RE: Logarithmic Volatility Protection: More Impermanent Loss Nonsense

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RE: Logarithmic Volatility Protection: More Impermanent Loss Nonsense

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flauwy in LeoFinance • 4 years ago

How does the CUB-BNB pool affect the CUB-BUSD pool? Imagine a BNB whale buying tons of CUB for BNB. That would come out of the CUB-BNB pool, right? But then the CUB-BUSD ratio would create a different CUB value. I assume that would open doors to arbitrage then, right?

From all I am reading from you, I am perfectly happy to stay in the den for now, at least with my CUB position.

I have to reconsider my bLEO-BNB position, though. CUB went down more than BNB did and bLEO stayed strong. If I sell that position now and swap it into the CUB-BUSD, I would get cheap CUB and enter the stronger APR farm. Hmm...

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4 years ago in LeoFinance by flauwy

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dagger212 4 years ago

Yes, but you'll lose some Leo and gain a little BNB. Because now it takes less Leo to equal the BNB side. I think.

I staked ETH and wLEO and lost a couple hundred Leo because LEO went from .70 to $1. and ETH either went down slightly or stayed the same. Thus, when I exited the LP, I got back more ETH than I put in and less LEO. If I would have just held the two in my wallet, I would have ended up with the same amounts of both, obviously, but my value would have gone up more because I would have kept all the LEO.

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urun 4 years ago

If more pairs available, everything becomes more equal.

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