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Post# of 36155
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WiseYoda

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WiseYoda

Re: TONTOYO post# 31037

Saturday, 01/08/2022 7:00:18 PM

Saturday, January 08, 2022 7:00:18 PM

Post# of 36155
FlareX and FlareFarm work with SGB but not FlareLoans yet. I went on FlareX and it lets me provide liquidity using my SGB to earn CAND, but I didn’t confirm it as I need to learn more about the process. I know the risk is real with provided liquidity or collateral thru FlareX so Im not going to try it until I learn more about it. On FlareFarm though theres basically no risk in staking the one-sided tokens such as WSGB, EXFI, SFIN or CAND. The other 4 or 5 liquidity pools that are two-sided (EXFI/SGB, SGB/CAND, EXFI/CAND, SFIN/CAND) is different as they’re subject to loss due to price fluctuations so be careful if u try staking the two-sided tokens.
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