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How recent #HIVE Surge effected my dollar value in Liquidity Pool on Hive-engine... by gungunkrishu

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· @gungunkrishu ·
$11.62
How recent #HIVE Surge effected my dollar value in Liquidity Pool on Hive-engine...
Hey All,

![image.png](https://files.peakd.com/file/peakd-hive/gungunkrishu/23w38Bkq5rr5vN63zajmTnNq9BzkLAKBhdETV2nPweaxQcMv1uKE2x7XduCwRbL8MR6of.png)

The recent spike in #hive left me amazed to see my liquidity position rise drastically in terms of dollar value. I would say I saw at least a $1K+ spike in value. Yes I know the reason as well and that is tied to [Impermanent loss](https://tangem.com/en/blog/post/impermanent-loss/). I guess we all know what Impermanent loss in Yield Farming? In case not then let me remind you that it  a temporary reduction in the value of assets in a liquidity pool that occurs when the price of the assets changes. In our case as #HIVE price changed we will definitely see a change in value for all the LPs where you have funds paired with #HIVE. Also an **Impermanent loss** can happen when a liquidity provider (LP) deposits funds into a pool and the value of the assets in the pool changes due to trading activity. Here is the snapshot that I had saved for my liquidity position before the rise in value of #hive


![](https://images.ecency.com/DQmTCv6xnp1ZCCr51cqS95PZcp6RPbTui4UpAV3py8sWqFg/image.png)

You can clearly see a difference of almost $1K+ in value. So what did I do when the spike was observed well to be honest I liquidated some #HIVE and then swaped it with the pair it was providing liquidity. By doing this I was able to get more tokens and ultimately when the price of #hive dropped back I increased my liquidity with the same amount of #hive that I had liquidated. In all by doing so I was able to gain some dollars which I feel is overall good - profits are always welcomed and why not. And well these kind of situations doesn't occur daily one just need to take a call at the right moment and act accordingly when situations like these occurs. Most of the time I don't touch my funds in the liquidity pool they are either growing when I add liquidity further or are stagnant when I am swapping the rewards with some other tokens. Overall I can say that so far my experience of providing liquidity here on the hive-egnine has been great and I plan to further invest in emerging second layer tokens here on the HIVE Blockchain. Well this should be it for todays post on  How recent #HIVE Surge effected my dollar value in Liquidity Pool on Hive-engine... **Happy Investing**... cheers

### Have Your Say on Liquidity, Convert SWAP.HIVE to HIVE - BeeSwap Portal...

Did you observe the spike in dollar value for your liquidity on hive-engine? Did you leverage the convert swap.hive and vice-versa service provided on Beeswap? Which service you do use while converting #HIVE & SWAP.HIVE? Would love to hear your thoughts around it in the comment box below? Cheers 

#### How recent #HIVE Surge effected my dollar value in Liquidity Pool on Hive-engine...

#swap #hive #beeswap #swapservice #reliable #swaphive

Best Regards

![image.png](https://images.hive.blog/DQmf8M7sc1D6qBdBhsPoCWTLWSr2yEc1xXeBteBJrkFyB5s/image.png)

Image Courtesy::  beeswap, peakd

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 202 others
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vote details (266)
@india-leo ·
Indiaunited Curation 1731743579261
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@indiaunited ·
Indiaunited Curation 1731743585352
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

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