Yes deffinantely I dont think people realize how much risk there really is in some of the LPs especially ones in Splinterlands they can offer good returns but you can also get killed on impermanent loss as SPS has been on a constant down trend I doubt now the LP rewards make up for the losses in value the APRs just don't seem high enough on tribal dex or the other variations. I only have been providing USDC-DEC as I have been getting anywhere from 50-600% on that pool consistently but just bc DEC is relatively stable in a range right now does not mean it will stay that way hence the likely hood for high APRs so be careful. I prefer to hold most of my LP positions in high liquidity pairs like USDC-ETH and use protocols like Camelot that offer various rebalancing and other strategies that minimize impermanent loss and adjust your positions based on the underlying algo you select. I used to hold a large LP postion on the sps/weth pool but luckily I decided pretty fast that was to risky bc now I would have a much smaller position due to SPS being 1/5 of the price from when I was in the pool and the rewards were cut so that also impacts the risk of holding liquidity in the pools. One may be better off using something like dswap and use a more traditional orderbook market maker strategy to buy below a certain range and sell above a certain range and you can also create various ranges and control the size of the buys and sells as well. There are no rewards but you get to keep the difference in the buys and sells (spread) which you can set up to be what you want to get with a little finagling. Also it refreshes and refills your positions automatically every 15 minutes if you get the premium which req 1200 staked bee for 1 market and 200 additional for every extra market you want to operate in. Also you may need a few accounts as you can only set up one market maker per market so to do some strategies you need to have multiple accounts.
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