Thank you so much! Finally I understand it:)

Hello,

I read many articles about LP and impermanent loss, but one thing is not clear for me:

Please correct me if I’m wrong - I added 100 Dai - 100 X to the pool. Unfortunately X dumps 30% so now I have 70 dai and 130 X. I believe the price of X will recover, and it will be more than $1.
 Is it a goos move to remove the liquidity and add back again when the price go above $1 for example $1.2. In that case I provide 70 dai and 58 X so I saved 72 X tokens.

- Are the liquidity pools works like this?
- At the end of the day does it matter how much was the price for the assets or only the total value? If I understand these pools well then after providing $1000 the total value of my LP will stay on $1000 but with different token ratio.

Thank you guys for your answers.

Hello, I just started to use Metamask, and I did a small swap to see how does it work. I swapped 0.1 ETH to POLS. When I check the transaction I see the following:

Amount: 0.1 ETH
Network fee: 0.06622 ETH
Total amount: 0.16622 ETH
$98.2676

After the transaction I can’t see this high amount of fee on my balance, but if it doesn’t affect my balance then why I see these numbers?

Thank you!

Thank you all for the help! The reason why I would like to use swap is that these tokens are not available on exchanges. I have no problem with KYC, I also have an account on Bitstamp, Kraken etc.  Thanks again!

Hello, I’m new in cryptocurrency, I used to buy Bitcoin on popular exchanges, it was easy.. but I decided to invest in alt coins.

I purchased ETH on Coinbase, and transfered it to my Metamask account. From Metamask I swaped my ETH to POLS. - That’s the best way how I should get alt coins?

- Are Metamask, Bitswap, Uniswap for the same purpose?
- If I decide to get USD for my POLS then I have to do the same but in reverse order?
- I have an Etherscan link, do you know any ebook, or documentation what I can read to understand the whole process?

If you can provide any website, book to learn more about it let me know please.

Thank you for your answers! God bless!