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Do We Really Understand What We Are Doing On This Big Minefield? - (A Collection Of Tutorials Included)

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@erikah
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This post comes after spending every free minute I had the last 10 days on here, reading, calculating, learning, reading, calculating, learning and it feels like I still don't know much. So much has been said about DeFi, CUB, Farms, Dens and yet I feel it's not enough.

I'm not a big player in this game, but no matter how much one have in the game, the goal is to earn, not to lose. In order to achieve that, I've tried to learn as much as I can. Being a liquidity provider (LP) has ts own risks, so monitoring the situation is a must.

The whole hive/leofinance has been a learning curve for me and i feel like I've entered a new phase here. I'm not afraid of getting involved even though that may mean I lose some. That will be the tuition fee and it's up to me how good or bad I'll be in the next couple of months.

Today I decided to collect those posts, tutorials that can help many understand how CUB DeFi works and avoid mistakes other have made.

I'm starting with the most important as many mobile users may have been overpaying, not knowing what's going on. Who on earth would have thought gas fees differ from desktop/laptop to mobile. Yet they do.

This is something I still have to do as I've tried a few times and failed.

This tool is vital if you don't want to fly blind and want to monitor your investment.

Edicted had a lot of good post explaining things in a way most of us can understand.

For those who have not started yet, here's a

flauwy also had a lot of good posts, here's a few you may want to read if you don't want to pay more fees than it's needed, or you want to know more about layer farming.

Here's a collection of videos that can help you understand how liquidity pools work, what impermanent loss is

Finally, here's a giveaway for new users (only)

These are a few links I find useful but there are plenty out there, videos, tutorials. I hope my post helps.

Posted Using LeoFinance Beta