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Hey All - As a learning experience, I funded the Sushiswap pool about 5 months ago w/xMoons and xDai. Unfortunately, I was tracking the data in an old work computer that I had to turn in when I changed jobs (so lost the history). Here are the results:
- Started with $740ish (of xMoons & xDai)
- Today, balance sits at $912ish
Key learnings:
- over time the 0.25% liquidity rewards seem to pay off (overcoming the short term losses that can be caused by impermanent loss)
- there could be a lot more volume if more people contributed to the pool (notice I account for 98% of the pool with my 5K tokens).
- Sushiswap is one of the exchange prices that feeds into Coingecko's Moon price , which is kind of wild to me (since I fund 98% of the pool)
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- 3 years ago
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