Hey, question!
I'm averaging about 15 OSMO/day now from my staking (I have 705 staked, and only like $80 worth of LP tokens in the OSMO/ATOM pool).
How do I view what I'm earning from the OSMO/ATOM pool, and what makes more sense - to keep stacking up OSMO as staked tokens, or to push more into the OSMO/ATOM pool? I'm unsure at this point.
Thanks man!
Your earnings from the pool should just appear in your wallet, as long as you have bonded the LP tokens (staked them for either the 1,7 or 14 day option).
As for what makes sense, it depends on your goals. Pooling adds some diversification, if you are concerned about an OSMO drop. If a drop does happen, then you will gain more OSMO tokens in the pool via IL. Pooling while your target asset is high valued, and then unpooling after a can be a good active LP strategy - providing the token goes back up after unpooling.
It really is a personal decision, I'm doing a bit of both.
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Thanks a ton for the breakdown.
So impermanent loss can actually be a positive thing in terms of acquiring more OSMO tokens - neat! This makes a lot more sense to me now. I wasn't quite sure how to figure out what my earnings were / etc.
I also like adding some diversification by splitting my assets up into two tokens vs 1 - so perhaps I will move forward with an 80/20 approach now (80% stake, 20% LP'd).
Appreciate your wisdom as always - you're quickly becoming my personal knowledge base, haha! Maybe you'd like to be a contributor to the new project I'm working on, TradingDojo.io. I'll be looking for content and trading course/educational gurus :D