Humanode BioDeFi Guide
  • Humanode BioDeFi - Guide to staking on Humanode Biostaker
    • How to Stake? A step-by-step guide WeHMND/USDC
      • Appendix - Technical Details
      • Appendix - Risks
    • How to Stake? A step-by-step guide WeHMND/WETH
      • Appendix - Technical Details
      • Appendix - Risks
Powered by GitBook
On this page
  1. Humanode BioDeFi - Guide to staking on Humanode Biostaker
  2. How to Stake? A step-by-step guide WeHMND/WETH

Appendix - Risks

Providing liquidity involves risks, including impermanent loss, meaning you may not receive the same amount of HMND and WETH upon unstaking. The pool maintains a 50%/50% ratio of HMND to WETH; thus, if HMND's price decreases, the pool increases its HMND holdings, and if HMND's price increases, the pool reduces its HMND holdings. And vice versa for WETH

Additionally, there's a risk of smart contract exploits, particularly in the contracts managing pooled assets and staked liquidity tokens. So, beware of the risks involved while staking.

PreviousAppendix - Technical Details

Last updated 11 months ago