2025-12-27 06:23:43

I took a look at the accounts that started liquidity mining from February, and it's been almost a year now... The results are a bit disappointing. Looking at the mining yield data and comparing it to traditional idle asset returns, it’s actually lagging behind. To be honest, after a year of messing around, the return rate hasn't beaten simply saving money.

When the market was good, I had some expectations, but this is how reality turned out. This experience definitely served as a reminder — not all DeFi opportunities are worth the time investment. Sometimes the yield looks tempting, but after deducting risks, time, gas fees, and other hidden costs, what ends up in your pocket might be no better than the most straightforward strategy.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

3 Likes

Reward
3
4
Repost
Share

Comment

0/400

ColdWalletGuardian

· 10h ago

Damn, isn't this just my daily routine? After a year of messing around, it's better to just relax and save money... Sigh, gas fees are truly the silent killer; every transaction eats into the profit. That's why I mainly HODL now. DeFi yields are not worth all this hassle. Appealing APYs are just illusions; getting half of that is already good. I totally agree, brother. The time cost is really easy to overlook. Only after experiencing losses do I realize that sometimes doing nothing is the best strategy.

View OriginalReply0

SilentAlpha

· 10h ago

This is exactly what I've been wanting to say. Watching the returns soar every day, but after deducting gas fees, it feels like I didn't make any profit at all. Mining for a year isn't even as good as a lump sum investment. It's really laughable. I've taken on the risk, invested the time, but in the end, I still can't catch up with passive income. This deal is a total loss. Every day researching strategies, fiddling with liquidity pairs—it's better to just go all in at the beginning of the year and then sleep through the gains. How should I put it? Things that seem to offer high returns are often like this—more complicated means more pitfalls.

View OriginalReply0

SigmaBrain

· 10h ago

That's why I've always said don't be blinded by APY; hidden costs are the real killers. Mining for a year and not as good as just lying back and winning, it's really hilarious. This is the truth of DeFi. Gas fees eat up everything, and the profits evaporate instantly. It's not cost-effective at all. I knew it would turn out like this. 99% of liquidity mining is just a scam. Wake up, everyone. Isn't it better to put your money in the bank to earn interest? Why bother with all the fuss?

View OriginalReply0

OnchainDetective

· 10h ago

Based on on-chain data tracking, this guy's account trading pattern is quite interesting... Mining for a year, and the returns were actually outperformed by bank interest. What does this imply? It seems that behind the attractive APY data of liquidity mining, there are obvious capital traps... Gas fees, slippage, impermanent loss. After a series of combined factors, the principal is gone. I have long suspected that the real yield of such projects has been crushed by hidden costs, making it impossible to outperform the most basic holding strategies.

View OriginalReply0