Slaweus

Perp trader | Onchain maxi | Living the crypto cycle

[Slaweus @Slaweus]

@Absoluto92 @risextrade I remember lighter liquidations, made me quite a lot of points but quickly stopped working;)

[Slaweus @Slaweus]

@Quantzilla34 Right, it is usually slippage what makes it unprofitable anyway.

[Slaweus @Slaweus]

@pozersol @derteil00 @extendedapp I would say close to this. I got ~48 points for like 250k volume and some money in the vault.

[Slaweus @Slaweus]

@derteil00 @extendedapp All good but emissions dropped quite a lot as well so it is not so cheap to farm now as it was back in october.

[Slaweus @Slaweus]

@ItsMarcosDiaz @izebel_eth You don’t. Final number of points hasn’t changed, emissions drop every week

[Slaweus @Slaweus]

@Citizen_555 @0xpostrich What are you talking about? What liquidity? They operate on RFQ model so you rather lower their liquidity opening a position not provide it...

[Slaweus @Slaweus]

@0xpostrich I had like 100k OI all week and still got only 5 points… disappointing

[Slaweus @Slaweus]

@0xpostrich Wtf I do not get it how vari gives points. I had almost $500k volume mostly on RWA and some hype, eth, lab holding time couple days (beside lab) and got 5 points for it... So like 5x less than you, what do you do to get that many points for such little volume?

[Slaweus @Slaweus]

@AwperX You cannot do much with low capital. I keep $100k open interest and ~$500k volume and get 5 points.

[Slaweus @Slaweus]

@Citizen_555 @0xpostrich "- Volume: BTC, XAU
- OI: BTC, ETH, XAU
- Trades: 22"

So it is not low OI pairs

[Slaweus @Slaweus]

@sam_battenally @risextrade Huge

[Slaweus @Slaweus]

@onchainmonk and PnL $69 how can it be 3,290.09% ROI😅

[Slaweus @Slaweus]

@capy_onchain @risextrade It is quite crowded already tbf. Retroactive points not confirmed so it is a risk. Liquidity is thin, fees quite high so trading is expensive. I do not thing there is much edge to trade there right now but I do it also;) Hard to push any meaningful volume tho.

[Slaweus @Slaweus]

@Ryuzaki_SEI @variational_io What was your cost on this $2.9M volume? I did ~430k volume this week and got 5 points for it but my cost was around $100 so not really worth it.

[Slaweus @Slaweus]

@bcgganbaru @Absoluto92 @variational_io Spread is too much to make it work. You pay like 60$ in spread on $100k position and get 2 points for it...

[Slaweus @Slaweus]

@Absoluto92 @variational_io Same with mem 5 points for ~$430k volume. Not wort it if you do vari only. If it is used to hedge or organic trading then getting some points on top is ok but other than that cost/point is likely more than the airdrop will give.

[Slaweus @Slaweus]

@variational_lvs @variational_io gud team;)

[Slaweus @Slaweus]

@Absoluto92 @variational_io You got enough vari points to cover your cost that's for sure so do not complain bro;) I am hoping that extended will announce something big soon as this is my biggest bag. Vari I started too late (but still before points program...) so it will be pennies for me anyway.

[Slaweus @Slaweus]

@Absoluto92 @variational_io Right, not really worth “farming”. If you trade there organically or at least pair it with other tokenless dex it is ok to get some points on top