Impermanent loss of 20% with CRO-SHIB LP pair during 60 days
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.
Impermanent 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.