Garrett pfp
Garrett
@garrett
What do we think, chat? Curious to hear what people think about this
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Juliuss pfp
Juliuss
@julius-eth-dev
more pairs, more arbitrage opportunity. It will inevitably bring volume to $ZORA. I seen someone on reddit post about purposely spreading liquidity across multiple staked ETH pairs to drive their own volume via arbitrage. Its a clever strategy.
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0xmons pfp
0xmons
@xmon.eth
Volume goes up but lps have to lose out It's not free lunch
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Juliuss pfp
Juliuss
@julius-eth-dev
Its not necessarily going to cause price action, just increased volume. Doesn't make the token worth any more. And yes, thinner LP's means more susceptible to divergence loss
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Garrett pfp
Garrett
@garrett
yeah less inefficient pools are riskier to LPs need to be more closely watched/managed when this liquidity is spread across so many pairs
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1 reaction