I get your angle, but if you make 200,000% APR and then lose 75% to impermanent loss, is it better or worse than having earned just 20,000%? 🤔

Now, obviously, these insane APRs won’t hold and 75% is completely arbitrary, but I think there’s a case to be made that the higher return is just as good at mitigating risk as taking the “less risky" road. That it to say, I don’t think there’s a clear good/bad/safe/unsafe way to play it.

software engineer & manager of people