Degen

sharing my $degen position performance on the @beefy lp since march 21. here some stats:

degen lp rewards claimed: 100k degen

i added 0.82 weth and 646k degen. since $degen is doing better than $eth, it's now rebalanced to 1.458 weth and 306k degen. that means:
-340k degen +0.637 eth.

if i would swap 0.637 eth for degen now, i would get 348k degen. that  means, i'm on the verge of impermanent loss (102 usdc of autocompounded fees helped to combat il).

dyor and be careful with il.

THE Yield Optimizer. anon cyber punks making defi boring. 

Super! I'm in this LP too. I really like its rewards. Two questions: 
1. Have you been reinvesting your rewards in the LP?
2. What are the signs that might indicate it's time to leave the LP?

Brazilian artist & collector
・Portfolio, published books, genart projects, tutorials, starter packs etc: linktr.ee/marcelonada

hey marcelo, i ve reinvested 40% of the rewards. i have no plans to reinvest more since i am fine with my actual daily rewards (around 4.3k degen per day).

a good indicate for me to leave would be how is doing degen. if degen price goes up quickly, and works better than eth, impermanent loss would be hard. 

i check impermanent loss and degen performance.