The risks with ETH/DEC-pool

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I have a pool of ETH/DEC with two friend. I have been thinking of the risks of that pool. I think the money we get from it is worth the risk - but you should always be aware of risk when invest.

Uniswap crasch
Well - if uniswap crash or been hacked a lot of people will have problem. Just now it is 3,2 billion dollar !!! at uniswap. I dont think this is a big risk.

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Splinterland crasch
If none wants to play Splinterlands the value of DEC will go low - real low. No buyers of the in-game-token. I think the team of SPlinterland has made this journey awesome and I dont think it will be a crash. But still - there can be a lot more games and less players... I hope not.

Value of ETH / DEC goes down
Yes that is a risk. BUT that is same risk as if I hold this token in a wallet. So not a speciela risk for uniswap.

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To many people come to the pool
Just now we have 0,66 % of the pool. It looks like it is not a big change since december 2020. IF we keep this part we will get about 60 % in a year.
But if A LOT of people join the pool we get less. Lets say that the pool is doubled up and we only have 0,33%, Then we get about 30 % Still goood....

Bad investment - compare to...
I think this is the biggest risk...
I usually say that 50 % in a year is extremly good. But in a bullmarket you never know. Bitcoin went up 100 % in just some weeks...
But anyway - I can not complain if I get 50% even if my cryptofriends get more.

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So lets hope that

  • Splinterland keep on being the best game in hive
  • ETH goes to moon
  • DEC stay at 1000 DEC for 1 USD (dont think it can go much higher)
  • And that gas fee is not in moon when we want to withdraw.

Take Care and drink coffee



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9 comments
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Your current Rank (80) in the battle Arena of Holybread has granted you an Upvote of 40%

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If you start to withdraw in 2 years when ETH2.0 is up and running you should be fine :D
50% APR outside crypto world is a dream for investors, who could complain about that ? ;)

Posted Using LeoFinance Beta

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Thats True. In a first phrase we keep it 150 days

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Gas fees is the time lock 🔒 for me I’ll leave that DEC in there till the cows come home In fact from the in game rewards I sell to get more ETH and have DEC and keep topping it up with more!

Posted Using LeoFinance Beta

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You sell DEC to ETH.... Going with blocktrades or send to metamask-uniswap (gasfee)

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It depends if I have a decent amount I just do an instant swap in Metamask

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Instant swap is with gas fee Similar to ordinary swap right?

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Sorry, out of BEER, please retry later...

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