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SVVVG3
@svvvg3.eth
Starting to experiment with concentrated volatile LP positions - this APR is too juicy 😮💨 Narrow, common, wide, or custom?
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Sam.G 🎩🍖
@samgslastlife
Been experimenting with these recently. If it’s a pair that moves a lot, the narrower the range, the more you’ll have to manage and adjust it to keep in range, unless you use an ALM to automate.
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SVVVG3
@svvvg3.eth
I assume ALMs come with a fee? What happens if the pair moves out of range? You just stop earning yield?
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Sam.G 🎩🍖
@samgslastlife
Yeah typically a 3rd party service, haven’t researched much yet If it goes out of range you stop earning and have to withdraw either all or part and respread it in the range. If it goes down you withdraw all the volatile coin, if it goes up you get more of the swap pair coin (wETH, USDC etc.) Still learning myself!
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SVVVG3
@svvvg3.eth
I often are you pulling out/readjusting your position? Weekly?Daily? Multiple times a day?
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Sam.G 🎩🍖
@samgslastlife
Depends on the day and the pair but it seems like every few days or once a week, but maybe multiple times a day or week when there's a lot of movement, or the pair moves apart. Still learning but thinking about looking into the ALM to not have to manage it as actively.
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SVVVG3
@svvvg3.eth
This is helpful, thank you ✊
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