@arcus_xyz Finally hit $1M. Just the beginning. Everything is still uncertain, but we’re embracing the uncertainty and pushing forward. 🚀we keep cooking 💚
Tomorrow at 12:00 UTC, Variational co-founder @variational_lvs will go live on X with @ElNachoCrypto to answer community questions.
Set your reminders below 👇
Often I get questions about the benefits of swaps:
- Incredible liquidity (direct from tradfi)
- Predictable funding costs (~4.5%)
- Massive RWA listing universe
- All with zero fees
You have to try it to believe ($1M at 0.0029% spread!!)
Swaps are the next generation of perps
Lighter x Robinhood: The Points Farm Is Broken
Points scale strictly linearly with position hold time.
A $10k volume held for 12 hours yields 0.0535 points, which is exactly 12x more than what you get for holding for 1 hour.
This makes classic scalping or quick volume churning extremely inefficient - the system is strictly looking for sustained liquidity.
If you scale that up to $100k volume held for 12 hours, you get around 0.535 points at an execution cost of ~$2.18.
If you're picking a trading pair to farm, stick exclusively to $BTC, $ETH, and $HYPE. $SOL cuts your points by ~17%.
Without factoring in the Friday drops, current farming has turned into a straight-up purchase of overpriced points.
If you're going to keep farming, the optimal play is sitting in hedged BTC/ETH cross-positions for as long as possible minimizing re-entries to cut churn costsand banking purely on the Friday distribution.
By the way, this says a lot about the current state of the market.
Teams are allocating rewards, but they're making farming as unprofitable as possible because they want to minimize cash burn, maximize revenue in USD terms and keep user retention high.