📘 After 3 weeks of farming @risextrade and @TxFlow_L1, I lost around $600. But I have learnt a very important lesson:
Farming perp dexs is a marathon, not a sprint.
I put $4k in each account, then tried to catch up to the whales doing tens of millions in volume. First, opening x10 leveraged trades, then x25 and then even x40. Trades I had no read on.
I could have lost way more. Losing only $600 was luck, not skill.
After speaking to @Inpunkcrypto and @CarreNFT, I understand it's far better to lose out on a few million in volume than to risk all your money. It holds more value to be able to farm for longer and have excess liquidity if new opportunities come.
FARM SAFELY!!! 🧑🌾
https://t.co/MMWQKg750Y
🚨 Week 2 of @risextrade points are out! Here's what I did differently:
> Moved around $7M in volume
> Left 20x leverage trades open for 4–5 hours. After week 1, it was clear OI is what matters most for points.
> Used taker over maker orders. The fee gap is small on RiseX, and the team's repeatedly said taker is weighted more for points.
There's still a lot of season left.
KEEP ON FARMING!!! 🧑🌾
When you say time in the book you mean a limit order that fills after a long period of time.
Personally I agree in most of the things you mentioned except for the maker orders. I think taker orders give way more points, since you are helping them finance the project early by paying higher fees, therefore they will reward you with more points. What do you think?
🚨 BREAKING
🇺🇸 FED WILL INJECT $3,453,000,000.00 INTO THE MARKETS TOMORROW AT 9 AM ET, RIGHT BEFORE THE U.S. MARKET OPENS!
KEVIN WARSH OFFICIALLY ORDERED THE FED TO TURN THE MONEY PRINTERS ON.
GIGA BULLISH FOR MARKETS!
This is great news for @TxFlow_L1, here is why:
> Visibility: CMC is where most retail investors look for opportunities
> Quality: CMC does some due diligence before including projects and coins into their platforms
KEEP ON FARMING 🧑🌾
TxFlow is now on @CoinMarketCap.
Live markets, trading volume, and asset data, trackable on the largest crypto price and market data platform.
$66M in 24h perp volume, $12M open interest.
And we're just getting started.