Risk management strategies in Defi liquidity pools

[Smcchamp]

For DeFi analysts interested in liquidity farming and pools, I have some questions. When searching for a liquidity pool to interact with, what should you look out for?

Additionally, are there any projects that make onboarding to DeFi and Web3 easier? Let's discuss.

[joniboini]

What exactly makes onboarding on web3 projects difficult though? As far as I can remember, you only need your web3 wallet to interact with the protocol, participate in farming, etc. What do you mean by onboarding in this case? I don't recall seeing comments or narratives saying web3 is tricky to use. Even if I found one, most of the time it's just a marketing gimmick to attract users to a new web3 project.

Btw, I'm pretty sure there are projects out there that claim to streamline your farming selection process using an automation algorithm to spread out your farming/lending activity to various pools.

[rdluffy]

Do you have any network preferences?
And what would your goal be?

At first I'd recommend looking at Uniswap because it's the biggest DEX at the moment, it has a lot of liquidity, it runs on several networks and so far it's secure, but there are also other projects that are very good, such as AAVE

[luckyledger]

Do you have any network preferences?
And what would your goal be?

At first I'd recommend looking at Uniswap because it's the biggest DEX at the moment, it has a lot of liquidity, it runs on several networks and so far it's secure, but there are also other projects that are very good, such as AAVE

I never tried pools, only staking stables on CEXes.
Can you enlighten me what would be the risks of trying them while still using USDT? Maybe on Uniswap itself.

[Smcchamp]

Do you have any network preferences?
And what would your goal be?

At first I'd recommend looking at Uniswap because it's the biggest DEX at the moment, it has a lot of liquidity, it runs on several networks and so far it's secure, but there are also other projects that are very good, such as AAVE

Probably something with good APR. someone suggested Poolx. And on any chain. Solana, eth, Cosmos.

[bitterguy28]

For DeFi analysts interested in liquidity farming and pools, I have some questions. When searching for a liquidity pool to interact with, what should you look out for?

well first of all you’d want to check the security of the pool and check if it has good track record you would not want to interact with a sketchy liquidity pool next is obviously you would want to check if there is high liquidity and if not it might not be the best for you also check if the fees seem reasonable enough and always check the terms and conditions and see if there is nothing suspicious that could incriminate you later on

[Mr. Magkaisa]

         -      People are like that, aren't they? They will laugh at you for things that are impossible to happen in their eyes and opinion. But his prediction of 10,000$ actually happened and was even exceeded in 2017 because bitcoin's ATH was more than 20,000$ per bitcoin.

Then now each bitcoin is around 61000$+, where most people expect it to reach 100k$ each bitcoin at the beginning of its bitcoin rally, which others think and expect that it may happen next year.