Regarding $Jager Pool 2 48-Hour Earnings Test Mining Earnings From the pool opening to 6 PM today, exactly 48 hours have passed. I calculated that I have currently recovered 88% of my investment, with 12% remaining. It looks like I'll break even by tomorrow morning, and then all subsequent earnings and LP will be pure profit. Lock-in Period Someone asked me today, "Can I withdraw at any time?" It seems people haven't paid attention to the rules. Adding LP to participate in Pool 2 requires a 14-day lock-in period. This means even the earliest participants will need to wait until Pool 2 ends to withdraw their LP. Impermanent Loss Some beginners might be curious about how much LP they can withdraw later. This entirely depends on the price at that time. Adding LP inherently involves impermanent loss. If the token price increases, your tokens will decrease while your BNB will increase. Conversely, if the token price decreases, your tokens will increase while your BNB will decrease. However, LP impermanent loss is highly resistant to price drops. For example, if you added $100 worth of tokens and $100 worth of BNB, your LP value would initially be $200. If the token price drops by 4x, your LP would still contain $50 worth of tokens and $50 worth of BNB, totaling $100. In this case, the LP value would shrink by 2x. The calculation formula is: LP multiplier squared = token price multiplier. For instance, if LP doubles in value, the token price would increase by 4x, and vice versa.
About $Jager Pool 2: 24-Hour Earnings and Impermanent Loss Mining Earnings Based on my personal test from 6 PM yesterday to 6 PM today, I have already recovered 65% of my investment in 24 hours. With 6 days remaining, it seems recovering the full investment won't be an issue. I plan to hold some tokens, and by the time the LP period ends, I might have accumulated some tokens, potentially achieving dual earnings in tokens and BNB. Impermanent Loss From my personal test during the same 24-hour period, the actual value of the LP has decreased by approximately 10%. Within this range, the LP value had a maximum increase of 30%. Currently, the impermanent loss is entirely manageable and within expectations. At the same time, it's important to understand one principle: LP value is actually quite resistant to price drops. For example, if the token price drops by 10 times, the total LP value would only shrink by 3 times. This is related to the pricing and liquidity algorithms of DEXs. LP Data Currently, we can see that the tokens added to the LP amount to approximately 21M T, which is 21 quadrillion. The circulating percentage is roughly 21% + 5.4% + 4% + 10%. After deducting the project's share, the circulating percentage is about 36.6%, which equals 53.44 quadrillion. This means approximately 40% of the circulation is within the LP.
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