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↑langchain 🎩
@langchain
Thickening liquidity on a token that goes down probably isn't precisely what you want to incentivize. At this stage, you should probably just incentivize only bullish LP positions (even ones that are out of range in a counter asset) and disincentivize anything lower than the spot price. Basically punish sellers with even thinner liquidity. Help folks - I want you to succeed.
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Punia
@puniaviision
Don't you want capital to absorb sellers and thinner liquidity for buyers to spike up the price?
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↑langchain 🎩
@langchain
No - capital to absorb sellers is just promoting exit liquidity. You ideally want to cushion and buffer a mania (massive price upward) and ideally literally punish with slippage people who want to exit quickly.
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