$XMON dumped -89.84% in a matter of minutes following the end of the @sudoswap lock drop ๐
Many traders anticipated this event, but what if you could've traded it with Impermanent Gain?
+๐ฆ,๐ฆ๐ฆ๐ฆ%
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Many traders anticipated this event, but what if you could've traded it with Impermanent Gain?
+๐ฆ,๐ฆ๐ฆ๐ฆ%
๐งต๐
2/ First, lets establish the conditions for this model
- Pair: $XMON / $USDC
- $XMON PA: -89.84%
- Smilee Real Yield vault value: $1m
- Smilee Real Yield APY: 20%
- Smilee Impermanent Gain vault capacity: $3,846
- Leverage: 260x
- Pair: $XMON / $USDC
- $XMON PA: -89.84%
- Smilee Real Yield vault value: $1m
- Smilee Real Yield APY: 20%
- Smilee Impermanent Gain vault capacity: $3,846
- Leverage: 260x
3/ Overall vault performance totals:
๐ Real Yield vault: -67.74% / -$677,406 $USDC
๐ Impermanent Gain vault: +6,033% / +$228,206 $USDC
Yup, 60x ๐ค
๐ Real Yield vault: -67.74% / -$677,406 $USDC
๐ Impermanent Gain vault: +6,033% / +$228,206 $USDC
Yup, 60x ๐ค
4/ Obviously you won't be able to get your hands on the entire IG vault capacity, though you might expect:
- $20 investment = $1,187 profit
- $40 investment = $2,373 profit
- $80 investment = $4,747 profit
- $20 investment = $1,187 profit
- $40 investment = $2,373 profit
- $80 investment = $4,747 profit
5/ Impermanent Gain is the perfect instrument to play volatility events by longing Gamma while remaining Delta neutral
For more info on our upcoming Real Yield & Impermanent Gain #DVPs, refer to this:
For more info on our upcoming Real Yield & Impermanent Gain #DVPs, refer to this:
https://twitter.com/SmileeFinance/status/1618427704470298627
Correction:
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