Qkkel

[Mr. Beefman 🥩 @0xMrBeefman]

I've got 50+ @MeteoraAG LP educational drafts covering pretty much everything

Drop a reply with what you actually want to learn

The most requested topics go out first

[Qkkel @qkkel]

@0xMrBeefman @MeteoraAG Exact stop loss rules would be interesting. I have closed too early and then too late. Never really understand the solid logic.

[Tuuxx @Tuuxxdotsol]

Still on a pretty brutal losing streak since I started documenting this new @MeteoraAG journey.

Current balance: 7,720 SOL (-600 SOL)

It hurts, but it’s neither my first bad streak nor my last one. Consistency is what matters.

I finally took the big L on $PAID.
I regretted opening $ALLINU early in the challenge because it didn’t really fit my usual criteria. $PAID is different. I don’t regret opening the position at all, the narrative and setup were there.
What I do regret is getting too greedy. The moment the setup with X was announced as dead, the thesis changed and I should have closed the position immediately. Instead, I decided to keep gambling on a bounce.

Bad decision. Expensive lesson. That’s part of the game though. You keep learning every day.

On the positive side:
→ Took a W on solana:DEW9dSN6QpWyNthphCpMmAbZP1Q4cEKR9xQXAri98WDP and reopened it with an updated range.
→ Took a W on $BP, but decided not to reopen. The volume/TVL ratio isn’t attractive enough anymore, so the fees just aren’t there.

Last but not least, I’ve decided to take a small L on $ZEC. I don’t want my capital stuck for too long in such a poorly performing pool.

Not the update I wanted to post, but these periods are part of the process.

Back to basics: strong tokens, large ranges, steady yield, peaceful nights.

Updated @MeteoraAG pools:

solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx
• Size: 5,000 SOL
• Range: down to 0.00089473 SOL/SI (-52%)
• Pool: https://t.co/CPDgGsVCJM
• Thesis: Covered in my previous posts.

solana:DEW9dSN6QpWyNthphCpMmAbZP1Q4cEKR9xQXAri98WDP
• Size: 2,500 SOL
• Range: down to 0.00010995 SOL/SI (-68%)
• Pool: https://t.co/ni8syXrcXp
• Thesis: Covered in my previous posts.

As always, NFA / DYOR.

What are you LPing right now?

Drop your plays, thoughts or questions below 👇

[Mikus @MikusLP]

LPing on Solana isn't just about memes

There are tons of high cap tokens, yield bearing assets, RWAs that have been ported to Solana and receive consistent volume

Returns are nothing crazy, but you can use LPing to earn some fees on your stack or DCA in smoothly, over time

For example, I earn consistently with near:native token, and am not afraid of using size here. It's a reliable token that will keep printing

Find yourself a token you'd love holding and open up an LP position with a comfortable range. In worst case you will end up holding a bag at a cheaper price

[NetNet Capital @NetNetCap]

Shareholders,

We’ve been working diligently on new angles to drive treasury growth outside of our current suite of 15 products.

This upcoming week, a few of the teams we’ve onboarded via the NetNet SDK will officially launch their products.

Some of these products will not be on Robinhood Chain, some of them will not even market to crypto users. All of them however, will send revenue directly into our USDG treasury.

We will have more on this soon.

[Don’t Follow Shardi B If You Hate Money @ShardiB2]

😀

[Mr. Beefman 🥩 @0xMrBeefman]

"What's the minimum deposit to start LPing on Meteora?"

Wrong question, and here's why

A beginner will blow any deposit, 5 SOL or 500

The right question is how to get experience without blowing the bank

> The truth about deposit size

An experienced LP can multiply a few SOL many times over in a month

Only with aggressive strategies though, safe positions won't grow a small deposit

You build the bank with aggression, then dial down the risk over time by moving bits into slow cooks

It's always been this way, not just this year

> The plan for beginners

1. Start with any minimal deposit
2. Learn the theory
3. Practice with small size
4. Write yourself a daily report in a spreadsheet, insights, why the profit, why the loss
5. Repeat 3-4 until the confidence comes

Experience will answer the deposit question for you

My link, in case you need a trusted one https://t.co/tyjUNMOL6a

[Bera @beracap]

In 3 days, $Ena goes through its last and large unlock.

It becomes fully dilluted once for all.
The impact can be seen on the chart and it reminds me of $Pump when it retraced from .0016 to .0012 into and after unlocks.

Ethena truly becomes powerful once this unlock is out of the way. Fingerscrossed for the chart to be saved last min.

[Qkkel @qkkel]

@CookerFlips I think I have none:)

[Qkkel @qkkel]

@dollargamma @reatlashype Just find peace inside yourself and all these distractions feel like fun:) Believe me.

[NetNet Capital @NetNetCap]

$NET cannot go to zero. The immutable core contracts set backing at $173 right now, including the RWA sleeve its over $210.

At these levels we are aggressively buying $NET . uncapped upside with a worse case 50% drawdown.

The treasury continues to climb, V3 RWBs turn off dilution, we have $1M in stables coming to the credit desk today which we will use to buy more $NET.

Overall, we've grown our treasury to nearly $26M in under 3 months, we have basically built all of 2021-22 DeFi in under 3 months, We've delivered brand new on-chain experiences including on no-loss lotteries, no-loss sportsbooks, an advance rebase desk, and more. We have the largest morpho blue market on RH chain, and we have not even released our bluechip (frontier) product yet.

We've also done all of this without any public acknowledgement of any kind from RobinHood yet. Worth mentioning.

A bet on $NET is a bet that our team will be able to grow the treasury past the pace of emissions. So far that bet has been correct, but it is clear that additional revenue streams outside of bonds are required for the next leg up.

I am betting that we can deliver.

[James Marston @byJamesMarston]

2 days into the experiment, and the numbers are really interesting

0.58% Fee/TVL in 24h -> ~700% APY

Current yields:
> 18.56% APY $JUP
> 30.04% APY $MET
> 700% APY JUP-MET LP

Q3 ASR on Jupiter is coming, while Meteora is preparing $6M in Creator Rewards

More incentives -> More creators -> More volume -> More LP fees

[Qkkel @qkkel]

@byJamesMarston Wow, very interesting take. Never really entered my mind. Thanks James.

[Qkkel @qkkel]

@MetaverseMan_ @NetNetCap Wow, pretty significant numbers.

[Qkkel @qkkel]

@gnarleyjs These days will return. I am pretty sure about that. Remember, @weremeow and his 3 dollars lockup:) Thats all we need to know:)

[Qkkel @qkkel]

@razzaer @MeteoraAG I got smoked on YAP yesterday. Like a lot. Never would have thought. However, another day another buck.

[Qkkel @qkkel]

@tom100B @useyapdotfun Thanks Tom.

[Qkkel @qkkel]

@useyapdotfun yeah FO.

[Qkkel @qkkel]

@hieave @RapidCalls fo