You are viewing a single comment's thread from:

RE: A new use case for LBI is emerging.

in #lbi2 months ago

Now that is straight forward. !LOLZ

LEO looks more volatile and heading in the opposite direction of LBI which create an impermanent loss for LEO:LBI Liquidity Pool pair.

If true, it is better to keep LEO in your wallet and not the pool pair. Is that fair to say?

I do appreciate you taking the time to share. My motto is to Learn Before You Earn anything. Means I often ask many questions.

!ALIVE
!SLOTHBUZZ

Sort:  

Generally fair to say, but it can be a bit more nuanced. If you want more LEO, the prices moving in that way may be ok for you. The reality of a pool position is that you are effectively selling the token that increases in value for more of the token that doesn't. Some traders use this and add to pools, then exit and use pooling as part of their trading strategy.

Anyway, the real thought for most people is "do I like both tokens in this pool?" and are the LP incentives worth the higher risk for pooling?

An individual choice.

!duo


You just got DUO from @lbi-token.
They have 1/1 DUO calls left.
duo_logo
Learn all about DUO here.