I want to jump in to LPs, but it’s controlled by the whales. A particular pool, WSTETH/AAVE. APR is shit, less than 2%.
LP token is over $350. But LP tokens are just, “your skin in the game”. It’s not real money. It’s what you pay to get the fuck out.
With 24k risked in the pool, I would own a whopping 0.001 in LP token.
My fees earned will be shit… on top of that, a shit APR (1.5%)
Possibility of rug pull by just one guy that has 15 million in the pool, or other whales that owns even more.
It just seems like I’d be taking a big risk for very little gain, while exposing myself to lose.
It’s risk vs reward. If you’re gonna gamble- you fucking gamble. Returns are much better… unless of course, I lose.
Whales run the world I just want my slice of the pie.
