The risks with ETH/DEC-pool
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.
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.
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.
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
Your current Rank (80) in the battle Arena of Holybread has granted you an Upvote of 40%
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 ? ;)
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Thats True. In a first phrase we keep it 150 days
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!
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You sell DEC to ETH.... Going with blocktrades or send to metamask-uniswap (gasfee)
It depends if I have a decent amount I just do an instant swap in Metamask
Instant swap is with gas fee Similar to ordinary swap right?
!BEER
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