A very short and simple, but very sweet tip on how to cover 50% of your DEFI INVESTMENTS against IMPERMANENT LOSS

By Defi Degsy | Defi Degsy | 4 Jan 2022

Simply use a Stable coin like USDT or USDT FOR YOUR PAIRING, even Magic Internet Money or MIM, then only 50% of your Crypto is exposed to impermanent loss, which is simply the price of the staked coin going down. It's not as bad as it sounds because you have to watch your coins price anyway.

Impermanent just means it's not permanent, because if your coin goes to profit you must be incurring impermanent profit, but you are still earning whether your coin price goes up or down.

As you can see in the vault at MMF, I am staked in the MMF/USDT pool. I could get a higher percentage by unstaking and re-staking in the MMF/CRO pool, but then my bag is at risk from impermanent loss from both MMF and CRO 100% at risk.

Cryptocurrency Tether (USDT) USD Coin (USDC) Impermanent Loss MIM

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Defi Degsy

Hi there I'm Degsy from the UK I've been in Crypto about a year now, seen some big moves for Bitcoin this year in both directions. I've seen the rise of NFT's this year, but now after trying some pseudo miners, Planetwatch being a favourite. DEFI next up.

Defi Degsy

Understanding DAO's is a must before you invest a single penny with these High Risk/ High Reward platforms. Indeed many seasoned Crypto YouTubers don't understand that there is a humungous difference between APY% and APR%. Why are none of these knowledgeable 'Tubers' talking about the difference? Some are obviously promoting certain Dao's they are invested in the hope you follow to pump the price, others are paid to promote. A guide to the difference - I'm currently staking at APY 82081.43% = APR 689.53%.