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@lenonmc21
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 👇
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@lenonmc21
4. 24H VOL: Basically, the amount of money transacted that has been in the selected pair, it is important to know this data, because we could know how much profitability we could obtain. Note: Here I make a parenthesis because a “Tip” to choose good pairs, is to observe how much liquidity there is and how much volume moves, if the volume is higher than the liquidity that has the token, we should choose it for the moment, because the daily and annual APR will be quite high and this is what we are looking for. 5. 24H Fee/TVL: This is basically the daily percentage that the pool is paying, if we multiply this value by 365, we will get the annualized percentage that it is paying. Continued 👇 👇 👇
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@bizarrebeast
interesting info!
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