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Jacek.degen.eth ๐ฉ
@jacek
$DEGEN Update: Beginning today, we are reducing liquidity mining rewards for the Uniswap pool to prolong the program's duration until January 2028. Simultaneously, we're allocating resources to sustain incentives for our Aerodrome pool. Rest assured, points already earned will remain intact.
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Thibauld
@thibauld
Ouch... reduced by how much? The liquidity mining rewards was the only thing keeping me from removing my LP position despite big impermanent loss :/ Will the reduced incentive still be enough of an incentive?
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links ๐ด
@links
Same with me - the LP program pretty much makes up for the impermanent loss. I took it into account when increasing my LP position yesterday. Would love to know the numbers on this
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Thibauld
@thibauld
Let's get heard! Help me spread me word ๐ https://warpcast.com/thibauld/0x2ae6eab5
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links ๐ด
@links
So when I heard it was an 85% reduction in rewards, I reduced my position by 50%. At this point itโd be easier for me to try to get more tips than LP
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Thibauld
@thibauld
Sadly, I removed all of it ๐ข
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