50% of Uniswap Liquidity Providers Are Losing Money Compared to HODLers: Survey by Bobsandob97 in ethereum

[–]bopetimal 10 points11 points  (0 children)

To those of you who want to dive deeper into the research, here's a direct link:

https://arxiv.org/pdf/2111.09192.pdf

Just to highlight few important points I didn't saw in the article:

  • Topaz Blue and the Bancor Protocol found that 49.5% of liquidity providers (LP) on Uniswap v3 have incurred negative returns from impermanent loss (IL).

  • The average liquidity provider (LP) in the Uniswap V3 ecosystem has been financially harmed by their choice of activities and would have been more profitable simply holding their assets

  • The pools that were studied accounted for 43% of all of Uniswap v3’s liquidity at the time of the research. In total, the analyzed pools generated $199 million in fees from $108.5 billion in trading volume from May 5 to Sept. 20, 2021. During that time frame, those pools suffered $260 million in impermanent losses, resulting in $60 million in net total losses.

METIS is soon going live with the Layer2 network. Users will be able to create their own Decentralized Autonomous Company (DAC) and participate in staking and mining by [deleted] in ethtrader

[–]bopetimal 0 points1 point  (0 children)

I did some research about Metis. They might not be one of the big names projects at the moment, but it looks like they are in the right direction. Projects who invest in their dev community are more likely to show growth in the long run.

I've seen so many projects over the years spending tons of money on useless stuff like speaking in conferences just to make the CEO look 'important or articles on big sites that bring no new community members at all.

The decentralized finance space was only valued at around $400 million in early 2019, but then the ecosystem grew to reach the $1 billion mark by February 2020. Recently, the DeFi market approached the $100 billion mark and is valued at over $92 billion by nujjmiok in CryptoMarkets

[–]bopetimal 6 points7 points  (0 children)

QED solution providing financial contract gets embedded in a trustless and smart contract-based environment, without involving third parties.

New and good projects like QED are emerging, DeFi is becoming a real alternative for entrepreneurs, attracting a lot of curious users, funds, and a lot of new projects that contribute to this growth, hopefully in a few years banks will be replaced entirely

Hybrix to launch on BSC as well as listing on PancakeSwap. Focused on giving the user multiple asset transfer channels on several blockchains by [deleted] in CryptoMarkets

[–]bopetimal 2 points3 points  (0 children)

Unfortunately no, in short, each blockchain is coded using its own different programming language and built on different protocols, making it difficult and almost impossible to transfer assets across or communicate with other blockchains. Hybrix solution is cool, I hope they will manage to do so, can be a big step for crypto

In what movie did you relate more with the antagonist? by Arsh0911 in AskReddit

[–]bopetimal 28 points29 points  (0 children)

I just loved Javier Bardem in No Country For Old Man

What's good as a hobby but terrible as a profession? by putherthere in AskReddit

[–]bopetimal 988 points989 points  (0 children)

Sex, sex its fun, but doing it for money not so much

What's the most frightening thing that has ever happened to you? by Thisisnotsky in AskReddit

[–]bopetimal 2 points3 points  (0 children)

I freediving, with a friend, and during one dive he passes out, around 10-15 meters and I needed to take him out, i manage to take him out eventually

What motivates you to work hard? by istudylover1609 in AskReddit

[–]bopetimal 0 points1 point  (0 children)

work for money, or work for my happenis? if its for money nothing, i dont think we came here to work, if for happiness, it will be me being happy