Great video, made me realize I should put my FTM just sitting in my wallet (been accumulating in the $1-$1.20 range) into the LP pool. The only downside I see is if we are in a true bull/parabolic phase you will be missing out on some significant profits. May consider using this strategy for any ALTS I can stake its a hedge against downside risk of being in alts
that's exactly how this strategy should be used. If we go sideway, down or a little bit up, it is good. But if we go into full bull market then it will be bad as impermanent loss will then be much bigger than trading volume's provided rewards
do you get some error message? have you checked that you have enough gas paid for the transaction? I would need more information to be able to suggest any solution.
Good stuff man. Nice explanation of loss minimisation
Thank you so much :)
Great video, made me realize I should put my FTM just sitting in my wallet (been accumulating in the $1-$1.20 range) into the LP pool. The only downside I see is if we are in a true bull/parabolic phase you will be missing out on some significant profits. May consider using this strategy for any ALTS I can stake its a hedge against downside risk of being in alts
that's exactly how this strategy should be used. If we go sideway, down or a little bit up, it is good. But if we go into full bull market then it will be bad as impermanent loss will then be much bigger than trading volume's provided rewards
why can not I unbond my ftm-usdc lp from spiritswap, pls?
do you get some error message? have you checked that you have enough gas paid for the transaction? I would need more information to be able to suggest any solution.
Bad day for FTM..
it has been going down a bit, but still good competition on the smart chains.