I've always been irritated by the absurd jargon "impermanent" loss.
One question I had was whether the (admittedly much lower) APYs for stablecoin-stablecoin LPs were more sustainable, but then of course it occurred to me that you exchange day-to-day price movement risk for one off collapse in one of the stablecoins.
Hi , just read about 3 posts ..thank you for the learnings .
just curious to know do you post on substack or the falkenblog or both. want to start following .
1) what are your views on Chainlink?
2) what do you see as the best approach for exchanges on-chain?
This was really good.
I've always been irritated by the absurd jargon "impermanent" loss.
One question I had was whether the (admittedly much lower) APYs for stablecoin-stablecoin LPs were more sustainable, but then of course it occurred to me that you exchange day-to-day price movement risk for one off collapse in one of the stablecoins.