5/ Key Takeaway:
By using Meteora DLMM with a smart bin-step strategy, you can significantly reduce impermanent loss and improve your liquidity farming returns.
6/ Interested in diving deeper or discussing strategies? Letโs chat! ๐ฌ
#DeFi#Meteora#LiquidityProvision
๐งต Reducing Impermanent Loss with Meteora DLMM
If youโre farming liquidity pools, this is for you. Letโs dive into how @MeteoraAG DLMM can help minimize impermanent loss (IL) and maximize your gains. ๐
4/ Strategic Tip:
In DLMM, selecting the optimal bin-step is crucial. A smaller bin-step offers precise control but requires active management. Larger bin-steps are more passive but may expose you to higher IL.
Keep building ๐ช
## ver 2.2.0
- Fixed TVL (in test mode)
Surprising fact: Meteora often incorrectly displays TVL of its own pools (cheating us with potential profitability, it turns out). We fixed it.
- Added Volume 1h
- Added Volume 1h previous
- Updated ChatGPT Agent
At the moment, all funds (body + profit) have been transferred to this address and are waiting for the following insiders: https://t.co/SJgI4YRxYM
We continue to monitor the developments
How much did Trump's son earn on yesterday's pump in honor of the announcement of crypto reserves? We are investigating ๐ @realDonaldTrump@HyperliquidX
I usually try not to criticize other industry players, but I still do it once in a while. ๐
This update from Safe is not that great. It uses vague language to brush over the issues. I have more questions than answers after reading it.
1. What does "compromising a Safe {Wallet} developer machine" mean? How did they hack this particular machine? Was it social engineering, a virus, etc?
2. how did a developer machine have access to "an account operated by Bybit"? Some code got deployed from this developer machine straight to prod?
3. How did they fool the Ledger verification step at multiple signers? Was it blind signing? or did the signers not verify properly?
4. So, was $1.4 billion the largest address managed using Safe? How come they didn't target others?
5. What lessons can other "self-custody, multi-sig" wallet providers and users learn from this?
๐คทโโ๏ธ