Yeah, then need to rebalance or wait. It's been respecting that range pretty well though. These can be tricky! Usually I just rebalance right away to avoid impermanent loss.
In fact, LEO is a great token for concentrated liquidity providing since it's steadily climbing up, but isn't that volatile. So one strategy could be to keep the range pretty tight, enjoy good APR, and wouldn't have to rebalance so often
If it goes above $0.13, your LP would be earning $0
Yeah, then need to rebalance or wait. It's been respecting that range pretty well though. These can be tricky! Usually I just rebalance right away to avoid impermanent loss.
Interesting! I’m excited to see your results
Should make for some fun threads. I hope others experiment as well
In fact, LEO is a great token for concentrated liquidity providing since it's steadily climbing up, but isn't that volatile. So one strategy could be to keep the range pretty tight, enjoy good APR, and wouldn't have to rebalance so often
But you don't use too tight range, cos then you need to be rebalancing constantly