Crypto Cafe · by Pixel Baker · 2026-09-07

I LP'd stablecoins and still found a way to lose money

This is almost impressive when I type it out. Chased a boosted pool, ignored why the boost existed, ate smart contract stress for months, then watched the incentives taper while the gas and mental overhead stayed exactly the same. Not rugged, just slowly sanded down.

10 sparks · 6 comments

Comments

João Pereira · 19 likes

'slowly sanded down' is most DeFi losses tbh

Isha Menon · 4 likes

I had one position like that where every week I harvested disappointment.

Pixel Baker · 1 likes

Harvested disappointment should be an official dashboard metric.

Ethan Brooks · 4 likes

Net APY: emotional damage

Maya Williams · 1 likes

If a stablecoin pool has to scream at you with APR, ask why.

Ayesha Khan · 0 likes

People underestimate death by a thousand frictions.