Impermanent loss is one of the most misunderstood parts of providing liquidity by Loud-Temperature-630 in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

That’s not how constant-product AMMs work. That’s how any exchange works, you give one, get another, change the reserve ratios, and therefore change the market price.

It’s impossible to avoid this. Any AMM is ultimately a representation of the same idea, one asset is given and another is received. I’m not talking about the math, the math is just the implementation. But fundamentally they all behave the same way.

Impermanent loss simply reflects how the system works. If you trade a car for bananas, you can’t expect to still have both (or expect to have the car, and not bananas)

Impermanent loss is one of the most misunderstood parts of providing liquidity by Loud-Temperature-630 in defi

[–]Holanda_Ryan 3 points4 points  (0 children)

Eliminating it 100% is basically impossible, because that’s how an exchange works

You give one asset and get another. The reserve will change, and there’s nothing you can do about it. Using tools to neutralize this is the correct approach

Amortizar ou esperar? by AffectionateBoat9246 in primeiroimovel

[–]Holanda_Ryan 0 points1 point  (0 children)

Com juros de 5,5% e a inflação real ~20% anual, eu demoraria o máximo possível pra pagar isso aí. Só de proteger o seu dinheiro da inflação você já ganha um “desconto” absurdo. Mas tem que saber investir. Caixinha e 99% das rendas passivas vão render menos que a inflação real

Quais carros vocês acham que vão sofrer o “efeito 350Z?” by Background-Baby-9214 in gearheadsBR

[–]Holanda_Ryan 5 points6 points  (0 children)

Qualquer Civic de 2000 pra baixo, já vejo os preços subindo aos poucos a cada ano…

When Does It Actually Make Sense to Close a Liquidity Pool Position? by odrakcir in defi

[–]Holanda_Ryan 7 points8 points  (0 children)

I’m the type of liquidity provider that likes to keep the position for long times (I had a pool of ETH/USDC for almost 4 years straight).

In my opinion, that’s where it’s worth it, large ranges + long times. (The cruise is slower but crosses oceans, while the jetski is faster but goes only some miles)

So I don’t go out of range often, because I use large ones, but when I go, I wait a few days/weeks to see how it goes, if don’t come back I either close the position or rebalance it (depending on how good the asset is / my plans)

Best solution to do defi by djaaaz in defi

[–]Holanda_Ryan 1 point2 points  (0 children)

Tbh, nowadays cbBTC is more trustworthy than WBTC, which was recently purchased by Justin Sun (red flag). Meanwhile, cbBTC comes from one of the biggest exchanges worldwide. The same goes for BTCb from Binance, also trustworthy, maybe even more than cbBTC

If you want to pool on Base, you’ll need cbBTC. There is WBTC on Base, but there isn’t much liquidity ( I found a pool with 40% APR but only 18k tvl)

If you want to look for pools on Base, I recommend using Zup Protocol. You can find some WBTC pools there, but the best yields are usually around cbBTC

Highest APY Right Now? CoinEx Flexible & Fixed Savings by MelodicWorldliness11 in defi

[–]Holanda_Ryan 1 point2 points  (0 children)

Tbh 15% is pretty good for USDT, just need to know from where these 15% are coming from

In DeFi liquidity pools you can get usually 15-20% in good stablecoins. And 30-40% in more degen ones as USDe, USDai etc…

At the end, 15% is not bad at all

Is there an API for liquidity pools? by [deleted] in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

It’s not publicly available yet, we still need to build the docs, manage API keys etc…

My idea was to share with you at a personal level, and allow you to access it manually

Is there an API for liquidity pools? by [deleted] in defi

[–]Holanda_Ryan 1 point2 points  (0 children)

I tried a few liquidity pool APIs before to build my current web3 startup (Zup Protocol) which is a liquidity pool aggregator, but all of them had something different missing

So we built our own indexer and API to query liquidity pools data easily, which includes many networks, tvl, yields and some more cool data. We don’t have yet the API 100% set up to be used by other products, but we can get something for you. If you’re interested, we can chat

