Pancakeswap pools or farm?? | Bitcointalksearch.org

john1010

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Quote from: qiwop on June 14, 2021, 11:32:50 AM

Hi guys,

Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?

Both of them are okay and gives you a good profit, but if you are a new to this kind of platform, I suggest you to go on pools staking, because it is not complicated like farming, farming needs more complicated stuff to go through while the pool are easy and plain.

Coin-1

legendary

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Quote from: qiwop on June 14, 2021, 11:32:50 AM

Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?

In my opinion, both of these types of investment are equivalent risky.

When you add liquidity on PancakeSwap, you receive a percentage of the trading fees over all transactions (subtracting impermanent losses). When you farm LP tokens, you gain a predefined APR. Farming is usually implemented in the form of two smart contracts, the first for harvesting, the second for compounding. Since the cryptocurrency market is highly volatile, you can lose the token value while farming. Pools seem to me better, because you can remove liquidity at any time and exchange the LP tokens back.

In any case, be aware of fraudulent projects.

MoneyJ

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Pool is always a smarter choice to avoid impermanent loss and get rekt. In my opinion only stable coins have advantage on farming or liquidity mining stakes. Study how impermanent loss affects the pair of assets being involved.

LordMiguel

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ITSMYNE

it depends on how you want to run your investment. both are viable means to increase your yield. both farm and pool. farming invloves depositing your LP which is subjected to permanent loss while pools involves depositing a single token and then earn little percent from the total pool. both means are viable and a good source of income. personally, i am participating in both.

jaberwock

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Quote from: qiwop on June 14, 2021, 11:32:50 AM

Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?

Well depends on which LP you want to farm, if you want to farm bnb-busd then you are less risky there and it would give you a good profit, if you want to do bnb-cake or busd-cake that is a bit less risky as well and that would give you a good return as well, if you want to do cake pool that is not too risky neither. However if you want to do like some new token and cake? that is going to be risky and I would advise against that.

This is why I would say that the best way to handle all of this is to just let the feeling of it help you, what do you really feel about them? If you want very high risk but high return then you go with lower cap most recently added, high APR type of farms, if you want LP that is risk free you go with high liq ones, if you trust cake a lot you go with pool and nothing more, it is all relative actually and depends on what you feel.

devil2man

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I prefer pools to farms but not only for really much higher api but also because in farms you have to put two altcoins in pairs and therefore the risk of impermanent loss is therefore huge losses can be very high, instead in the pools you invest only cake whose value is much easier to track

Jaered

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You are right. Pools are way always better than farms because of the higher APRs. And I don't have to worry about one of the LP tokens taking a dump or something

elda34b

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Quote from: shaheer001 on June 16, 2021, 12:47:30 PM

I also prefer pools as there is zero risk and compounding features make them more profitable and safe than farms. Farms profit is more in little time as their PAY is more than pools but also has high risk of price impact due to market fluctution.

Keep in mind that pools depends on inflation and token price, so while the APY is high, inflation is high too. If there's not enough market demand or the burn rate is not fast enough, the pools will collapse. As long as you don't assume every pools will be like Pancake pool, then you're good to go.

dhemasm

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I personally prefer Pancakeswap Pools since it's more safe and less volatile where farm can give you headcache especially on bearish market, I already experience, AZUKI, ALICE. All of them was big fail. Pancakeswap Pool is the best choice in my opinion.

Quote from: onecall123 on June 16, 2021, 11:41:24 AM

CAKE has a lot more practical use, and will go high again.

And that's why Pancakeswap Pool is much better, Not just and Boring DeFi dApps, Pancake offering tons new feature NFT, Lottery, etc. Good for long term for sure.

shaheer001

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I also prefer pools as there is zero risk and compounding features make them more profitable and safe than farms. Farms profit is more in little time as their PAY is more than pools but also has high risk of price impact due to market fluctution.

Golftech

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Quote from: [email protected] on June 16, 2021, 11:03:50 AM

Quote from: ?? on ??

i use Auto CAKE STAKED on pancakeswap APY ~ 110.50%
I don’t like to receive a volatile loss if the price moves too much in one direction. Because for me this is the best option.

stake or pool is greatly affected by future market conditions. it all depends on the platform used because some exchanges actually use asset locking that is staking for a long time and cannot be unlocked.
a loss in the event of a large dump. because it will create a loss for the user.

