Needed to rearrange on of my @SonicLabs $S / USDC LP's as the price fall below the range.
The current crypto market is currently falling fast, which includes all kind of Altcoins and also BTC and ETH are moving into a short position.
The good part if you use a LP position as mining machine without having thinking too much about the whole value of the position is, that you can think of it as a yield generator while the market last.
Of course, it could be actually much cheaper just to swap everything directly into BTC and accumulate the difference from the price gap, but if the price of your LP pairs is recovering at some point, you will have both High APR and a minimum of Impermant loss. But if your token price will not recover to the level it had been, you will loose the value of your LP position and need to recover your loss with the yielded gain.
That is the play you can do with LP'ing as a mining machine for $LBTC.
At the end it is always the market itself that will decide if your strategy was the right decision or not.

1,728
19
本页面内容由第三方提供。除非另有说明,欧易不是所引用文章的作者,也不对此类材料主张任何版权。该内容仅供参考,并不代表欧易观点,不作为任何形式的认可,也不应被视为投资建议或购买或出售数字资产的招揽。在使用生成式人工智能提供摘要或其他信息的情况下,此类人工智能生成的内容可能不准确或不一致。请阅读链接文章,了解更多详情和信息。欧易不对第三方网站上的内容负责。包含稳定币、NFTs 等在内的数字资产涉及较高程度的风险,其价值可能会产生较大波动。请根据自身财务状况,仔细考虑交易或持有数字资产是否适合您。