What do you think about yield farming? Is it Safe? | Have you used Yield Robo ?

[hirushaa]

Hey !  

World 01 st yield farming robo advisor protocol on polkadot

Bor Protocol has launched --> A Yield Robo — Advisor which gives users the best returns in yield farming while minimizing the risks for users. Robo advisory, investment/funds management, liquidity, borrowing/lending and more advanced trading products in a decentralized way, that enables you to earn more with your digital assets on yield.
one single place to add your liquidity

So , what do you think about this one?
Will this be successful
Tell us if you had any experience


Their Article  -- https://borfoundation.medium.com/

Website -- https://www.borprotocol.com/

[DaMut]

I have participated in many yield farming and based on my experience I can confidently say it is very risky and can not be trusted at all.
we may not be able to see anything wrong with it today because we are in bull market but when the market starts to go sideways or even in bear market we will see how scary it is.
the risk comes from the inflation, even if the project generates revenue from lending or something like that. it will not be able to sustain the inflation rate because the total revenue does not match or enough to cover up the inflation rate, that is the fact.

[coinmaster241]

Any DeFi is actually good, depending on the participants who follow it, miscalculation, yes, we will still lose, big risk but also big profits if we are smart to calculate the investment value and the ROI value we will achieve for how long.

[DamonWilliam]

Any DeFi is actually good, depending on the participants who follow it, miscalculation, yes, we will still lose, big risk but also big profits if we are smart to calculate the investment value and the ROI value we will achieve for how long.

It is difficult to calculate all this yourself, because the more participants in the project will be, the lower the percentage will be, so it is almost impossible to guess the approximate percentage in a week or a month.

[livingfree]

Determining success in yield farming is like you've gained profit from it but that doesn't tell that the whole thing is in success. AFAIK, it's still like in the early stage and you will never know until how long they can sustain this system that they do. Locked in funds is what they're longing for and there's probably billions of money that's into it and that's why its existence shows that everyone can make money from it.

But what if those lent money expires and the owners start getting out of it. Just like the usual thing we knew in investments, you should always be aware of the risk that you're about to get from it.

[Fesatmas]

At your own risk, your consequences will depend on how the risks have been considered. as far as expected funds are locked and it makes you feel like it's taking a long time and waiting for the results. Not many feel for if the project ends up investing let alone a newcomer. so you must be able to consider the risks that will later make you lose the locked funds.

[Arch Crypton Game]

Its really interesting growth engine for my crypto  < Try this once 

[gotabaya]

At your own risk, your consequences will depend on how the risks have been considered. as far as expected funds are locked and it makes you feel like it's taking a long time and waiting for the results. Not many feel for if the project ends up investing let alone a newcomer. so you must be able to consider the risks that will later make you lose the locked funds.

I think that make sense that this project is a real one ,