A clear example of the effectiveness of concentrated liquidity when using positions with a custom price range.
Using a custom range, we earn more fees with a position with 3x less liquidity than a position with an infinity range.
@alcorexchange#dex#wax#defi
Made some profit on providing liquidity to https://t.co/kJklFZ6IXm (@alcorexchange)
1500$ just holding both assets for few months.
WAX / USDT price is stable now which is good for concentrated liquidity position.
#defi#dex#trading
@bomsland@alcorexchange Hello! Thank you very much for feedback!
The reason is that, Alcor has it's own fund, and it can support itself.
On the contrary, we are currently looking at different projects for possible support from our fund!