Today I saw a question in the 🐶 group, let's talk about the settlement logic of the pool!
PS:
When buying: $SOL price 170 U, meme price 0.02 U.
10 SOL (1700 U) exchanged for 85,000 meme.
When selling: $SOL rises to 210 U, meme price rises to 0.025 U. Selling 85,000 meme, exchanged back for 2125 U at the current SOL price.
Why does it feel like a loss?
meme fiat price increased by 25% (0.02 → 0.025), but the actual SOL exchanged back is less!
The increase in SOL (23.5%) is greater than the increase in meme, resulting in a small increase in the amount of SOL exchanged back, or even a possible loss.
Pool settlement logic:
Buying and selling will be settled according to the current price of SOL in the pool, and the price fluctuations of $SOL will directly affect the final amount of SOL exchanged back!
When buying, the SOL price is low, and when selling, the SOL has risen, which may greatly dilute the returns in terms of coin.
Be aware of the differences between coin-based and fiat-based values; the recent increase in SOL may sometimes “eat away” at the increase in meme! Of course, if you hit a hundred times on the dog every day, this little dilution is just a drop in the bucket.
Better understand the pool mechanism, better put money in your pocket.
Haha, wish everyone to get rich recently and keep getting rich, have a prosperous year.
