Wednesday, August 18, 2021

Lost 28% so far on my original LPs due to impermanent loss

Hi guys,

I currently have around 313 LP in the liquidity pools in BONE- ETH. I have lost 28 percent on the LPs due to impermanent loss. I went all-in on the liquidity pools during the event, I should have placed half my cash into Bitcoin, Ethereum and other atl coins upon reflection.

I know I only lose out, if I pull out, but with Bone price decreasing and Ethereum increasing very quickly I think I'm in for some steep losses before the ratio of the 2 balances out again. I know there is a lot of uncertainly, especially how far BONE will decrease when the 6-month WOOF date comes along.

I just wanted to ask for your opinion, what would you do in my situation?


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