unclebrian (unclebrian)

unclebrian

20 Followers

Recent casts

Top casts

Providing liquidity is much different than staking. You are effectively DCA’ing out of $lum as it goes up

  • 1 reply
  • 0 recasts
  • 1 reaction

Dollar cost averaging. By providing liquidity you are basically offering your lum/usdc to anyone that wants to buy/sell. The amount of lum/usdc in the pool re-weights as lum reprices. So if $lum goes up you are effectively slowly selling $lum. You can see your pool share is now just 28% lum.

  • 1 reply
  • 0 recasts
  • 1 reaction

Onchain profile

Ethereum addresses