It was so miserable. 4 ETH were taken away by the robot clamp. Let me share the process briefly. I paid the tuition fee. Let's avoid the pitfall.
I deposited PT ezeth in pendle before. When I deposited it, the annualized interest rate was about 64%. At that time, I expected to get 4% return after maturity. As a result, you all know what happened later. Ezeth was unpegged and has not returned to the anchor until now. I was cut 3 times in total for such financial management.
1. When PT ezeth was exchanged for ezeth, it was exchanged for ezeth at the price of eth at that time. The nominal value of ezeth was higher than eth by 1%, and it was cut by 1%.
2. On the day when pendle ended, the actual value of ezeth was more than 3% lower than eth (unpegged). If it was directly exchanged back to eth, not only did I not make money, but I also lost a little.
3. Finally, I waited until the anchor was about 1%. I exchanged ezeth back to eth on uniswap today. According to the calculation given by uniswap, I could earn 1.5% in the end. As a result, the moment I exchanged it back, the clamp took away my 4 eth, about 2% of the total amount.
Here, I would like to share with you the principle of the clamp. When the robot monitors a large amount of funds to buy or sell, it will rush ahead of you with a higher gas fee. For example, if you buy, it will rush ahead of you to buy with a large amount of funds, causing your purchase cost to increase significantly. Then, at the moment of your transaction, it will sell all the chips bought to complete your harvest; the opposite selling principle is the same. In the future, when you trade large amounts on dex, remember to raise the gas fee, or make multiple small transactions. This clamp is too tight, and this way of losing money is really annoying.
It is not so easy to make money in the staking track. If it is difficult to distinguish the project, it is better to put it in lido or eigenlayer, otherwise it will really lose both the wife and the life, take huge risks, and finally not even make a cabbage~