MultiversX Tracker is Live!

Thoughts on WcbETH/WlstETH LP vs staking?

Etherum Reddit

More / Etherum Reddit 84 Views

Hi! I recently moved my Lido stEth to base chain in hopes of taking advantage of the rewards emissions AERO/Coinbase are pumping onto the chain. Usually I avoid LP because of IL, however, this pairing is being offered with a 15% APY right now in your opinion is this a good play? My thinking being as both tokens are loosely pegged to Eth, the IL should be negligible because they moved together. Will returns here actually end up outpacing just staking or is it a bad idea to be doing an LP in the first place? What sort of risks am I not thinking about? Thanks for your thoughts!

submitted by /u/Parking-Bid8838
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments