Anton Banchev

[Anton Banchev @AntonBanchev]

@_can1357 v2 will come when they slap an llm listening to all requests on that port and just answer instead of a precoded web server

[Solidly Labs @SolidlyLabs]

Recent @SonicLabs $S pump delivered some juicy APR for SOLIDLY LPers - no need to use narrow range anymore 🥳

[Anton Banchev @AntonBanchev]

@IntelScout With 70% of people unhappy, how many do you think will stay for round 2, plus the remaining 30% for sure are considering finding better roi in other places

[Sonic @SonicLabs]

We're excited to share that we've invested 400,000 $S in @HeyAnonAI.

Through the Sonic Innovator Fund, we’ll be investing in new primitives and projects across our ecosystem.

Who's next? 👀

🔗 https://t.co/BvJfUEo8JB

[Anton Banchev @AntonBanchev]

@Diego_joseh @BartertownC @SolidlyLabs @ShadowOnSonic @SonicLabs Enjoy whatever you are using to LP, maybe in some months you will try again when you have a clearer picture of what is what.

[Anton Banchev @AntonBanchev]

@Diego_joseh @BartertownC @SolidlyLabs @ShadowOnSonic @SonicLabs There is a dev working on that since several weeks, there was not even supposed to be any marketing of profits before it is done(to not have situations like now where people see 1000000% APR), however the binance volume forced changes to plans, and the real APR is still not done

[Anton Banchev @AntonBanchev]

@Diego_joseh @BartertownC @SolidlyLabs @ShadowOnSonic @SonicLabs I appreciate you tried, but this week if chain remains dead, shadow will pay more to the LPs, even if they end up losing on that as a whole.

[Anton Banchev @AntonBanchev]

@Diego_joseh @BartertownC @SolidlyLabs @ShadowOnSonic @SonicLabs Shadow votes their weekly apr each epoch, so the whole week you will get the same APR no matter volume, if the volume goes up, you don't earn more, if the volume dies (like now) you still earn the same APR at the expense of token holders. So not really comparable.

[Anton Banchev @AntonBanchev]

@Diego_joseh @BartertownC @SolidlyLabs @ShadowOnSonic @SonicLabs So last week market was wild, and since yesterday it died on the whole chain (not sure if MM stuff or binance alpha ending), so APR will be super high until statistics catch up.

[Anton Banchev @AntonBanchev]

@Diego_joseh @BartertownC @SolidlyLabs @ShadowOnSonic @SonicLabs If you cared to ask, we would have told you that APR on the website is not correct (and we are not using it so calculate rewards). It is getting how much rewards were collected last 7 days, then gets current liquidity and uses that to "estimate" an APR. Not a reliable method...

[Anton Banchev @AntonBanchev]

@BebDLMM @KingsFantom Taking advantage of any inefficiencies in the market is what i called "exploiting" but that ended some time ago, rn we still earning great despite these inefficient bots no longer generating volume on chain

[Lojesad @Lojesad]

After this last post, in only 3 more days I have finally made 10x'ed my initial $88 only through LP using @SolidlyLabs pool.

Actually it's 10.42x, with LPs. While $BEETS was just in a small range.

I had to play a bit of levels, putting liquidity where I thought there would be more crabbing, but nonetheless fees fee'd.

$SOLID

[BabySymm @Babysymm]

In 4 days we have doubled the value of our @SolidlyLabs farms. All from fees being put back into lps.

The place to farm 🤝

50 % goes to buying back $ Syme after perps launch, then weekly buybacks resume.

#memecoins #sonic #base #revenue #investmentfund

[Anton Banchev @AntonBanchev]

@defi_mago @IntelScout Stables do not generate income, they are just for volume and vanity metrics for dexes, especially on Sonic where most stables are with 0.0001% fee. Any serious APR paid on them is either marketing budget or someone somewhere is preparing to rug.

[Roosh @KingsFantom]

New day, new statistics, @SolidlyLabs still second DEX on $S for fees, this time the lending part of beets earned them a bit more in total, but from pure dex perspective we are killing it. All achieved on a 1 million TVL, making Solidly the most profitable LPing dex on Sonic.

[Intel Scout @IntelScout]

This scenario uses the most basic assumptions to keep it simple

The returns here are actually a LOT more conservative than my current ROI although my entry price is ~0.57

Why? 50% APR on S / USDC is tiny

So even if you rebalance multiple times, you'd still be up

[Anton Banchev @AntonBanchev]

@IntelScout @KingsFantom @SolidlyLabs On others it depends on the pair and the pool tick size, so I would verify Apr myself rather than trust the current calculations and try to figure out how correct they are

[Anton Banchev @AntonBanchev]

@IntelScout @KingsFantom @SolidlyLabs Stables are probably pretty accurate

[BabySymm @Babysymm]

Syme has over taken @symm_io daily revenue, making more than 1k a day.

Not for long of course

[Anton Banchev @AntonBanchev]

@IntelScout @KingsFantom @SolidlyLabs We don’t want people to get tricked by 1 million Apr, but takes time to redo the UI and Apr calculations to correctly represent the real profitability