Does the LIGHT/USDT trading pair on a certain DEX's liquidity mining really have an APR exceeding 500%?



I just took a quick look at the data, and the returns do seem ridiculously high. But honestly, I haven't done a deep calculation considering other variables—like impermanent loss, slippage, trading fees—whether they might significantly reduce the actual yield.

Has anyone carefully calculated this? The numbers are so exaggerated that there might be some underlying trick behind it.
LIGHT11.02%
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GasDevourervip
· 3h ago
500%? Ha, I bet five bucks this is just a trap for impermanent loss.
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BearMarketMonkvip
· 3h ago
500%? Uh... that's outrageous, there must be a trap. Impermanent loss calculations can't recover the principal, I bet five dollars that the final profit is negative.
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SatsStackingvip
· 3h ago
500% APR? Haha, I bet it will be zero next month.
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