The return rate of SHIB-CRO LP pair is 0.2% per day, currently in Beefy.Finance.
The compound interest for 60 days is 12.7%
exp(0.002*60) = 1.12749685158
close to 0.002*60=12%.
So with this LP pair with 60 days, you would not make a breakeven despite the daily return due to impermanent loss.
The compound interest for 60 days is 12.7%
exp(0.002*60) = 1.12749685158
close to 0.002*60=12%.
So with this LP pair with 60 days, you would not make a breakeven despite the daily return due to impermanent loss.
Note
ERRImpermanent loss is actually about 3.2%, sorry about the mistake, so this is actually a profitable LP pair.
it is important to input the initial values correctly, not just the percentage differrence.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.