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Ahmad🎩 pfp
Ahmad🎩
@kata
@jacek I did not find any accurate documentation for LP mining points calculation so I had to dig in by myself. How much is the least needed to provide liquidity in 0.3% tier in Uniswap to earn 1 point? Is it really in favor of whales? Addresses are found in degen.tips website, related data in debank and Dune.. (1/7)
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Ahmad🎩 pfp
Ahmad🎩
@kata
provided by @we at address of https://dune.com/welp/liquidity-mining-points-daily Price of coins at the writing this assay is DEGEN ~ 0.03$ and ETH ~ 3,454$ and it is considered for all users despite of real-time price change! Let’s dig in and see what we can understand from leaderboard! (2/7)
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Ahmad🎩 pfp
Ahmad🎩
@kata
First, I have to calculate how much does users in leaderboard made liquidity. I start with top rank of leaderboard with wallet address “0x3a8a1f045cd4f7246c6b3a78861269cc6065433a” It has provided about 119,075,119 DEGEN + 588 ETH liquidity which is in total 5,603,205$ (3/7)
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