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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: qiwop on June 14, 2021, 03:32:50 PM



Title: Pancakeswap pools or farm??
Post by: qiwop on June 14, 2021, 03:32:50 PM
Hi guys,

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


Title: Re: Pancakeswap pools or farm??
Post by: Review Master on June 14, 2021, 04:55:26 PM
Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?

Obviously, pools are great and not that much volatile as compare to farms because provided liquidity tokens will be changed according to the price volatilities. But farms will be profitable if anyone try auto-compounding platforms rather than pancakeswap farms. So DYOR before participating into any auto-compounding platforms as many BSC projects went through flash loan attacks.


Title: Re: Pancakeswap pools or farm??
Post by: 2tang on June 14, 2021, 05:05:46 PM
Hi guys,

Do you think pancakswap pool is better than farm because it provides lower risk and high compounding? What do you guys recommend?
So far I've only used the pancakeswap exchange to quickly exchange BSC tokens, the rest I've never used it for anything other than that, if you really think it's very suitable and better than farming, then please give it a try.


Title: Re: Pancakeswap pools or farm??
Post by: Yogee on June 14, 2021, 05:16:29 PM
You are talking about single staking pools as I understand. APRs or APYs are usually higher on farm but it has more risks including impermanent loss. I don't know about other pools since you need to check the other tokens to be earned but the returns on CAKE auto-compounding looks great if you ask me.

PancakeBunny was good until the flash loan attack.


Title: Re: Pancakeswap pools or farm??
Post by: Mr.Scott on June 15, 2021, 10:42:19 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.


Title: Re: Pancakeswap pools or farm??
Post by: tsaroz on June 15, 2021, 11:11:35 AM
I've been trying both but the farms are much more profitable than pools even when using the most popular pairs. The rewards are in cake and the price is a bit volatile but every of my farm investment have outshined pools whether you compare in in USD value or BNB. It's still a wonder for me how they be able to provide such huge returns. You should be cautious and not put all your money on the same platform.


Title: Re: Pancakeswap pools or farm??
Post by: $anounimus$ on June 15, 2021, 11:29:58 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.
Right, and now it all depends on each individual's personal choice, whether we will choose a job that makes us have to accept the risk, if yes, then we must consider the risk, and vice versa, and I personally still like Staking because the risk is not Yes, although purchases are limited.


Title: Re: Pancakeswap pools or farm??
Post by: Fire Rabbit on June 15, 2021, 01:27:49 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: ziennakarishma21 on June 15, 2021, 01:53:19 PM
Every pool on BSC has its own risks, I have made a lot of money on it but also lost a lot when encountering scam projects, so when participating in it, do your research carefully before deciding to invest .


Title: Re: Pancakeswap pools or farm??
Post by: Naficopa on June 15, 2021, 01:59:44 PM
Pancakeswap is much better than farming and always will be.
It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.


Title: Re: Pancakeswap pools or farm??
Post by: casperBGD on June 15, 2021, 02:19:47 PM
Pancakeswap is much better than farming and always will be.
It is possible that you will earn more on the farm, but the risk is much greater. At Pancakeswap, you deposit your coins directly, and the farm is completely outside wallet, so your coins are in someone else's hands.

not sure what you mean by that, since coins are not outside your wallet, or to put it that way, you have your stake in your wallet, since you do not have your coins when you put them in the pool either, you get part of the liquidity pool token for your token pairs

everything brings risk, pancakeswap brings risk as well, and what is the question here is the reward enough for your to take that risk? and that question each person has to answer for, cannot be answered by other people


Title: Re: Pancakeswap pools or farm??
Post by: HanaTenun on June 15, 2021, 02:25:09 PM
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.
that's what happened. pool is very influential on market conditions. it would be better to start when the market is in a deep correction. it makes the price very cheap and we can buy it to start a pool. but when we are in a good market the risk of a correction to the value of our assets is very high.
I'm sure more people will like pool at pancakes. but all require careful consideration and planning.


Title: Re: Pancakeswap pools or farm??
Post by: shushu9977 on June 16, 2021, 04:56:28 AM
Suppose, I have 5K usd for investment. Then, I invest pancakeswap or crypto-currencies almost 2k/2.5k and rest of my money, I invest farm or other business. I see, the price of pancakeswap is 16$/17$ per token. When, I bought pancakeswap, the price was 29$ per token. I can buy also more 20/30 cake, because the price of cake is very low to buy for me.


Title: Re: Pancakeswap pools or farm??
Post by: bigdude on June 16, 2021, 08:56:43 AM
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


Title: Re: Pancakeswap pools or farm??
Post by: cryptoaddictchie on June 16, 2021, 10:35:49 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.


Title: Re: Pancakeswap pools or farm??
Post by: danherbias07 on June 16, 2021, 11:00:41 AM
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.  ;D
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.


Title: Re: Pancakeswap pools or farm??
Post by: passwordnow on June 16, 2021, 11:34:02 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.

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.


Title: Re: Pancakeswap pools or farm??
Post by: Nalbo on June 16, 2021, 11:55:08 AM
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.


Title: Re: Pancakeswap pools or farm??
Post by: distr@yopmail.com on June 16, 2021, 03:03:50 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: onecall123 on June 16, 2021, 03:41:24 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: Hughes_Ryan on June 16, 2021, 03:52:05 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: smartaction on June 16, 2021, 04:25:36 PM
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


Title: Re: Pancakeswap pools or farm??
Post by: Golftech on June 16, 2021, 04:36:53 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: shaheer001 on June 16, 2021, 04:47:30 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.


Title: Re: Pancakeswap pools or farm??
Post by: dhemasm on June 16, 2021, 05:00:37 PM
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.
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.


Title: Re: Pancakeswap pools or farm??
Post by: elda34b on June 16, 2021, 05:28:53 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.


Title: Re: Pancakeswap pools or farm??
Post by: Jaered on June 16, 2021, 05:42:10 PM
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


Title: Re: Pancakeswap pools or farm??
Post by: devil2man on June 16, 2021, 07:19:49 PM
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


Title: Re: Pancakeswap pools or farm??
Post by: jaberwock on June 16, 2021, 08:03:10 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: LordMiguel on June 16, 2021, 10:17:41 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: MoneyJ on June 16, 2021, 11:51:11 PM
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.


Title: Re: Pancakeswap pools or farm??
Post by: Coin-1 on June 17, 2021, 02:19:54 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.


Title: Re: Pancakeswap pools or farm??
Post by: john1010 on June 17, 2021, 02:35:38 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.