Poolfish

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!

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learn.poolfish.xyz

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

Building /stokefire a mobile strategy game onchain. Run and own poolfish.xyz a calculator for LP providers. Built Potion solo and sold for $300k.

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.

Open-source web3 dev. Prev CTO Bankless & Founder Earnifi
 🚁  Punk #5305

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

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 ? 🙏

It does not. But maybe a good idea to add something around it. 

I’m not a tax advisor. But crypto tax tools like awaken.tax handle this pretty well!

Bootstrapped founder of TinyPilot. ex-Google, ex-Microsoft. Lover of unit tests and code reviews.

Does this address US tax filing requirements? Genuinely interested in the material but am afraid of a massive headache at tax time

Is there a way to pay in crypto/fiat if I don't use one of these four wallets?

Should be able to with wallet connect. And a lot of wallets override the metamask option. What wallet do you have?

Nice work. Great way to educate people. 420 $degen

Wow, congrats! I have bought one, but still show "buy modal", will DC you.

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