC/ETH (Total summary)
Today I could claim our LAND thanks our pool at Uniswap DEC/ETH. So now I can calculate IF THIS WAS GOOD INVESTMENT - or not...
Short answer - VERY VERY GOOD INVESTMENT
Long Answer comes here
We invested 800 USD.
First november we put 800 USD in to the DEC/ETH pool. The goal was to maybe get som LAND and some tickets to the lottery. Sell it and get some profit. 5 % in 30 days would be awesome....
We did get 5 LAND
Today I could claim the LAND thanks our money at Uniswap. We did get 5!!! LAND. We thought it should be 3 or 4 so this was good!
If we calculate with 15 USD for each LAND it is 75 USD. Almost 10 % for our investment - in 30 days.
We did get some tickets"
I have tried to calculate the value of every tickets and I think it is about 0,5 USD but I am not sure. But 100 000 Tickets will be distruted among all LP so anyway we will get some.
The value goes UP
The goal was to get some LAND and tickets BUT the best part went out to be the bullrun of ETH and DEC. So the pool went from 800 USD to 1000 USD. But a profit is just a profit if you sell - We will not sell yet. We will keep it there at least 30 days more.
FEE"
During this period we have also get some fee from Uniswap.
About 2 USD so that is not very much. For 800 USD as a startamount it is just 3 % AYR. So dont come here to take profit from the fee. Then you should use other pairs at Uniswap.
LESS NEXT MONTH
DEC is up around 0,9 and I dont think it will go much higher. So I dont think that will push up the value. But we can hope ETH make a good move
ANd we will get less LAND next round. I see it is A LOT people coming here now. Last month we had about 0,4 % of the pool. Now it is 0,3 and going down...
But still - if we only get 2 land it is still very good. To get value of 30 USD for an investment of 1000 USD in 30 days is still 3 %/month.
Keep on stacking - as an old steemian use to say
HODL COMMUNITY get 15 % from this post
Very interesting investment that I missed (not enough time unfortunately).
Thank you for sharing it with the HODL community.
Cheers,
@tipu curate
Upvoted 👌 (Mana: 16/32) Liquid rewards.
Thanks ! Did you miss this? I think Splinterland has talked about it constantly in 30 days. Personaly I love this Uniswap-thing, have some other pools too
I managed to score 1 PLOT as an LP provider :)
Posted Using LeoFinance Beta
nice! and you also get a !BEER
I think it is most intresting to see what they do in 60 days. WHat to offer to make people stay at the uniswap pool. If nothing - people will probably make a sell off and that dont feel so good for the price
View or trade
BEER
.Hey @chekohler, here is a little bit of
BEER
from @minimining for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.Congrats on the investment winnings. I didn't participate in providing LP and didn't manage to buy any land.
Still have change in LP. That is 2 periods left.
Thanks for your comment!