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Content
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https://warpcast.com/~/channel/airstack
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
If you are into providing liquidity on decentralized exchanges: Merkl has some fantastic rewards right now for MOXIE / USDC as of writing this 89 people are contributing $173k into the pool Rewards for LPs are 795.5k MOXIE per day, paid out every 8 hours https://merkl.angle.money/base/pool/1/0x493AD7E1c509dE7c89e1963fe9005EaD49FdD19c?campaignId=0xa28d3344511564c9a308a2ed95937ae268da63d7ea087c35c3c2ea2687fd046a @maretus also has some great guides on how to be an LP
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Maretus pfp
Maretus
@maretus
I can personally attest to the insane rewards being paid out right now. My $3500 deposit has made like $500 in the last week. All of which went right into more fan tokens lol.
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Sinaver pfp
Sinaver
@sinaver.eth
not much into LP, but since moxie dropped in price by 20% in a week, and you earned 500$ by putting 3500$, is your deposit still worth 3500$?)
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
when you LP you have to add both sides of the trade, not just the one
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Sinaver pfp
Sinaver
@sinaver.eth
yes, I understand, my assumption 3500$ deposit is value of the pair! I deposited into LP few times only, and I remember there's a setting to prevent permanent loss by specifying the boundaries of the ratio or price, but then you won't get the same % I assume
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