Learning how to use the CLP's on the job. Will keep an eye on the range, and adjust if I need to.
We are in 2 pools now, will probably deploy some SURGE over to make it the trifecta.
Enjoying the yield, and personally getting back into some proper DeFi after a fair bit of time away from it.
P.S. @khaleelkazi, if you can get a message through to the @leostrategy team, I'd love for SURGE in SURGE/LBI pool to get the weekly divs. Have tagged them, but if you have a way it'd be appreciated.
Cheers mate.
Absolutely, I am also learning on the job as I didn't interact with CLP's much at all before all of this
This is wise IMHO. LeoStrategy released a post a few days ago talking about how they have made their Market Makers more aggressive to stimulate the LPs and bring more APR to Liquidity Providers.
I think it's a great move: stimulate trading while still profiting, generate more fees for LPs which brings more liquidity so that you can scale the MM sizing which makes it a win for everyone (more trades, deeper liquidity = more liquidity to make more trades and incite more liquidity)
In terms of dividends - what do you mean? Did the SURGE yield not get paid to anyone providing Liquidity in the pool? It pays based on your SURGE portion of any LP
So if you are LP'ing $500 and 500 SURGE, you should get 500 SURGE worth of dividends
So the pool I'm talking about is not the main SURGE/LEO pool. LBI set up its own pool with SURGE. It only has 1 LP at the moment (me @jk6276) I didn't get the SURGE payment and that is the only SURGE my personal wallet owns.
https://beeswap.dcity.io/swap?input=SURGE&output=LBI
Sorry it took a while to answer, Had to go to one of my crappy real world job.