It’s a shared Balancer pool so anyone can be an LP. LPs are encouraged to pull liquidity before election day. They take 1% swap fees, BAL rewards, and if they are REP holders may have potential upside there if it grows Augur usage. But yeah risky... thinking about smart pools and other things for more risk mgmt
hello i am poyo the cat
hey poyo the cat
yes i am very fluffy
If I connect my wallet and send you money... what ensures that you won't take it?
Trading is fully non-custodial, nobody else has access/control over your funds. Trades go through a balancer pool.
Very interesting. Who provides liquidity on Balancer and for how much ? How LP are incentivized because IL is huge.
It’s a shared Balancer pool so anyone can be an LP. LPs are encouraged to pull liquidity before election day. They take 1% swap fees, BAL rewards, and if they are REP holders may have potential upside there if it grows Augur usage. But yeah risky... thinking about smart pools and other things for more risk mgmt