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Pat Yiu
@patyiutazza
Slippage on tokens makes me not want to buy them most of the time. Personal note: Went to swap $1000 to $NOUNS and hit a 14% slippage Swapping to $100 brought it to 3% Swapping to $80 brought it to 2% I spent $80 instead of $1000 on the token because of the slippage. I think we should look at adding a bit of liquidity too before we see the next rush of $nouns users cc @noun40 @sams
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Toady Hawk
@toadyhawk.eth
I just went through this myself except ended up buying 0 because the slippage was so bad. I'm personally supplying 250k of liquidity but we obviously need much deeper liq for it to be useful for people to DCA or even for project to buy the token to give out for incentives etc
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Toady Hawk
@toadyhawk.eth
If we fix the liquidity problem, TNS and Yellow would definitely buy a chunnk of $nouns to use for comp and contests
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Noun 40
@noun40
what do i need to do to supply liquidity @toadyhawk.eth? if you can give me a quick step by step 🙏 https://warpcast.com/noun40/0x446c670b
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Toady Hawk
@toadyhawk.eth
This is a pretty good step by step for adding liquidity on uniswap v3: https://support.uniswap.org/hc/en-us/articles/7423194619661-How-to-add-liquidity-to-Uniswap-v3
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Noun 40
@noun40
ty. do you know the contract address?
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Toady Hawk
@toadyhawk.eth
Don't have base CA handy but it comes up in the search on uniswap. I actually realized my previous LP position was out of range, lost all my ETH and had to withdraw the $nouns that was left haha. I just set up a new position for 500K $nouns, hopefully will stay in range this time (truthfully I don't understand this part of it super well.) I screen recorded how easy it is to set up an LP:
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