You are viewing a single comment's thread from:

RE: Geyser versus LeoBounties - Is the LP Really Worth It?

in LeoFinance3 years ago

Not so sure about this.... If ETH starts going up, that would not necessarily pull WLEO up with it. At least, it hasn't happened in the past. In fact, that is what I believe caused my impermanent loss in the first place: Sure, people could spend their WLEO in exchange for my highly priced ETH, so it was quite understandable. On the other hand, it was when LEO was going up that WLEO rose in value. So honestly, I don't really see much of a chance to get back my lost ETH simply by staying in the pool.

Sort:  

So the only way you can make profit back is if Leo starts to pump....thats tight

Posted Using LeoFinance Beta

Well, I'm still in the plus, thanks to market gains. But like I said, I would have gotten that anyway, even by just holding the ETH in my wallet.