Degen

gm my degen fam

as promised, my entire liquidity mining airdrop went straight into creating more LP.

This is how we do it 🫡 🎩

e/acc || Building @ /imgn || Dogecoin core dev 2013/14

yo, can you share what the apr for the lp is?

Honestly it massively varies depending on your range, and ofc LP Mining points that top it up. Volume is obv the biggest factor though - which will undoubtedly vary throughout the cycle.

Following that then you need to account for IL.

Being frank, there's no real way to guesstimate a full year of fee returns.

understandable, but are we talking like 0-50% range or are we in the 3 digits?

this was not written by chatgpt, even though it might look like it

I understand. thanks a lot for the breakdown, I was not expecting you to give me this extensive of an explanation ❤️
200 $degen

If we were to just take today on uniswap; $29.6M vol @ 0.3% fees = $88.8k split between $17.2M TVL = 0.51c per $ locked * 365 = 188% APY (napkin math)

I'm serious when I say there's no way to guesstimate a full year out though. This is just extrapolating one single day during bullish momentum/volume.