Have recently been experimenting with LPing on V3 with the aim to get some yield on my ARB bag, have been playing in 0.3, 0.05 ETH/ARB pools
uniswap.fish has been helpful in identifying pools with good fees
Strategies 1 + 2 are great alternatives to limits on CEX's, do you use a third party to automate pulling you liquidity off Uni?
Strategy 3 - agree with you that concentrated liquidity make this a lot more like trading. We know most traders end up rekt. And looking at the numbers, most V3 LP's are getting rekt by IL and are better off hodl
So weird man, I was just thinking about doing this today. In the past I’d use a cex and just set a ton of limit orders but the past 2 years I’ve been living 100% on chain. Today I started brainstorming ways to best DCA with low to zero fees. So far I’ve come up with using a TWAMM and using UNIV3. I’ve never really LPED with V3 though. You can provid single sided liquidity into univ3? If I wanted to buy ETH, it will let you enter with just ETH?
i actually have a few strategies i m going to share on "dca" or basically things i would do in the market.
i'd say u should look into trying playing around with v3 on arbitrum just with little money first. n yes u can enter single side.
if u want to DCA into ETH, u want to provide USDC single side
in theory its simple, but u will be surprise the result or how quickly it suddenly goes in n out of range because how high crypto volatility is.
i was doing a lot of 1000-1300 when eth was around 1200 for a while thinking the range i quite wide already a few months back, but next thing u know the price pumped.
just play around it first. dm me on twitter or debank if u need any help or questions i normally reply every day or two!
Awesome man, I appreciate it. It’s tough being a solo in the space. Makes learning things way slower, ya know? Crazy how prices pump/dump in crypto, you would think your 300 dollar range would be solid for a bit lol. I guess with univ3 your betting/hoping for muted volatility. A sideways market stuck in a range is optimal. I guess I never thought i had enough money for a uni-lp to be worth it, so never messed with it at all. But it could be nice for averaging in/out.
On second thought revert is pretty damn good. I’m gonna set a couple positions up today and experiment with them. Thanks bro, I’m looking forward to reading about other strategies in future essays.
Great content, and love the memes Lambroz 🤙
Have recently been experimenting with LPing on V3 with the aim to get some yield on my ARB bag, have been playing in 0.3, 0.05 ETH/ARB pools
uniswap.fish has been helpful in identifying pools with good fees
Strategies 1 + 2 are great alternatives to limits on CEX's, do you use a third party to automate pulling you liquidity off Uni?
Strategy 3 - agree with you that concentrated liquidity make this a lot more like trading. We know most traders end up rekt. And looking at the numbers, most V3 LP's are getting rekt by IL and are better off hodl
Thank you for complimenting, it means a lot to me.
u are actually sharing some info about my next few future post lol.
i realise i never press sent on the comment that i was gonna comment until now lol
So weird man, I was just thinking about doing this today. In the past I’d use a cex and just set a ton of limit orders but the past 2 years I’ve been living 100% on chain. Today I started brainstorming ways to best DCA with low to zero fees. So far I’ve come up with using a TWAMM and using UNIV3. I’ve never really LPED with V3 though. You can provid single sided liquidity into univ3? If I wanted to buy ETH, it will let you enter with just ETH?
haha.
i actually have a few strategies i m going to share on "dca" or basically things i would do in the market.
i'd say u should look into trying playing around with v3 on arbitrum just with little money first. n yes u can enter single side.
if u want to DCA into ETH, u want to provide USDC single side
in theory its simple, but u will be surprise the result or how quickly it suddenly goes in n out of range because how high crypto volatility is.
i was doing a lot of 1000-1300 when eth was around 1200 for a while thinking the range i quite wide already a few months back, but next thing u know the price pumped.
just play around it first. dm me on twitter or debank if u need any help or questions i normally reply every day or two!
Awesome man, I appreciate it. It’s tough being a solo in the space. Makes learning things way slower, ya know? Crazy how prices pump/dump in crypto, you would think your 300 dollar range would be solid for a bit lol. I guess with univ3 your betting/hoping for muted volatility. A sideways market stuck in a range is optimal. I guess I never thought i had enough money for a uni-lp to be worth it, so never messed with it at all. But it could be nice for averaging in/out.
Appreciate you man, talking with/helping people makes the space so great. Still amazes me.
u will like what im posting soon.
but dm me anytime if u have any questions
Forgot to ask, I have toyed around with revert in the past but do you know of any other cool univ3 tools?
what type of tools are u looking for?
On second thought revert is pretty damn good. I’m gonna set a couple positions up today and experiment with them. Thanks bro, I’m looking forward to reading about other strategies in future essays.