I've not gotten the hang of this LP versions yet. But this a good start. What are your thoughts on the auto-rebalancing feature some pools have?
I've not gotten the hang of this LP versions yet. But this a good start. What are your thoughts on the auto-rebalancing feature some pools have?
it depends on your strategy. I see it as a good option for someone who wants to set it and forget it.
There are some people who need to click a lot of buttons to feel like they are being productive
Personally I like to do a bit of everything instead of always trying to do the best thing and risk being wrong
Oh right, that feeling is familiar lol. I think a gradual progression after that clicking and trying out everything will reveal which option is better, depending on the situation too. Not sure if volatile pairs are a better fit for this feature or not.
well the more volume the more fees you can earn. If no one is buying and selling in your range or in your pair then there are no fees to be earned
a lot of people like to play around with btc/eth and recently I saw a lot of volume with ETH/CRO
Its best to find a high volume pair where you wouldn't mind having either coin
Right. I've learnt volume is one of the most important metrics to look for, then after the TVL and whether one would not mind holding any of the pair tokens. In than sense, LPs on majors makes more sense in the mid to long term, I guess.