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RE: Logarithmic Volatility Protection: More Impermanent Loss Nonsense

in LeoFinance5 years ago

Yes, but you'll lose some Leo and gain a little BNB. Because now it takes less Leo to equal the BNB side. I think.

I staked ETH and wLEO and lost a couple hundred Leo because LEO went from .70 to $1. and ETH either went down slightly or stayed the same. Thus, when I exited the LP, I got back more ETH than I put in and less LEO. If I would have just held the two in my wallet, I would have ended up with the same amounts of both, obviously, but my value would have gone up more because I would have kept all the LEO.

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