time providing LP or using a dapp who can provide me with info?
Currently providing LP with the kava/USDX pair, I only started today, but I’m watching my SWP increase but the kava portion hasn’t increased at all. Any ideas or does it just need time? Or is it happening this way because price is downbeat
In a 50/50 liquidity pool as the price of kava falls the amount of kava you have in the pool rises and the amount of USDX falls, if the kava price rises the opposite occurs Read up on impermanent loss
https://dailydefi.org/tools/impermanent-loss-calculator/
Very old message but I’m aware of the impermanent loss, this was back when I wasn’t aware that the 180% APY was for SWP and not kava
Not sure what happened that I replied to such an old message
For some reason it’s popping up like it was a lot more recent, not sure
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