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Weeks of my LP earnings gone in one bad exit.
The worst part? One feature would have saved all of it.
I did everything right picked the range, calculated the fees and set a clear exit . But one night around 3am price moved fast. By the time I checked, the fees was wiped out by impermanent loss. After this checking the charts became a job , but still I was missing the moment.
Then I came across Smart Exit Feature of @KyberNetwork and I decided to try it
I set a position with clear rules:- Exit at my target price or after reaching a specific fee threshold whichever came first. Then I stepped away and when I checked after some days , the position had already exited cleanly, exactly at the level I had defined
The Smart exit feature offers us to set Multiple conditions for the exit such as Fee Yield, Pool Price and Time with the option of mandating all or anyone of the above conditions, thus offering flexibility with automation.
Check the tutorial on how to use the Smart Exit Feature👇👇
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