RE: RE: The Best Way to Earn More HIVE & HBD | Earn 40% APY and Get More HIVE
2 comments-0 reblogs
7 months ago
Nov 03 2022 4:24 am
- 1 minutes readBHBD-BUSD has no impermanent loss
BHBD-BHIVE can have impermanent loss: as the price of bHIVE fluctuates, you’ll end up with either more HBD or more HIVE when you un pool.
So the bHBD-bHIVE pool’s IL can actually work in your favor - pull out liquidity when the price gives you more of the asset you want (either hive or hbd)
People have grown to think IL is some crazy monster. It’s actually a useful tool if you learn to use it
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