lucasf77.DLLM
13.6K posts
@lsousamf
Explorador web3, me aventuro no mundo DeFi. Poliglota, falo português e linguagem da bola, um amor pelas três cores 🇾🇪
Bid Ask April Competition is LIVE! 10 days to show your edge, print the highest % PnL and compete for a $1,000 total prize pool. All the details below 👇
Quem assistiu esse Boston x São Paulo é torcedor de verdade mesmo
Every one of you heard of Drift hack, but only selected few were able to profit from it The exploit directly affected the protocol token $DRIFT, dropping the price by 40% And here is the thing, liquidity closely follows the price, usually concentrating around the centerline. So when a sudden change happens, liquidity cannot adapt quickly There LPs step up. Because the liquidity in the new range is thin, you can create a position to capture a big share of volatility This way you can even print on super slow tokens, you only need spot the surge quickly. I was personally testing out the fees and got this PNL with SOL side only To be clear, this is not gravedancing or mocking the Drift exploit. LPs follow the volatility, but such events are bad for the whole ecosystem. Stay safu bros
