Yup, it makes sense.
How about a pool like RUNE/USDT? Does it have Binance chain fees or Ethereum fees? And for DAI, if there is such a pool with RUNE, I suppose we are talking about gas fees, since it runs as a smart contract on Ethereum?
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There is a RUNE/USDT pool on Bepswap currently. It is the Bep2 version (Binance chain) of USDT and has the same low fees currently. The income it generates is quite good also, but IL is a thing (which is what the original post above is about).
Once multichain launches, there could be 2 USDT pools (once for ERC20 and one for BEP2).
No DAI pool yet, but I'd expect it in time when multichain arrives.
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Yep, but as you said in the post, pooling only the RUNE paired coin asymmetrically would remove IL from the equation, as long as RUNE appreciates compared to the paired token (best candidates for this being stablecoins during the bull market).
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It's a bit of a mind trick really. For example, if you had 1000 USD you wanted to add to a USDT/RUNE pool, whether you buy $500 USDT and $500 of RUNE and add it Symmetrically, or buy $1000 of USDT and add asymmetrically, the return will be exactly the same. The "LP v HODL" calculation will look completely different, but the real $$ value result is the same.
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