First of all congratulation @steem82868 for achieving the big rank.
Do you think your pool has any impermanent loss due to high volume sell that's why it decreases to $400 from $500.
I wish you all the best to make place in top 10 and we keep enjoying liotes program.
Have a great day and lots of prayers for Zolton's health and wellness.
!PIZZA
Posted Using LeoFinance Beta
Thanks for your wishes...
If you think at our LEN-LENM pool, the USD difference comes from HIVE fluctuations as both of our tokens are stable (indexed in HIVE) for a couple of months...
Impermanent loss happens when you have big fluctuations between assets inside the pool and currently, there is no such fluctuation in the LEN-LENM pair...
I hope that this reply didn't confuse you even more... :)
I was thinking of all the pools as achim03 said, but I've got it now, it was a timely fluctuation as we were seeing Hive making a progressive upside move. I think this reduction could temporary as well.
Impermanent loss may happen because of sudden demand of a token where liquidity keeps selling token in demand and fill up other side with paired token.
haha no no it's a fine response.
!PIZZA
We have positions in about 5 different pools and if for example one token takes a big dip, it's possible that it translates in overall lower value of our positions.
I've got it as Zolton explained, we should blame the price action here. 😁
Thanks and have a lovely day.
!PGM
Thank you!