🌾 Yield Farming Wisdom: Why Conviction Matters in DeFi

Hey DADS! 👋

Just dropped some serious knowledge on yield farming that I had to share with our community. Whether you're sowing wheat in a field or tokens in a DeFi pool, the principle is the same: you only harvest what you plant. 🌱

But here's the twist that most people miss:

Liquidity provision isn't neutral. When you deposit into a Uniswap LP like AVNT/WETH, you're not just 'planting' tokens — you're betting on BOTH assets. If one token collapses, you're left holding more of it. If one rallies, the pool automatically sells some of your position to maintain balance.

That's why CONVICTION is everything. 💪

Without conviction, impermanent loss feels like drought. With it, volatility becomes rain — chaotic, yes, but nourishing if you believe in your crops.

Key takeaways for our DADS community:

• Research BOTH tokens in your LP pair thoroughly

• Understand the risks of impermanent loss

• Have conviction in your strategy before entering

• Consider range strategies for better risk management

What's your take on yield farming strategies? Are you team 'diversify everything' or 'conviction plays only'? Drop your thoughts below! 👇

Remember: This isn't financial advice, just one DAD sharing insights with the community. Always DYOR! 🔍