Hello!
I would like to invest about $5k worth of WBTC in the WBTC-DIGG pool.
Is this the right moment to do so, given that DIGG is at 80% the value of a BTC?
Also, won’t the volatility eat my profit due to impermanent loss?
Thank you!
Guido
If Digg moves back above peg and you removed your liquidity then you would have IL in DIGG. You could always wait until it went back down to the same ratio before you exit to mitigate IL. IMO the biggest factor right now is the gas. You will pay a lot for the transactions to zap into the pool and then you will have to pay to approve, deposit and stake. Think of the fees!
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