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RE: LeoThread 2024-08-12 05:03

in LeoFinance5 months ago

#fundtheflywheel #feedback

Daily screenshot of my share in the LEO/CACAO Pool. It dropped more than $1 since yesterday's morning. Considering $HIVE's drop, it's to be expected. #freecompliments #dailydook

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in the long run it should matter !DOOK

I have also invested in the pool. Patience is the key.

Hope our patience is rewarded!

You know that there is also the impermanent loss risk? Liquidity pools are cool but you should inform yourself about the risks when you invest.

https://academy.binance.com/en/articles/impermanent-loss-explained

Thanks for the link by the way!

You're welcome!

Yeah, I know about that. Or I think I know... It's just that I believe in the long term the loss will balance itself.

Isn't it called "impermanent" for a reason?

You will be playing the long game. Here are some of !DOOK for your journey

#freecompliments !DOOK