That's one of those risk to take when investing to this kind of system, if the asset are being locked

the chance of selling it when rise happened is not possible and the risk in such events that the value

dumped down after will hurt your invested amount, possible to get a huge numbers of assets but the

value after the massive dumped is more lesser than the amount you invested.

smartaction

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Farm is profitable. If anyone do Liquidity Farming he will get a APR Bonus reword weekly or Monthly. According to their rules and bonus Percentage. But Farming high risky. So i think Pools is better then Farm

Hughes_Ryan

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Quote from: qiwop on June 14, 2021, 11:32:50 AM

Hi guys,

Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?

I've learned some very interesting things in the defi space, Pancake, Apeswap on BSC or Titan, Polywhale, Gaj on Polygon, there are typical interesting things where LP is almost safe but not sure. you made a profit. Time is a goddamn unknown, there are times when you just can't wait and a habit of building a farming and stake plan will still be a big profit generator.

onecall123

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Quote from: ?? on ??

i use Auto CAKE STAKED on pancakeswap APY ~ 110.50%
I don’t like to receive a volatile loss if the price moves too much in one direction. Because for me this is the best option.

This is kind of great suggestion and good move to minimize our loses in this volatile market. Cake priceis diminishing each day even APY is going down. But, I stake cakes at Pancakeswap. This is an amazing return rather than keep losing money. CAKE has a lot more practical use, and will go high again.

[email protected]

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Activity: 1120

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Quote from: ?? on ??

i use Auto CAKE STAKED on pancakeswap APY ~ 110.50%
I don’t like to receive a volatile loss if the price moves too much in one direction. Because for me this is the best option.

stake or pool is greatly affected by future market conditions. it all depends on the platform used because some exchanges actually use asset locking that is staking for a long time and cannot be unlocked.
a loss in the event of a large dump. because it will create a loss for the user.

Nalbo

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Activity: 870

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Another benefit of pool is you are staking for the coin of your choice and not for cake. And the options of stable coins getting more than 6% a month just for staking is great. I am not sure how they achieve in providing such but it's one of the highest I've seen on DEFI or any centralized saving wallets.
Farm would come better if you believe in both the coins of the pair of choice.

passwordnow

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Quote from: Fire Rabbit on June 15, 2021, 09:27:49 AM

Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.

What pool did you invest in? I haven't invested to any pool nor farm and I'm just getting some ideas too on the people who have been sharing their thoughts about these two on this thread since I just saw this thread appeared.

Quote from: Mr.Scott on June 15, 2021, 06:42:19 AM

Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.

This is the reason why I prefer staking, the risk is nothing compared to the two that have been asked. There's no need for us to take risks and it's like holding with some rewards although very low but still a legit source.

danherbias07

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I think it depends on what forte are you looking for. They always say "high risk, high profit" then you should be in farm.
Or, the other way. Safe but not that much in profit like a banking institution. Pool. Grin

There will always be people who likes to gamble their way in investing their money and not just gamble it with casinos.
With this farm method the chances are higher than betting it with one horse.

There is another option though. You can just do 50-50 and test it out, that way you will learn it by yourself because it's really difficult to put in words.

cryptoaddictchie

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Quote from: qiwop on June 14, 2021, 11:32:50 AM

Hi guys,

Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?

Depends on the pools you are gonna do. If you want stablecoin pool then thats a low risk compared to farm. But some pools also are prone to permanent loss due to fluctuation of price. But in my experience, in terms of gains and loss. I thunk farm is a balance one especially if you are gonna do a stablecoin pair farming with a token pair. Much better apy compared to pools.

bigdude

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if you want to earn more cake just use pools more profit and safe.
No implements lost
If you want to farm another altcoin then the farm is a good place with high APY but also high risk
I sold almost CAKE at $23 and still do not confident to re-purchase

Topic: Pancakeswap pools or farm?? (Read 264 times)