Just a quick question: Because of Impermanent Loss I loose

Question

Just a quick question: Because of Impermanent Loss I loose

day for day coins. Was okay because of rewards. But now we have Block Reward Reduction. So is Liquidity Mining still worth?

#blockchain #cryptocurrency #defichain #english

0

01.11.2021

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Danny Автор вопроса

DanieL BaptistA
Hi! I want to help but I dont understand your ques...

It was a question - not a fact. In last weeks I got a bit more rewards than I lost. But when rewards went down (I don't know how much after Block 1318970) then it's possible there is no winning anymore. So I only asked for your experience.

0

01.11.2021

DanieL BaptistA

Danny
It was a question - not a fact. In last weeks I go...

I thought you would be speaking about the announcement that was made with regards to the block reduction that was going to have. That is usual, and I alsp foind it strange since its every 11 days aproximately. Turns out, thats just the marketing team starting to put hand at work. As for the rewards, I would say LM still works fine. I mean LM is APR, which is always better than staking, which is APY. Considering staking is at the moment almost similar to many LM pools, for sure you'll get more rewards by LM than performing simple staking

0

01.11.2021

DanieL BaptistA · Accepted Answer

Hi! I want to help but I dont understand your question. I mean, block rewards are reduced 1,65% every 11 days aproximately, its like hardcoded lets say it this way. Its a known fact. So why now LM may not be worth it for you, but like 2 weeks ago was still worth it? 1,65% less than 2 weeks ago is not a huge drop. As for the imparmenent loss, you'll only recover paet of it when BTC (if thats the pool you are into and the one thats been bleeding) starts getting stable and trading sideways, only then DFI will most likely go up at alt season and you may recover some of that imparmenent loss

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Just a quick question: Because of Impermanent Loss I loose

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