❓Frequently Asked Questions

Risks and advantages of Liquid Bolt

What are the advantages of using Liquid Bolt?

• Yield is generated by arbitraging assets price mismatches

• No deposit fee

• No withdrawal fee

• Earn 80% of the volatility yield

• Auto compounding

• No liquidity lock, withdraw instantly and whenever you want

How do I farm tokens not listed on the dapp?

If you want to farm a specific token pair, we can add it! Just ask us on Discord.

How often are the APR and APY updated on the dapp?

APY and APR information are the average percentages of the last seven days. It's updated every 5 minutes.

Can I remove my liquidity whenever I want?

Yes you can remove your liquidity at any time. There is no liquidity lock.

What are the risks of using Liquid Bolt?

As a liquidity provider impermanent loss on the token pair you've provided liquidity for is the main risk you can encounter. This risk is well known and well documented.

Impermanent loss will depend on the price volatility of the assets you've chosen to farm and can be substantial.

To recover from your impermanent loss you can withdraw your liquidity once the price action equals the ratio you had back when you provided your liquidity.

Another risk could be a smart contract hack. To make sure our protocol is safe to use an external security audit on all the contracts has been made. Our smart contracts have passed with success the audit and are safe to use. Please refer to our Audit page for extended details.

How do I calculate my impermanent loss?

You can use this calculator based on the assets prices: https://dailydefi.org/tools/impermanent-loss-calculator/