[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 422 KB, 768x768, 1651419938843.jpg [View same] [iqdb] [saucenao] [google]
52460079 No.52460079 [Reply] [Original]

I've been on crpyto since 2012 and still don't know how to create a LP with more than 2 coins

>> No.52460097

Crypto is trash. I'm glad that bubble burst.

>> No.52460125

>>52460079
How would it use more than two? Like a tripod?

>> No.52460259

>>52460125

the geometric mean of the three tokens is taken as the LP value and each has to be 10% of the liquidity IIRC. Supposedly makes things more stable.

>> No.52460281

What's an LP

>> No.52460327

>>52460281

Liquidity Pool token. Basically you provide ERC tokens to a DEX like Uniswap, either a pair or three at a time for them to be used as trading liquidity by users and you get an LP token in return which you can then cash back in to retrieve your liquidity back - although the ratios in which you get the two/three back fluctuate. You earn money in fees from the users who use your liquidity to trade that's why UNI's fee is 0.3%.

>> No.52460334

>>52460079
>create a LP with more than 2 coins
you mean like depositing into 3pool on curve?

>> No.52461026

>>52460079
Well luckily for you providing liquidity is gay

>> No.52462458

>>52461026
Only if you hate money. Obviously only provide liq to stables otherwise you're being a degen.

>> No.52463307

>>52460097
btc is still recovering, and it's not even the fault of the shit itself.

>> No.52463318

>>52460327
What a nice Anon, I hope you are doing well in life

>> No.52463328

>>52460097
it broke when any idiot with memecoins like vinu or shiba started to make a lot of money out of it, it's just absurd

>> No.52463330

>>52460097
Just like in every other bear market, huh? Fucking retard

>> No.52463335

>>52462458
how much do you earn on stables?

>> No.52463337
File: 55 KB, 182x238, 1665497984665.png [View same] [iqdb] [saucenao] [google]
52463337

>>52460079
>I've been on crpyto since 2012
How the fuck are you still interested in this?

>> No.52463374
File: 37 KB, 800x450, F4TF28K.jpg [View same] [iqdb] [saucenao] [google]
52463374

>>52460097
>unlucky whiny wagie
I'll have two number 9s, a number 9 large, a number 6 with extra dip, a number 7, two number 45s, one with cheese, and a large soda.

>> No.52463388

>>52460079
use curve.fi or something

>> No.52464149
File: 2 KB, 125x92, 1668178479181397s.jpg [View same] [iqdb] [saucenao] [google]
52464149

>>52460327
>Basically you provide ERC tokens to a DEX like Uniswap,
thanks fren, i was doing this with rfox-eth early this year, the only one i'm in now is the Sylo-Eth pair on uniswap, and the yield looks good.

>> No.52464271

>>52464149

be careful not to burn yourself on "impermanent loss". look it up.