1d ago
Daily update about @SonicLabs LP'ing
The current Range for two separate pools didn't needed any change for the last two days, which means that the general price of $S kept in my positioned range.
The bigger amount is kept in a pool with 54% and a smaller portion with a range of 295%.
The APR for the bigger LP pool is fluctuating between 120% to 50% depending on the market condition.
All rewards collected from the LP in fees are in Shadow tokens, which are then swapped directly into $LBTC to move it into the Sonic Vault.
With this method the LBTC Sonic Vault is also getting additional Sonic points, which will at the end of the season convert into another $S Airdrop.
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