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Noah Bragg 🔥
@nbragg
Today I'm launching "Learn Liquidity Providing". Learn how to make income "somewhat passively" :) providing liquidity in crypto. Over 4 hours of content and 42 videos! I have a 25% promo code live next 3 days, specifically for Farcaster, just on the "complete" plan with Fiat! Use FARLAUNCH25 learn.poolfish.xyz
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daws.eth
@daws
I heard that being an LP in DeFi is a losing battle. I think it was @sassal.eth or perhaps Bankless that mentioned there's too much IL. Can you provide any metrics about potential profitability @nbragg ? 🙏
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Noah Bragg 🔥
@nbragg
Most of the research that has been done has been on the ETH/Usdc pool. This is a difficult pool to LP and I wouldn't recommend it because there are very sophisticated players and most likely retail LPs are going to lose. LPing is a kind of trading so there is still some speculation being made. Which means most likely 50% of LPs lose and 50% win. I haven't found overall profitability data of the space (I'll keep looking) but here are some LP positions that have won with a liquidity amount $5k to $10k (so probably retail). You can see their PnL there. https://revert.finance/#/top-positions?underlying-value-to=10000&underlying-value-from=5000&page=1
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