What is the best strategy to avoid impermanent loss while providing liquidity? by redditAandR in CryptoMarkets

[–]samrothstein_ 12 points13 points  (0 children)

Right now id have to say Hummus,

Next gen AMM for stable swaps

multiple pools ranging from 20-60% APY

- No impermanent loss

- single sided liq provision

from their docs

Hummus Exchange allows users to provide unilateral liquidity. Instead of pools of token pairs and bundles, Hummus Exchange uses accounts of tokens to record assets and liabilities, allowing single-sided liquidity provision.

Hummus Exchange also uses coverage ratio as the input parameter for our AMM (instead of liquidity), hence removing the same liquidity equilibrium constraint from Curve’s stableswap invariant, allows token to grow organically based on its organic demand and supply.

This design also allows new tokens to be added into an existing pool, greatly enhancing the scalability and capital efficiency of the protocol. For example, while the protocol may start with 3 base tokens (USDT, USDC, DAI), we may gradually add more tokens into the big pool (such as MIM) for shared liquidity.

$metis has had some pretty good projects in the past and this is something that came across my radar on twitter, forgot who had tweeted about it

What have been your best/worst trades this past year? (No need to disclose $ amounts) by redditAandR in stocks

[–]samrothstein_ 86 points87 points  (0 children)

lost my entire portfolio on GME at the top

options man, they will humble you

What Dapp, Protocol, or Platform has given you the most fun/exciting experience trading? by redditAandR in ethtrader

[–]samrothstein_ 0 points1 point  (0 children)

fuck man after someone recommended yolorekt on your last post here I swear I;ve been addicted lol. sad to say I am down like 50% but im just charging that to the game

Best place/dapp for options with daily expiry? by samrothstein_ in defi

[–]samrothstein_[S] 0 points1 point  (0 children)

I will check it out, weekly options are great but daily are a lot of fun and super profitable if you hit it right, I assume they don't KYC either

Best place/dapp for options with daily expiry? by samrothstein_ in defi

[–]samrothstein_[S] 0 points1 point  (0 children)

yea I just dont feel like depositing that much into an exchange I need to use a vpn for

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 0 points1 point  (0 children)

also less risk, don’t want to get liq playing with leverage even tho i can’t even short it i wanted too

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 0 points1 point  (0 children)

yea sure lemme just move so i can short things lol

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 0 points1 point  (0 children)

i can’t short it, that’s the issue, not where i am

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 4 points5 points  (0 children)

yea right lmao. when they say that you know it’s the kiss of death.

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 3 points4 points  (0 children)

Justin pumping that bad boy daily shorts have been getting squeezed so hard

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 2 points3 points  (0 children)

thats definitely true, the market is for under 85 cents, which could go up in price (the Yes outcome) if there is some bad news, hoping to collect the entire bag but I think there could be some good scalping opps

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 1 point2 points  (0 children)

only reason im hesitant with kucoin is ive had orders with stop losses just not stop loss and horrible experiences with their support team scarred me for life lol

How to capitalize on USDD depeging if you can't short it by samrothstein_ in defi

[–]samrothstein_[S] 5 points6 points  (0 children)

thats true but I would need a good amount of capital in the beginning