$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.

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?

I really think this is a mistake @jacek. As $DEGEN grows, you want to increase liquidity, not decrease it. Decreasing the liq mining rewards will volatility, is it the objective?

The liq mining rewards allows people to remain long $DEGEN, while providing liquidity to the market. It's particularly important*now*.

Let's get heard! Help me spread me word 🙏

Startup artist seeking inspiration.  Champion of /bcard, core contributor at /banklessdao

Let's get heard! Help me spread me word 🙏 
https://warpcast.com/thibauld/0x2ae6eab5

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

I am not short vol but the fees you get as LP aren't enough to compensate the risk of impermanent loss for an asset that is volatile but trending up. The liquidity mining incentive reduced that risk.... until now!

Just curious why you would want to be short volatility on this asset? That's what you are essentially doing as an LP.

Yeah brutal impermanent loss in the .3% band :(

Yes please... let us know a specific number for how much it's decreased.