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22709626 No.22709626 [Reply] [Original]

Total Uniswap liquidity on ETH-LINK did a 10x in 3 days before Sept 1st snapshot for UNI drop. From 6 million to 80 million. Kek insider trading oof loose lips sink ships. Anyway, ETH-LINK liquidity is back down to only 2x the pre drop date. Might be a good idea to provide some liquidity. I did the math and even without huge growth which I believe Uniswap will, you will make a 7% return monthly at current rates. You will limit returns if one moons, but if your are long term bullish on both like I am, it might be a good idea to drop some liquid in there and forget about if for 2 years.

Signed 150 IQ anon

>> No.22709673

whats a worthwhile amount to drop in?

>> No.22709704

>>22709626
i dont want my links to get stolen

>> No.22709778

>>22709626
I‘ve heard it‘s useless unless you prove 150k

>> No.22709807

>>22709778
150k USD or 150k LINK?

>> No.22709831

>>22709626
That was because of farming you dumb fuck

>> No.22709861

>>22709626
>Exposing your LINK to impermanent loss

>> No.22709920

>>22709673
At least 1 link

>> No.22709937

>>22709831
farming what? what coin used eth link lp tokens

>> No.22710080

>>22709861
Can someone explain to me the concept of impermanent loss?
i'm a brainlet but I have a high enough IQ to understand AMPL so please, take a shot at it.

>> No.22710193

>>22710080
you deposit and with draw 50/50 into the pool to provide and remove liquidity, if one of the tokens moons against to the other then that reduces your long exposure to that token upon removing liquidity, it's "impermanent" in the sense that it goes away if the price goes back to what it was when you initially provided liquidty

>> No.22710472

>>22710193
If LINK 5xs against ETH its only a 25% loss against hodling. Thats without including earned liquidity fees

>> No.22710527

>>22709673
Its looks like 10,000$ liquidity will earn you some nice fees. I wouldnt put yr whole stack of anything in there. Not more than a third maybe. At current rates thats 700 dollars a month your earning in pool tokens until you cash out