Degen

ok so i finally understand impermanent loss and therefore why uniswap gives you a price range when you’re adding liquidity.

such an interesting ux. maybe this will be the thing that makes it into a concept.

impermanent loss only takes into account the start and end price but LPs lose money on all the arbitrage that happens inbetween, the metric you want to track is loss vs rebalancing (LVR)

here is a great 30m lecture on it if intersted

working on meta.matcha.xyz, yc alum, @orangedao

https://www.youtube.com/watch?v=q5vyJJb-Uyw&t=1s&ab_channel=TimRoughgardenLectures