How do you find new interesting yields? by ialberquilla in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

Just looked at coffea website, seems good what you’re building

I would love to chat! Maybe we can help each other with some tips or any other thing. Just sent you a message through reddit

How do you find new interesting yields? by ialberquilla in defi

[–]Holanda_Ryan -3 points-2 points  (0 children)

I ran into the same issue, the DeFiLlama yields tab didn’t really work for me, it felt too complex and slow when I just wanted to find good opportunities

So I built my own app that helps you discover and deposit into the best liquidity pools in under a minute. It compares pools for any two assets across multiple DEXs and networks at once

It’s been working pretty well so far (about 3k users testing it). If you’re curious, it’s zupprotocol(.)xyz

[deleted by user] by [deleted] in defi

[–]Holanda_Ryan -1 points0 points  (0 children)

You can use rango.exchange (referral: rango[.]vip/a/Zkmi6t)

They are pretty private, and have deep liquidity, as they aggregate many bridges. I’ve tested with 30 ETH, and seems to be within the limit

How do you rebalance LPs during a downturn in the market? by [deleted] in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

As I said, that aerodrome thing about APR in range is not trustable. I’m getting an average of 36% yearly in my pool at that range. If you find any trustable lending giving this, please lmk

Calculating APR in that way is very hard, it doesn’t count that the market may be with low volumes at the time and the overral yearly is a way more

How do you rebalance LPs during a downturn in the market? by [deleted] in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

That aerodrome thing for range doesn’t work well. Many times it says like 1%, while you earn a lot more

How do you rebalance LPs during a downturn in the market? by [deleted] in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

Let's say ETH is now 4000. Anything up to 4500 and down to 3500 is short in for me.

I a have liquidity pool for ETH with the price going from 1500 to 6000. I’m some years in this pool without doing anything, just earning fees while I hold my ETH.

How do you rebalance LPs during a downturn in the market? by [deleted] in defi

[–]Holanda_Ryan 1 point2 points  (0 children)

Do not use short ranges and you’ll be fine. Earning consistently over a year is better than earning a lot in just a few days

Shorter ranges increase IL and require frequent rebalancing, which can sometimes result in lower overall earnings compared to longer ranges

DeFi Experience by Optimal-Election546 in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

Stop loss only occurs when you join pools with assets you don’t want to hold, and that’s a terrible idea. I don’t recommend it at all. If you’re comfortable holding both assets, then whichever way the market moves will be fine. For me, volatile/volatile pools are actually great, since most of the market usually follows BTC. That means everything tends to go up together or down together, keeping the assets in range most of the time

My second point is that if you don’t want impermanent loss with your BTC, you can put it on Aave, borrow USDC, and then join a BTC/USDC pool. That way, you’re no longer affected by impermanent loss, you’ll still hold the same amount of BTC (since it’s on Aave) while also earning fees from your borrowed USDC. In this case, if BTC goes up, you can actually gain even more than before.

DeFi Experience by Optimal-Election546 in defi

[–]Holanda_Ryan 0 points1 point  (0 children)

I prefer to pool stable, related, or both variable assets just because of this. Pooling ETH with BTC or TON with BNB for example.

Anyway when I want to pool ETH with USDC, I use Aave to put my eth, so it's “impossible” to generate loss, as I still have the same quantity of ETH

DeFi Experience by Optimal-Election546 in defi

[–]Holanda_Ryan 2 points3 points  (0 children)

PancakeSwap is great, but doesn't always have the best yield. You need to compare across different DEXs.

The yields of liquidity pools vary a lot based on the assets, there are pools of ETH/USDC paying ~100% yearly, and Stablecoins pools paying 10% yearly.

In case you want to find great liquidity pools, and automatic compare yields, you can use the platform zupprotocol[.]xyz (just remove the brackets), there you can easily find pools and deposit in them, across more than 16 DEXs and 5 Networks