On-chain data for impermanent loss - are we overthinking it?
Hey folks, I've been digging into some of the on-chain analytics tools lately, particularly around LP positions and tracking impermanent loss (IL). It feels like there's a huge push to use these sophisticated dashboards that break down IL in real-time, sometimes even showing projected IL. My question is, how much of this granular data do you actually find actionable for managing your LP positions? Is the complexity adding real value, or does it just overcomplicate what's fundamentally a directional bet on a price ratio?
While tracking IL is useful for understanding the impact of volatility, the 'real-time' aspect often feels like overkill. Most of us are not actively day-trading our LP positions. How much does knowing the exact impermanent loss minute by minute actually change your strategy if you're in it for the long haul?