The Altcoin market does not look so good at the moment, but still you can use those markets to create good yield. To do that you need to understand the concept of Impermant loss when creating an LP with that high APR. As an example I am currently farming on Shadow Dex on @SonicLabs with my $S Airdrop from the Sonic yapping event. The bigger portion is running currently with an APR of about 30% and the smaller portion with over 350%. If I would compound those yields on a daily base, it would end up in an APY of about 4K%. 4K! It means, if I would farm with 100 USD, it would be after one year 4000 USD (in theory), if the price of $S would not change. But we don't know how the price of $S will move, so you have to calculate the IL into your LP. If you are creating an LP with a volatile asset, you will not really be able to fully control the IL in any way (up or down). So the strategy here is normally. 1. Just increase the total number of tokens of your volatile asset This is a bet that the token will appreciate in price over time, so you can get more tokens and also use the time factor to yield (or compound) 2. Use your LP as mining engine This is my case, as I am using in general my LP's to accumulate yields with a relative high APR (which means that the LP needs to be resetted quite often) and swap those yields into assets I want to get. This could be as an example yielding stables (USDC/T or similar) or as I am currently doing yielding it into $LBTC , to increase my exposure to BTC itself These kind of LP'ing is by the way similar like trading, as you look into the price of the volatile token (in this case $S) and have to put your S/L into count, so that you may take profit when the token price has increase or stop LP'ing and convert it into Stables to keep the minimum of value of your LP and protect your seed.