wLeo pool investment up 20.53% days before geyser payout

in LeoFinance4 years ago

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I originally moved in ~12K Leo, which is the liquid I had available at the time. I then bought around 20K Leo from the pool at around 0.19-0.20 and immediately added it to the pool.

I've noticed it's be going 15-25% market gains over the last few weeks. A large portion of this is Ethereum pumping so I am not too surprised. That being said, I am very happy it has been holding up.

The above image is using https://apy.vision, which used to be called liquidity vision but they recently changed their name. The nice thing about this site is it will show you your impermanent gain/losses better than most sites.

You can also just review your liquidity gains (via fees) by clicking on that.

I added around $15,000 worth of Leo and ETH combined. I am thinking about doubling that within the next 30 days.

Sites like Zapper.fi give you a much simpler look at your position, but I do like the pool share attribute.

In a few days the first geyser payout will happen, and we will have a better understanding of the wLeo returns.

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with $15k worth on the liquidity pool how much apr are you expecting? just curious as im recording a youtube course for newbies including leofinance (also LBI project) or the he-index.

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I'm guessing the first month will be 15-20%, but I haven't checked out the calculator. Will know in a few days that's for sure.

nice! is there gunna be a HIVE / ETH one? need a place for my liquid hive

There is, but it has almost no liquidity and no swaps. It's also centralized, so larger stake holders have been reluctant to provide liquidity.

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Pooled Tokens 8,616 WHIVE 1.68787 ETH. hmm thanks

There have been talks of making a new one with a better design like wLeo 2.0.

Without an incentive there won’t be any liquidity, fees are nearly zero with tokens like this.

It will be much better than wLeo 2.0, since wLEO is still centralized. wHIVE 2.0 will be completely decentralized (up to 40 independent nodes).

theycallmedan said he will add $250k liquidity to the pool once it launches.

Once it is decentralized, I know a few people who will get involved.

Pool share % is on the apt.vision site too. Click that "more info" link next right from "LP gains" column

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oh ya, I keep forgetting about that window. I generally just pop it open for a quick overview. 99.5% of the action is market gains with wLeo.

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Providing liquidity with such an amount is great. I think the reduction in the price of eth might result in an higher Apr then the 15-20% you are projecting .

Just me thinking out loud

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Market conditions already have been factored in the 20.53% I posted. The Geyser is a relatively unknown, and will happen in a few days on top of the wLeo/ETH market.

Okay. I think providing liquidity is one way of helping and earning at a go. With more demand for Wleo, we can only expect larger liquidity on the uniswap wleo-eth pool

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I was looking at jumping into the wleo thing a short time ago, but I soon realized that the small amount of both tokens I held was going to be a hinderance. I started asking some questions and was later informed that this is something more for large holders. It sounds like you are going to get a pretty decent return, so that is cool.

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Where are you buying LEO FOR .20?? PLEASE share this detail :)

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Was when wLeo 2 was just started.