Post
Topic
Board Altcoin Discussion
Re: Pancakeswap pools or farm??
by
jaberwock
on 16/06/2021, 20:03:10 UTC
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.