When you do liquidity mining, you need to know about impermanent loss. In this video I explain how decentralized exchanges work, what impermanent loss is and how to deal with it.

Sign up with this link and get $30 of DFI after you deposit $50 into Cake DeFi: https://app.cakedefi.com?ref=424819

Check out my course on personal finance and investing https://courses.remo.org/p/building-wealth (use code "TESLA50" for 50% off)

For detailed show notes, check out the YouTube description to this video: https://youtu.be/6ZnxxSN0vzQ

Social:

I'm Remo Uherek, investor, writer, and former startup founder, based in Basel, Switzerland. Retired from startups after 15 years. Today, I'm a private investor, help to run a real estate portfolio and write about health, wealth, love, and happiness. I teach online courses and am obsessed with innovation, Tesla and Elon Musk.

Please subscribe if you want to hear more episodes like this.

(This episode was originally published on YouTube: https://youtu.be/6ZnxxSN0vzQ)