BizarreBeasts Community

I am experimenting with liquidity pools and memecoins, working with Meteora to maximize profits.

Of course, I am focusing on Solana. Would you like to know the details of my experiments, what works and what doesn't?

These are investments, and I only do this for educational purposes. The money may be at risk, so NFA DYOR.

Basics of Meteora and DLMMs

To begin this series of Cast, I will start with the basics about what is the dynamic-concentrated liquidity offered by Meteora:

1. Bin Step: As I commented the concentrated liquidity in Meteora is dynamic, so the price ranges are already pre-established and these ranges are divided into what are called Bin Step, in simple words, the lower the Bin step, the smaller the range, and the higher, the larger the price range.

Fee: This is the percentage that is charged for each exchange that is made in the pair of coins you choose, this is very easy to understand and although it is not so relevant it is important to know it, since most investors seek to exchange in the one that charges less fee to pay less and get more tokens.

3. TVL: This is basically the liquidity that the token has, it is essential to know it because our profitability depends a lot on it and that the token is not a scam.

Continued 👇