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RE: Doing some Maths

in LeoFinance3 years ago (edited)

When I was talking major shit about the Polycub launch I claimed that serious damage was done to the entire ecosystem. I believe we have evidence of that damage already, with the market cap of CUB dropping to $1.5M for the first time ever.

When a project builds tokens on different networks with different use cases, you will certainly see a drop in the markett cap of one, most likely the one with fewer use cases or say, the first tokens because the new token will surely come with better utility. Most projects I have come across only build interoperability features only to allow investors to use the network of their choice. The use cases are the same such that features that are brought to one network becomes applicable in the other.
It won't be surprising to see the Cub market cap decline further due to a preference for a better aspect of it.

Those results include outcomes like mitigating impermanent losses or increasing liquidity in a certain range at the cost of reducing it outside that range.

This is the beauty of IL, using it well can benefit the user but punishes the project.

Coming to the pHBD/USDC pool, I won't really be a fan of such pool because the APR of stables pool are usually low. Again, I can't leverage on IL on the particular token am bullish on.