dual yield pool for RAY-POLIS LP when RAY was 10 USDT and POLIS was 8 USDT. Now that both prices are lower I want to stake more LP into the pool but I was wondering if I will incur into impermanent loss when I stake new LP into the same pool? Or impermanent loss only works when I sell back the LP?
you only realise those losses when you remove, do check out some articles online to understand this risk better
Ive been reading a bunch but haven’t found any info specifying “adding” into the pool at a lower price
IL will only start once u enter the pool, cos that is your entry price
I entered the LP pool when RAY was around 10 USDT and POLIS 8 USDT.. would you recommend adding more LP at current prices of 7.8 USDT per RAY and 5.7 USDT per POLIS?
Sorry we cannot give any financial advise.
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