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In reply to @cld
1/23/2024
Degen
Chris@cld
For a volatile asset that you expect to go up, the IL is how much you are willing to pay to 'support the cause', and you are paying it by selling your tokens progressively as the price rises. For a volatile asset that you expect to go down, well don't LP that.
In reply to @cld1/23/2024Degen
Chris@cld
Said another way, LP is to AMM as traditional market making is to order books, and TMM is a sophisticated business.