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.

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