Those who enjoy playing with DeFi must collect this article! It contains many valuable insights, and the definitions of PT, YT, and LP are very clear. PT belongs to medium-risk arbitrage, YT belongs to high-risk high-reward gambling, and providing LP can earn a pretty good annual return without losing the principal. Newcomers are advised to start with PT and LP, and only use a small amount for trial and error learning in YT; the most important thing is still to preserve the principal as much as possible.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Those who enjoy playing with DeFi must collect this article! It contains many valuable insights, and the definitions of PT, YT, and LP are very clear. PT belongs to medium-risk arbitrage, YT belongs to high-risk high-reward gambling, and providing LP can earn a pretty good annual return without losing the principal. Newcomers are advised to start with PT and LP, and only use a small amount for trial and error learning in YT; the most important thing is still to preserve the principal as much as possible.