Tracey Lo

@saturnonsolana 83v43nHWHryprknpgLd7omFyP8aZE6QMKmecH1nAo2MY

I made $2000 in fees in the first 24 hours of setting up my $JUP pool Being early pays Here’s how to set up your own pool on Meteora so you don’t miss your chance to farm LP fees on the next hyped coin: 1. Go to the DLMM tab 2. Pick a pair (example: $JUP-$USDC) 3. Go to Add Liquidity 4. Set your range (the tighter the range, the more fees you earn) 5. Deposit your liquidity 6. Start earning fees If you don’t understand LPs please read about them. This is NFA, it’s informative. The super quick version Is this: You set minimum and maximum ranges. Let’s say I pick the pair $JUP-$USDC and I set my range so 0.4 is our bottom, and 0.8 is our top. If $JUP goes over $0.8, the pool will be selling off all my $JUP into $USDC. The main risk here is that if $JUP pumps to $2, you miss out on all that upside. If $JUP goes down below $0.4, your pool will be entirely $JUP. Make sure the bottom of your range is somewhere you’re comfortable holding that coin. While you’re in range the pool will constantly be switching the balance of your $JUP and $USDC based on volume and how traders are trading. I personally don’t create any pairs where I don’t like both coins, because I never want to feel like a “community member caught holding the bag. Bookmark this if you want to farm LP fees. Onward.

Were we all wrong in saying $JUP is going to $2-$3? Yes, obviously, but also no. We didn’t understand the new mechanics on this new type of launch. The demand was there. Around $125m sent $JUP to $0.7. If this would have been a normal launch the price predictions would have hit. But why didn’t this happen? @JupiterExchange setting and clearly communicating the DLMM price settings automatically created a psychological resistance price for traders at $0.7, which in reality was quite the opposite. At 0.7 the DLMM liquidity (volatility resistance) was gone, proper parabolic price discovery would have been possible. A lot of demand/volume was handled via OTC deals on @WhalesMarket. @HGEABC alone bought around 9m tokens there. @JupiterExchange supplying sooo much liquidity completely halted any type of parabolic price discovery. Good for accumulators and airdrop dumpers. Bad for bots, traders, degens and moon boys aka volatility lovers. If you want to know how much this liquidity is keeping the $JUP price in check simulate at $1m USDC buy on $JUP and $PYTH. Slippage: $JUP: 1.32% $PYTH: 32.7% A quick linear extrapolation: with $125m in buying pressure with a normal launch pool would have catapulted the $JUP price to around $2-$3 post launch. What does this mean? 1. The launch worked as intended, the mechanics are spot on and probably as fair as can be for a token launch. Great stuff @weremeow 2. On Wednesday the @JupiterExchange DLMM pools gets pulled. The price then will determine the circulating supply for the next 12 months. @ $0.7 or above there will be 1.35b tokens available, @ or below $0.4 it will be 1.1b tokens after the team removes the DLMM. Both are bullish in their own way. Either @JupiterExchange raises a huge amount of $ to build great tech or we see a circulating supply cut. The truth will probably be somewhere in between. 3. Imo we can expect some sort of bullish news leading up to Wednesday, most likely staking. Why? @JupiterExchange want to get as close to $0.7 as possible to raise as much as possible. 4. Once the DLMM pool is removed volatility will return, traders will return, volume will increase and a moon mission could be set in motion. I‘m comfortable holding my free airdrop. What’s your take? Do you like the mechanics? How will this work for future launches, now that we know how it works?

Yes I bought $6.6M worth of $JUP I’m wallet: MWKpv5qYuZ9ZLShLB1MuV83xHRcTgVA9A5pUajnQUUcPbk3bf7FyE It’s about sending a message to the market and I will one day be in profit I’m generously giving out 100,000 $JUP to a lucky winner who retweets this and follows me

@pigmo_com 83P7KUWxCfreg381bL3qc2zL9NK7ShtCY39gEiwxJxgJ

@Jameseth100x 83P7KUWxCfreg381bL3qc2zL9NK7ShtCY39gEiwxJxgJ

@saturnonsolana 83P7KUWxCfreg381bL3qc2zL9NK7ShtCY39gEiwxJxgJ

Just received 300 $INJ Injective Testnet tokens for the Injective network through @BlastAPI and @BwareLabs! Ready to explore and experiment on the Injective network with bwarelabs.com/faucets. Tweet verified by 0d4849fa-3420-416b-a839-eecba6992e74 code

As winter grips Taiwan, the crypto world heats up. Join us at 'Rewire the Block, Hack Taipei' Taiwan's premier Web3 event. Experience panels with top influencers, a hackathon, and network with government, Web2, and Web3 pros. Connect with Asia's local projects. Hosts: @RadianceVntr, and @OrderlyNetwork Co-Hosts: @BuildOnBase, @CoinbaseWallet, @_BuilderDAO, and @0x499

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@HaughtyMonkee @AndrewOngBoonP1 @KrisNFT

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