Great tutorials considering that I did not participate in any DeFi projects on Uniswap. Initially I found it pretty complex and just didn't have the hearth to learn it. One question although...
When you put your tokens into the Liquidity Pool they are transferred away from your wallet, can you loose them in any way?
I am having this feat that something goes bad or I do something wrong and I can loose it all...
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The main risk you have is protocol risk and fluctuations in pool value.
The protocol risk is if Uniswap gets hacked, for example.
The fluctuations could change the amount of wLEO / ETH you own. If the price of WLEO rises rapidly, then you’ll end up with much more ETH and much less WLEO. However, your USD value would also likely increase.
The same can happen on the downs side: if wLEO drops significantly in price, then you would have less ETH and more WLEO and if WLEO’s price is lower, your USD value would also be lower
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