Degen

Just saw this pic and mind blow ! 17M reward?!
Wonder for huw much he got 17M 🫠

It pays to provide $DEGEN liquidity, just make sure you understand impermanent loss. No free lunches in DeFi, degen!

Liquidity is a huge asset in maintaining the ecosystem, especially in such markets.

I need to look more into Investing in LPs. 

Tbh, I don't know too much about lp V1, 2, 3, and now V4 of LP, I think. 

Tried the V2 once and have no clue how people could lose money in it. Could people get liquidated? Or its just the change of the assets.

Investor, Trader, & Market analyst. 📊 Web3 explorer👾🟪 Degentleman🎩

Ah, great. So briefly, I could end up holding much more $DEGEN than USDC, for example. And in top of the rewards on the pool i got airdropped more  $degen each season?  

**Oh just remembered i dont even hold usdc cz it sounds bearish**😂

Yeah, it’s mostly about impermanent loss. Uniswap v4 adds hooks, making pools more customizable—you can even whitelist who can provide liquidity. V3 introduced concentrated liquidity, but there’s no liquidation; you just end up holding more of one asset as prices shift.