RE: How To Maximize Your SPS Airdrops Daily Using A SECRET Whale Strategy
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i get the strategy. but why take tokens out of the liquidity pool on the daily? they should still be liquid right? i mean if you are a squid a couple seconds of illiquidity should be negligible.
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Using an AMM can incur impermanent loss due to price fluctuations while the asset are pooled. You want to minimize time spent in the pool altogether.
In my opinion, the suggestion to remove your tokens from the liquidity pool and then re-add them prior to the airdrop only applies if you are adding a large number of assets to the liquidity pool. For the average player or beginner, I don't believe the risk for the impermanent loss is a significant risk, although, I definitely see how it could be a substantial risk for whales.
It really all depends on the price fluctiations. If one of the assets happens to double for example then youre screwed because you will get back half of the tokens you put in for that asset.
SPS goes above a dollar while DEC stays the same and youre losing money.