So I played around with “free coins” and tried some defi on sundaeswap. Impermanent loss looks like it’s gonna take any gains I made with LP.(and then some). Is there a reason for a 30 day lock beside maximizing imo loss. I feel like I’m being fleeced.
2 thoughts on “Defi lock period”
Honestly, there are many different chains, where you can farm cheaper, easier and gain more profits than on Cardano.
You had better study the project before investing. Also, it’s best to use a security tool. As for me, I’m using Ebox. It’s an escrow service with features like reversible transactions and auto-staking. Always be cautious, mate.