Rebalanced the ZRO/ETH LP

in #defi6 months ago

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Rebalanced the ZRO/ETH LP and included the new rewards of about 12 dollars for the past almost 2 days which is not bad for having about 525 in the LP to start with and also ending on 550 for the value on top of the 12 dollars in LP rewards from fees in ETH and ZRO which get compounded this time into the LP along with the remaining ZRO I had so the full airdrop value I received is in the LP pair at the adjusted price parameters and should if I am correct stay there for the next few days within the range and that would bring in a good amount of fees as long as the prices remain within the range I likely will not re balance it again for a while in order to keep collecting the max amount of fees and also minimizing the number of compounds a bit to 1-2 days on positions of this size as the difference is not much and saves a bit on the fees over time even though for the most part they are pretty low on arb. I expect the pair to stay within the bounds I have set for a while and as long as volume keeps up on Pancakeswap if not ill switch to Uniswap to get additional volume and may switch some of the liquidity for the pair on uniswap and some on pancake swap and see which one does better for the same ranges etc.

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