This was a very nice review of being a Liquidity Provider.
It is an excellent financial strategy, but it is very important to understand the risks, and the importance of mnitoring the valye of your LP investment. This post reviews those risks nicely.
For thise invested in Cubfinance the webpage How much is my LP worth? is very valueable, as it allows you to track the value of each component of your LP pair and the total value of your investment.
That makes it an excellent resource to help you mitigate risk of impermanent loss in a down market or even in a bull market.
Upvoted 100% !Great Job @young-kedar
Posted Using LeoFinance Beta
Very well summarized! I think if we understand the risks of liquidity pools, we will better be able to navigate through them and explore the possibilities in present.
Is cubfinance different from cubdefi? Are you referring to the liquidity pools at BSC?
Thanks for the support :)
Your welcome.
They are the same: Ciubfinance and CubDefi.
Posted Using LeoFinance Beta