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Richard Hsu | Arftist
@richardnhsu
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Arftist. Liquidity Pool enjoyooor. Monartist for @sealuminati. Arfing with @pixldao. DM for commissions or work!
Joined October 2014
How to rebalance your LP without getting rekt Seen a lot of people getting rekt providing liquidity because of the alt drop these few weeks The front part talks about why impermanent loss is killing your gains, second part talks about the strategy (starts at 12:23) TLDR: -Only LP tokens you are bullish on -Wait 48 hours before rebalancing -Don’t set the ranges too tight -Snuggle rebalance - drag down top OR bottom range ONLY -Snuggle with expanded range - expand both range -Keep in mind the market outlook P.s. really recommend watching the whole video. Show some love on YouTube if you liked the vid :P
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@ScammoonR thanks fam. yea it def took me a while to digest the info and get experience in providing liquidity
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RT @ScammoonR: Excellent "101" level overview of liquidity pools and liquidity rebalancing I personally integrate perpetuals and futures c…
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Everyone wants alt season but then keeps fudding ETH… A lot of mid/small cap alts have WETH as their quote pair in their main LP which means that the alts are actually being traded with ETH as the quote price, not dollars This means that when ETH pulls a 2x in dollar terms, your alt will pull a 2x in dollar terms even if the Alt/ETH price never moved On top of that, people will see the positive price action and accelerate the pump which means smaller cap alts will fly even harder When ETH dumps, same thing happens but accelerated in the opposite direction In my opinion, the only way we see 'alt season' where tons of alts fly is when ETH flies and pull a 2-5x from current levels Same thing with SOL ecosystem and memes They really fly when SOL starts to move.
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RT @Aelio33: Seal bros Take a moment to think about this We've been waiting for @ExploreOmnia for 3 years It's been through many iterati…
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RT @sgoldfed: Today’s announcement that Arbitrum is the USDT0 hub is part of a larger trend. Arbitrum is a (1) highly liquid and (2) cred…
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