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.

1,808
20
本頁面內容由第三方提供。除非另有說明,OKX 不是所引用文章的作者,也不對此類材料主張任何版權。該內容僅供參考,並不代表 OKX 觀點,不作為任何形式的認可,也不應被視為投資建議或購買或出售數字資產的招攬。在使用生成式人工智能提供摘要或其他信息的情況下,此類人工智能生成的內容可能不準確或不一致。請閱讀鏈接文章,瞭解更多詳情和信息。OKX 不對第三方網站上的內容負責。包含穩定幣、NFTs 等在內的數字資產涉及較高程度的風險,其價值可能會產生較大波動。請根據自身財務狀況,仔細考慮交易或持有數字資產是否適合您。