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Andrea-Piccanello

Hello, I’ve put liquidity on Spectrum protocol, autocompound pool VKR/UST

with at the moment about 32.000% APY: how is possible that after two days I lost about 10% in value?

#blockchain #cryptocurrency #english #luna
0

4 ответов

8 просмотров
Mark-

The price of vkr has gone down. You really should understand impermanent loss before putting assets in a LP

0
30.10.2021
Andrea-Piccanello Автор вопроса

HI Mark, I know impermanent loss (but I’m not a pro), but with 32000% APY I was thinking better

0
30.10.2021
Mark-
Andrea Piccanello
HI Mark, I know impermanent loss (but I’m not a pr...

I wouldn't worry too much unless VKR keeps sinking. The autocomponder in spectrum will keep adding to the LP, so over a longer period of time IL is mitigated.

0
30.10.2021

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