Hi @everyone. How are y'all enjoying the Lido market pump.
09 Jan 2023, 06:48
Hi @everyone đ
How are yâall enjoying the Lido market pump?
Our Lido LM Miners just got 80% increase in dollar value of their $LDO mining rewards in the past week.
Donât Panickđ, the amount of LDO weâll send won't change but the value changedđ.
NOTE:
All Liquidity providers/ Farmers please do ensure to check if your position(s) are still aligned with your strategy.
For farmers who want to keep in range for earning rewards, especially if you had a tight range, you can simply do either of the two:
1. Check on your positions, if it's close to current price and you forecast that the price will come back in range, wait till your position gets back in range and start earning rewards again. OR
2. Remove your liquidity and add liquidity again with a new price range if you think it won't back in range.
Disclaimer: Keep in mind that farming/LPs are base on your strategy, this reminder are for users who are new with Kyber/or need a personal advise, this is not a financial advise.
Also one last note, Kyberswap doesnât charge fees for adding and removing liquidityâ¤ď¸