Pinned Tweet
With the $JUP drop upon us, I have seen a lot of mentions about @MeteoraAG DLMM pool (for good reason). The large volume and volatility will provide the perfect atmosphere for fee collection, but you need to have a strategy in mind if you want to use it to its full capacity.
Below are some single sided strategies you can employ to manage your JUP holdings and collect fees at the same time. You MUST remove your liquidity from the pool if/when your goal is achieved in order to avoid converting back into the less desired asset.
JUP to $10
- HODLing with Diamond hands
- Don’t touch DLMM
Believe JUP pumps hard
- Weighted DCA out of JUP
- Supply JUP in Bid-Ask Strategy; allows for significant price appreciation before exit
Believe JUP price increases but may bounce around
- Linear DCA sell out of JUP
- Supply JUP in Spot strategy; uniformly distributes liquidity across your range and exits linearly on the way to your target
OR
Believe JUP dips after claim but not sure how much
- Linear DCA Buy into JUP
-Supply USDC or SOL in Spot strategy; will uniformly buy the dip for your specified price range
Believe JUP price dumps hard from airdrop sellooors
- Weighted DCA buy into JUP
- Supply USDC or SOL in Bid-Ask strategy; capitalizes on large dips to give lower cost basis entry
There are more exotic ways to use Meteora but these should cover most of the scenarios needed for executing your plan and earning fees in the process. Regardless of the strategy you choose, it should be a fun week for the Solana ecosystem.
Very underrated advice
can't stress this point enough
the single biggest differentiator between those who make it and those who don't is that moment in time when you change from wealth generation (greed) to wealth conservation
if you never change your risk tolerance then you will go to zero at some stage, and if you accept that you will have to change your risk tolerance at some point, then you should map out what that looks like for you
whether it be cashing out xyz or changing to btc / stocks
get a clear vision of what that looks like so you can execute
1
168
My goat does it again
Done with the side quest. S/O to the goats @legendtrade, social trading is very entertaining
Jumping straight into 10k -> 100k(already up to $20k), you can follow along live on the Legend app, link below
Screenshot: challenge PNL curve since returning from vacation.
4
337
Having to read the latest $Shroom updates from @0xcarnation in a different room than my wife makes this coin so priceless
Will second this as a fellow unc - yes fiat currencies will continue to inflate away your purchasing power over time but nothing erases purchasing power faster than holding onto 6-7 fig positions of shit like Troll and PayAI
You’re unable to view this Post because this account owner limits who can view their Posts. Learn more
1
3
347
It’s a very weird dynamic
In tradfi, brokerage competition brought tx fees virtually to 0
In crypto, we have new launchpad/trading terminal competitors emerge every week yet it is the end user who ends up paying more
If this is true, just like I said about the fee structure of heaven dex being unsustainable long term. Pump fun too will be unsustainable.
Currently after graduation the LP fee is 0.3% which is low enough for people to trade the tokens. You raise the fees to these ridiculous numbers and the volume on everything will drop. Token lifespan drops even further.
Final stretch = Let’s max extract with this one boys
1
308
SOL mid/large caps have been a great playground lately, but it’s hard to ignore the impact Zora/Coinbase are having on Base. This article by @dpycm does a great job with laying out the thesis for a potential PvE type environment and why it makes sense to place some bets
medium.com/@dpycm/base-camp-…
4
262
It is honestly so refreshing seeing people rep a meme pfp again in this bundle rape era of the trenches. The @TokabuTheSpirit community definitely the closest thing to a cult I have seen in over a year and this deserves to go so much higher.
$TOKABU
You’re unable to view this Post because this account owner limits who can view their Posts. Learn more
Fundamentally, I believe it needs to be a lot more expensive to launch a token and that launchpad revenue should be more directly tied to a coin's success/longevity.
Quality > Quantity
2
175
$hustle is also a very interesting coin. Anything that encourages less coins to be launched and teams to stick with their current token is a step in the right direction.
While I don't think it should matter which launchpad a coin launched on, if migrating allows a team enable fee collection and change the narrative a bit then it is an easy decision
4
217
This is the most refreshing onchain environment we have had in awhile. It is pretty easy to spot the midcap runners and can actually sleep on a position and not wake up -50%.
I think it continues to trend this way as new launchpad fatigue sets in and coins like $tokabu and $troll run higher than expected
3
6
541
I have seen 10+ sol trenchers in the last hour say they have bought the Fartcoin of HyperEvm and price has been down only since.
Makes you wonder 🤔
1
2
903
Probably the best, most honest trencher in the game. Just pure trading and a good eye for narrative health
You’re unable to view this Post because this account owner limits who can view their Posts. Learn more
1
293
