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Do you chase high APR?
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So, I originally farmed cake/bnb. Then I switched to Dusk/BNB when it was around 400% APR.

My question is, now that Dusk is nearing 200% APR, is it advisable to switch to a higher APR LP, or will I lose more in fees and slippage than it's worth?

My staking amount is roughly 350BNB depending on the day. Currently that works out to be about:

Dusk/BNB:
33.1928 CAKE
607.11 $

but I'm tempted to switch to...

DFT/BNB:
63.0622 CAKE
1153.42 $

Thanks so much!

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Posted
3 years ago