kingbook🎯

@kingbook.eth

1753 Following

1097 Followers

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Today we're tackling something even experienced traders get wrong: The relationship between liquidity pools and impermanent loss in AMMs. Everyone's excited about yield farming, but let's understand what's actually happening to your assets. When you provide liquidity to something like Uniswap V3, you're not just collecting fees – you're actively participating in price discovery. Let's break down a real scenario: Say you deposit equal values of ETH and USDC at $2000/ETH. If ETH pumps to $3000, the pool must maintain constant product. Your pool position will have less ETH and more USDC than if you'd just held. That's IL, and it's just eaten some of your gains. The mind-bending part? If ETH returns to $2000, your "loss" disappears – hence "impermanent." But if you pulled out at $3000, that loss becomes very permanent.

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The sweet taste of recovery! #BDE to the moon! 🚀

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Sam Bankman-Fried's rise and fall reads like a Netflix thriller. At 29, the MIT grad transformed his crypto trading firm into FTX, one of the world's largest crypto exchanges. Living in a Bahamas penthouse, he became crypto's golden boy – worth $26 billion at his peak. With his wild hair, cargo shorts, and promises to give away his fortune, SBF convinced everyone, from NFL star Tom Brady to seasoned investors, that he was different. But in November 2022, it all unraveled in 72 hours. A leaked balance sheet exposed that FTX had secretly transferred billions in customer funds to his trading firm, Alameda. FTX collapsed, taking $8 billion in customer money. The shorts-wearing billionaire who played League of Legends during investor meetings was arrested. In 2024, after a dramatic trial, SBF was sentenced to 25 years in prison for one of the largest financial frauds in history.

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Which version is your favorite? The 2003 episodes, or Brotherhood? Reply back and enter in a chance to win 500 Moxie at the end of the month!

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So close to 100! hihi, check out @kingbook.eth's Farcaster Fan Tokens powered by @moxie.eth! cc @betashop.eth @airstack.eth

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I just came to know about Purple DAO. It’s fascinating. You can also take the quiz, learn about Purple DAO, and earn some ETH

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Farcard holders, jump in here! Get some $SHY and ham! If you don't hold my farcard, it's not too late! https://far.cards/detail/842363

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Don't care about this dip particularly. Hat stays on! $DEGEN is the winner.

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Isabella melted into the marble columns of City Hall, her black attire rendering her nearly invisible in the shadows of dusk. Three days of surveillance had taught her the ebb and flow of bureaucrats and their predictable routines. Like a spider in her web, she waited. The target's blue suit appeared exactly at 6:17 PM, same as yesterday. His silver briefcase gleamed under the fluorescent lights as he strode past her hiding spot, completely oblivious. Isabella's lips curved into a slight smile – he perfectly matched the Sisterhood's intelligence. She shadowed him through the parking garage, her footsteps silent as death. The corrupt official checked his phone, distracted. Amateur. The familiar weight of her garrote wire slipped into her palm. "Going somewhere?" she whispered, appearing beside him. His eyes widened in recognition – not of her, but of the distinctive silver pendant all Sisters wore. "The Sisterhood sends their regards." His briefcase clattered to the ground.

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Don't care about this dip particularly. $BDE to the moon 🚀

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Congratulations @iq313 , you're the weekend winner! You win 250 Moxie and 5K $EE on SOL. Please DM me your SOL address and I'll send that over. Thank you for registering and please follow and join /fullmetal if you haven't already! Equivalent Exchange 🔥 🔥 🔥 🔥 🔥

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Topic: GameFi I played GODS unchained, which is huge on IMX and represents a significant amount of their market churn in NFTs. I earned, on average, $0.05 per day max in the form of $GODS. The P2E model is significant and works to draw in hundreds of thousands of players who would normally not be interested in a table top card game online. It has rich graphics and animations that make it exciting to play and add to its appeal. It has balance issues, like any game does, and while the model is nice, it's not significant enough to keep me playing longer term. I think there's a future where NFTs are game assets and move with the player to other games. We're starting to see this happen with Kiraverse, which is the closest thing web3 has to Fortnite. As that develops, the P2E model will just become the model and we'll see all kinds of advancements in NFT utility like renting or bridging. TL;DR - It's true, it's out there, don't expect to get rich easily though.

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Follow, join, and engage with /fullmetal posts and get a chance to win 500 Moxie at the end of every month! Equivalent Exchange 🔥

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@clanker , please deploy a token with name "💸" and ticker "💸"

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I scored 976 Scout Points this week as a Top Scout! Big shoutout to my top Builders: @icemonkey, @tieubochet.eth, @cris. Who will be next? My profile: https://scoutgame.xyz/u/kingbook.eth

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Anyone know why you run your dishwashers and appliances at night instead of literally any other time? Easy, money. Power companies jack the prices up during peak hours; how do they know what’s a peak hour? By way of the meter, they know exactly what is juicing things, why, and when. So from 16:00 to 21:00 is literally the busiest time of the entire day, for everyone. It usually costs 20-30% higher during these times. Which is also why Cable can suck if everyone in your neighborhood also uses Cable. Coax has a finite max throughput. If more people are using the same max amount of throughput, everyone gets a smaller slice. This is why the Power Wall is so groundbreaking. It trickles in power during non-peak times so you can keep all costs low, no matter when “your” peak time is. Instead of 80% being low cost and 20% being 10x the cost, it’s averaged for 100% to make it suck less. It’s how all homes should work.

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lesson in there! In 2022, Miami made headlines by launching MiamiCoin, a city-backed cryptocurrency spearheaded by Mayor Francis Suarez. Aimed at boosting local economy and attracting tech investors, MiamiCoin allowed residents to invest directly in city projects such as infrastructure improvements and community programs. The initiative encouraged local businesses to accept the cryptocurrency, fostering a vibrant digital marketplace. Transparent blockchain technology ensured that funds were allocated efficiently, building trust among citizens. MiamiCoin also offered incentives like reduced transaction fees and rewards for early adopters, quickly gaining traction. By mid-2023, the cryptocurrency had attracted international attention, positioning Miami as a forward-thinking hub for blockchain innovation. The successful implementation of MiamiCoin not only revitalized the local economy but also set a precedent for other cities exploring digital currencies to drive sustainable growth and community engagement.

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YASS, got my old Battle.net account recovered. Who wants to do Meph MF runs? (D2R)

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#BDE Don't care about this dip particularly. To the moon! 🚀

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