The Great YieldShield
Today, I wanted to share my story, thanks to which, I’m once again convinced that YieldShield is a non-alternative terminal for working in the farming-trading mode. Already now, the system has such indispensable tools that they simply have no analogues. And this is just the beginning, we expect a lot more from Yield Protocol!
Since I’m already waiting for the closing of Beta and I don’t want to withdraw my farms “anyhow”, I brought everything out in advance, a couple of days ago. But, time goes by, money is needed, so I decided to choose a pool for farming manually. This time I will not go into details, I will only say that I did a standard analysis (a chart for Dextools, a chart for liquidity on a Pancake, a Website and a Twitter of the project) and based on it I decided to enter the WZRD/BUSD pool.
In addition, I was hooked by their last tweet with increased rewards due to the transition of the Pancake to V2.0, i.e. the pool has been moved to the new version, everything is cool — farming is in full swing:
Of course, it infuriates that the process of adding LP’s and contributing to the Farm takes 5–6 fucking transactions, jumping through different pages and constant Approving, but what to do… It’s not for you to do one click in YieldShield… Okay, hell with them, the Farm has started.
Today I was busy with other things all day, so I wasn’t near the computer. Just a couple of hours ago, I went to the farm and I see that the farm is no longer there, and the price chart, from my entrance, flew into the minus by almost 40%! I go to twitter and see new message from these assholes, a few hours ago, about the fact that the farm is working and that we (the users) “have last chance to get into their farm!” + they filed a lame video on YouTube:
Those, these fuckers, knowing that in an hour the farm will close and over 800,000$ from the pool will go into exchange, anyway tried to drive the last hamsters, into their scam-farm, to unload theirs useless tokens about them!
By the way, themselves, apparently, began to withdraw funds from the pool and pour them into the exchange-glass at yet 12 AM UTC, since it was at that time, that the price began to fall. But only three hours later, they tweeted about “last chance” and posted that idiotic video.
Now I sit and think, that if I would have worked through YieldShield — this would not have happened, because the system always Restake my deposits, either by price deviation or by emptying the liquidity pool, whichever comes first. My capital would be protected from such manipulators and dishonest projects. And everything would happen automatically, without any action on my part. Moreover, in Restake case, the robot would choose for me the most profitable pool, from the general variety, completely independently.
In general — viva la YieldShield! Please release the new version as soon as possible!
P.S. For all the time of interaction with the YieldShield platform, I have accumulated a lot of thoughts and experience with this, without exaggeration — a chic Robot-Farmer, so maybe I will tell more another time.