HiveComb

This week I'm switching chains again in my tracking, and it's time to review my investment in Uniswap on the BASE chain. The analysis covers the last two weeks. As you can see in the chart, the total value has decreased, which is clearly due to the market declines in both Ether and Bitcoin.

Screenshot.

However, this isn't the important thing in a liquidity pool investment because it doesn't change the outcome of holding both tokens. What's important is the pool's profitability and whether it has stayed within the target range. The range is crucial because if you're outside of it, you don't earn commissions for contributing liquidity to the pool. As you can see in the chart, it was out of range for a few days, but now it's back within it, although with a different distribution. I think it has performed well since the two tokens haven't fluctuated too much. If it had been against the dollar, it would certainly have been out of range.

What has the return been? Well, if I invested 15.32 and have received rewards of 0.33, that's 2.15% in two weeks, or roughly 56% annually. It's not bad, but honestly, for a high-risk investment with a concentrated pool, I expected at least double that. Anyway, I'll keep monitoring it to see how it develops.