:) It's hard to say because it truly depends on the value of LEO and several other factors.
If you assume a price of $0.10 per LEO at the time of launch, then 500 LEO would be $50. In order to get the LP incentive airdrop, you need a minimum of $100 total deposited into the liquidity pool.
So you could meet your 500 LEO with $50 worth of Ethereum (which would total $100) and then deposit that into the Uniswap LP.
@jk6276 just posted his math:
"That gives an annualised yield of 162.5%" - His Post About wLEO Rewards
Assuming JK's example follows closely to the real return, you would make about $40 (or 40% return) in the first 90 days on just the LP incentives (not including returns that you'd make on fees).
Keep in mind that GAS fees on ETH can be high, so this would eat into your profits as well. Fluctuations in the price of wLEO/ETH also impact the returns.
Posted Using LeoFinance Beta
Amazing!
Thnaks for the info. It means we need to put atleast 100 $ total on wLEO and ETH. Hope you are also posting a video tutorial on how to do that :P
Posted Using LeoFinance Beta