Thank you so much @revisesociology for sharing your valuable experience. A lot of people don't understand and get into DeFi out of FOMO.

This is what happened to me. Impermanent loss is quite real and in fact the terminology is misleading. Because prices are fluctuating daily, so it's always permanent. You lose the value of one token inside the LP pair. I don't fully understand it so I don't how to counter it and save yourself from losing money.

This is the reason why I like Single Token Staking more than LP Staking. CUB Den is my favorite. ;)

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