Good question mate. I've thought about providing liquidity for the swap.btc:SPS LP, but I'm always concerned that I would lose more from impermanent loss than I would gain from trading fees.
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Good question mate. I've thought about providing liquidity for the swap.btc:SPS LP, but I'm always concerned that I would lose more from impermanent loss than I would gain from trading fees.
On point mate you get it...
I'm pretty sure I consistently take on impermanent loss but since I can only see hourly and daily stats it's difficult to asses what's happening with the market.
Seems rather convenient for the big fish.
I'm not one to time my buys that well or run a high-velocity arbitrage bot, so timing the market just isn't my thing. But I definitely want to know if I'm losing out by lending my liquidity.
It sounds like you know a great deal about crypto markets and I think you know a great deal more than myself.
I just know I continue to add liquidity and it looks like this trend that every time I bump my liquidity up there's a massive dip.