❔FAQs
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Disclaimer
Important:
Please note that it is for education and entertainment purposes ONLY and none of this is financial advice. There are countless strategies depends on your risk tolerance and financial goals. You should do your due diligence to become an informed investor by doing your own research, coming to your own conclusions and taking note of the risks and responsibilities associated with participating in Lo-fi. Lo-fi is a Defi Project which involves significant risks, hence investors should manage risks accordingly before diving into Defi Projects! Our team views it as a success if everyone gets their initial investment back into their wallets overtime and continues investing with the profits that come after that.
Overview
If CRO pumps, LOW pumps with it?
Yes! Let's take an example: If CRO pumps in price, it won't 'outrun' LOW. The APR will vary in terms of its USD value, but emissions won’t. This is something that wouldn't be possible with another 1:1 pegged asset like a stable coin LP position, where the USD value is directly tied to the emissions. If CRO rises in USD value, LOW goes with it. Same if CRO falls in USD value, LOW will be worth less in USD, but it won’t affect the peg.
The ONLY thing that can change the price of LOW in terms of its CRO value is buying and selling it.
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