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420. [π΅, π©] π
@420
Is there a way to add liquidity to Depe? Would be happy to LP
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chrisroc
@chrisroc.eth
not really, itβs a bonding curve, so you do not have a classic LP; you can just mint more rn to provide additional $DEGEN to the $DEPE protocol
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420. [π΅, π©] π
@420
thx, can you explain bonding curve like im a slow 5y.o? based on this it seems like there's fixed price compared to Degen, but that doesnt feel correct.
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chrisroc
@chrisroc.eth
You mint from a protocol pool. The mint price increases as outlined above. You can sell to the same pool at a fixed price. Depending on where the current price is, you can sell for more as you bought. friend dot tech also used that. It has advantages in that you donβt have to bootstrap liquidity.
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