This is so informative, thanks a lot for this. What of impermanent loss? This is the only reason I haven’t tried Liquidity pools.
You are viewing a single comment's thread from:
This is so informative, thanks a lot for this. What of impermanent loss? This is the only reason I haven’t tried Liquidity pools.
I don't think there is any loss. You can remove your Liquidity anytime you want, you will get your tokens back immediately. You will receive daily rewards in various tokens. About loss into these pools, let me call @failingforwards, he is a pro into this, I learnd from him only, give your opinions and expertise @failingforwards 😊
Hey so there can be some losses if the value rapidly changes, but mostly you just get more of the cheaper token and less of expensive , overall the payoff in fees can cover most interment loss !PIZZA
Thanks for the quick response and words of wisdom friend. I too think there is not much worries of extreme loss and also its pretty advisable to diversify investments into these pools and start with small investments. 😊