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Talmadge O’Neill
@talmadge
I have been LPing base tokens on Uniswap v3 and Sushi v3 for the last 29 days and overall, I am up 30.5%. However trading volumes have shrunk dramatically and my daily APRs have gone from 3-4% to under 0.5%. Impermanent loss has also ballooned.
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Jumaz
@jumaz
I think that’s how these tokens suck you in. Juicy APRs for a week and then it’s crap and you take big IL. I think ppl Gotta be more selective about which ones to LP
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Talmadge O’Neill
@talmadge
Totally agree. You have to LP tokens you believe in and want to own. However it is so early on Base, that there are not many of those :-)
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