# A new, radically different DAI/YFI pool created

**URL:** <https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582>\
**Category:** General Chat\
**Created:** [16 August 2020 23:04 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582 "2020-08-16T23:04:54Z")\
**Posts on this page:** 6\
**Page:** 1

<div class="post-metadata">

**Author:** ![jgarzik](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/jgarzik/32/665_2.png) [@jgarzik](https://gov.yearn.fi/u/jgarzik)\
**Post date:** [16 August 2020 23:04 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582/1 "2020-08-16T23:04:54Z")

</div>

Hello, YFI community. The following paper describes a scenario where a 10% fee on a Balancer pool created new trading and income dynamics.

Therefore, I have seeded a new Balancer pool: 50% YFI, 50% DAI… 10% fee

Read this Medium post first: [https://medium.com/balancer-protocol/high-fee-balancer-pools-for-swing-trading-8bc1c169a4c2](https://medium.com/balancer-protocol/high-fee-balancer-pools-for-swing-trading-8bc1c169a4c2)

New balancer pool: [https://pools.balancer.exchange/#/pool/0x0b7ee2f06837e16e6a5239a75a5ce83cdcb43fd6/](https://pools.balancer.exchange/#/pool/0x0b7ee2f06837e16e6a5239a75a5ce83cdcb43fd6/)

ETA: For those unfamiliar with Balancer pools, this is a “purist pool” - there are no JeffCoins and JeffFees in the pool. 100% of the fees go to liquidity providers.

---

<div class="post-metadata">

**Author:** ![cnumber](https://avatars.discourse-cdn.com/v4/letter/c/ecb155/32.png) [@cnumber](https://gov.yearn.fi/u/cnumber)\
**Post date:** [17 August 2020 00:00 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582/2 "2020-08-17T00:00:41Z")

</div>

interesting idea. thx for sharing.

---

<div class="post-metadata">

**Author:** ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)\
**Post date:** [17 August 2020 02:44 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582/3 "2020-08-17T02:44:27Z")

</div>

Why would anyone use a pool with such a high fee when they can get lower rates elsewhere?

---

<div class="post-metadata">

**Author:** ![jgarzik](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/jgarzik/32/665_2.png) [@jgarzik](https://gov.yearn.fi/u/jgarzik)\
**Post date:** [17 August 2020 03:04 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582/4 "2020-08-17T03:04:39Z")

</div>

Recommend reading the Medium post above for an explanation, plus some background on Balancer pool rebalancing.

Eventually there will be a profitable trade.

This strategy creates fewer trades, with higher income per trade.

---

<div class="post-metadata">

**Author:** ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)\
**Post date:** [17 August 2020 04:11 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582/5 "2020-08-17T04:11:08Z")

</div>

I see, it’s interesting.

---

<div class="post-metadata">

**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\
**Post date:** [1 September 2020 10:24 UTC](https://gov.yearn.fi/t/a-new-radically-different-dai-yfi-pool-created/2582/6 "2020-09-01T10:24:08Z")

</div>

Closed since inactive. Feel free to reopen if this topic is still relevant.