I aped into the new THOR pool with over 1,000% APR yesterday. But... RUNE kept falling, and so has THOR.
The result?
If I had held my RUNE it would still be worth less.
BUT...
I would still have THAT exact amount of RUNE.
Instead, I have less RUNE than I had before (if I pulled out of the pool now and got 2x the staked RUNE back)... because THOR has fallen more. IL and all that jazz...
So live and learn. THOR ain't so great, at least not right now. APR don't mean shit. I can't even see it on thoryield until 7 days later. I don't how that works.
I thought it was a daily APR like all the other DeFi I've done... I guess they only apply their APR after 7 days instead of giving you earnings by the processing of each block like I expected...
Ah well. Hopefully THOR becomes something useful :P I consider myself a sucker at this point :O
