Hmm, now I'm a little worried about the CUB BNB farm. I plan on holding for quite a while though. Hope this isn't me writing this post next month.
Any advice now I am in pretty heavy?
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yeah if your in for a long time - just don't look at it. lol
That's up to you @whatsup, as far as I understand Impermanent loss if the price of BNB or CUB goes in one direction then you are okay. But if one goes down and the other goes up, you will see an impermanent loss. This means you will likely end up with more of one of the two paired tokens and less of the other one.
If you stay long enough and make a lot of CUBs and its price increases over time then you can counter it very easily. But it's a gamble. High risk for potentially high rewards.
This why putting your money in Stablecoin Farms like BUSD-USDT makes sense. Price fluctuations are minimal/negligible in those cases.
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Well I'd never advise anyone to do anything, but BNB has doubled in price since CUB started while CUB has steadily declined, so depending on when you pooled you could have less than half the amount of BNB you started with already if you pooled early.
For me, anything paired with BNB is a no-go now, as it doesn't seem to be coming down in price, except for Rune on BEP as I anticipate that and BNB both going up.
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