Khal

Two major things about to be released by the #LeoFinance Team: Nested Replies Feature added to the #Threads UI #CUB Variable…

The LeoFinance #AMA is starting now! Start asking your questions on #Threads using the hashtag "#AMA"!!!

#DART - Double Asteroid Redirection Test - successfully made impact an hour ago #NASA #Asteroid

Welcome back 😉

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You can see it in action here:

We just pushed some #Threads update Link Previews now show in two ways: The link shows so it is clickable The link preview shows…

Awesome! Appreciate your support 🦁 I was writing a reply here but decided to go more in-depth and turn it into a full #Thread on…

I wrote this as a #Thread to reply to @brianoflondon, who recently LP'd $1,000 #HBD and $1,000 worth of #HIVE into the #CUB Liquidity…

To sum it up: in either scenario, you are gaining more HBD or more HIVE You are dollar-cost average selling your HIVE or buying more…

The reverse situation is easy to map out from here. If the price of #HIVE went from $0.50 to $0.45, then you are actually buying HIVE…

YOU ALSO earned LP Trading Fees - users who traded #HBD into #HIVE paid Liquidity Poolers a trading fee for doing so YOU ALSO earned…

Effectively, this means that you sold your #HIVE on the way up to $0.55 So at $0.51, $0.52, $0.53... You were selling HIVE and getting…

BUT this example was simplistic. It is ceteris paribus - all else being equal We simplified it... all else is not equal . As the pool…

So let's say that you were an LP that entered at $0.50 #HIVE price. You owned 10% of the total LP, so you entered with 10k HIVE ($5k) and…

Now that the price of HIVE went up to $0.55, the pool needs to rebalance by holding less #HIVE (otherwise, it would have more $$ worth of…

So if the price of #HIVE goes from $0.50 to $0.55 and the liquidity pool was holding $50k worth of #HIVE and $50k worth of #HBD, then the…

Remember: Liquidity Pools always hold the same value of assets on each side. So for every $1 of #bHIVE in the LP, there needs to be…

If the price of #HIVE goes up , your pool position will change slightly. You'll end up with more #HBD and less #HIVE 5/🧵

Since bHBD is a stablecoin, it actually makes it a lot easier to understand the impact of IL. The price of HIVE is the only one that is…