This was a feature of the old liquidity providing. Yes, there is a possibility to continue loosing more LINK. However, the price of PRV is increasing. The new provide only allows for specific cryptos and uses a different mechanism to handle Impermanent Loss.
What is impermanent loss?
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That sucks. So would you suggest I pull it out and cut my losses? I feel like link is going to continue to outpace prv so I would only lose more and more if that is the case. Am I correct in this assumption?
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Hey, well yes, your assumption is correct.
Yet you never really know how the market is going to move and you may just recover said loss, since the loss is only temporary.
That being said, if you explicitly looking to earn interest than the new Provide feature would be the way to go.
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Yeah. Thatās what Iām gonna do. Shouldnāt take too long to make it back I guess. Thanks for your input.
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