Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Markets & DLMMs
Recorded: April 9, 2025 Duration: 0:58:55Space Recording
Short Summary
In a recent discussion, crypto enthusiasts explored the current market trends, highlighting significant declines in prices and emotional impacts on traders. The conversation also touched on upcoming project launches, innovative market-making strategies, and the importance of strategic partnerships in navigating the volatile crypto landscape.
Full Transcription
good afternoon everybody thank you very much for joining the stream
thank you for joining to enjoy the pain in the markets and
the dumpies i am getting paid though which is nice because my deal of members are printing, especially at this level.
So you'll love to see that.
My bags, they're dying.
They're dying very slowly.
But let's go ahead and get everybody in here first and we'll start yapping after that.
Did it tweet right? Please say it did. Yes, it did.
Alright, cool. We're good're good yeah this is me right
now every day i log in i look at my shit i should have sold at 230 man i think that's my biggest
regret for this cycle not going to stables at uh 238 soul i remember when it was at 238 and like
everything in me was screaming,
yo go to stables, and I was like, but then physically I was like, no.
Here I am today, looking like this. We're surviving out here, but barely.
Times are tough out here. Gotta do extra work. I actually have to do some,
I actually have to trade and do things.
I can't just...
You can't market make anything if there's no markets to make.
I guess there's still some DLMM stuff going on,
but it's a little different than it was before.
I mean, it's pretty cool, though, at the end of the day,
because you can see the giant shift in the environment
and what's available to the market.
That'll be real adaptive out here.
We're going to wait until we have about 100 people on here, and then we'll begin.
Looks like we're at 75.
So if you guys want to like and retweet this one, this will be fantastic.
Let me see if I can get on the arena on here because they're launching streaming
tomorrow so i'll be doing a bunch of streams over there tomorrow which is really really exciting
let me turn myself up because i think i'm a little further away from the mic there we go hello hello
testing okay we're good can i enter in here this way please? Please? Please?
Can I do it?
Yeah, I think it might be my thing.
Yeah.
Anyway, the point is they're streaming tomorrow.
I'm hyped to test it out and see how it goes.
Alright, cool.
We have 100 people in here.
Let me see what the schedule was for tonight.
DLMMing live stream and we can do some live LPing.
My financial wizard, what's his name?
Juicebox.
Where is he at?
Where's that boy at?
He's here somewhere.
Hold on.
He said go ahead and do DLMM general. Dehumanize. It's a slow,? He's here somewhere, hold on. He said go ahead and do...
Deal with him, general.
Dehumanize, it's a slow but it's a winner.
It's better than zero.
That is true, good sir. That is very true.
Someone just call me.
What are you doing, little diggy dog?
Jin, stop.
Yo, she was a really...
Okay, um, I guess... You guys are gonna hear my story whether you want
to hear it or not uh she was a very good girl in the car that was like uh one of the first few
times i've actually taken her on a like a long ride she's been just training normally stuff so
i figured why not let's let's test it out and uh i took her out. And she was an extremely well-behaved girl.
She sat there very nicely.
Let me show you that photo.
Whoa, why didn't it post?
Yeah, that's some fucking bullshit.
Twitter with this never posting my stuff.
I think that's so unfair.
All right, there we go.
Now it posted while I'm on stream.
Hold on.
I'll show you guys so you can admire it.
Look at it! I'll look at her. You guys should retweet this. If you're not gonna retweet my stream link, at least retweet the dog.
She didn't do anything. She can collect clout. It's okay.
But yeah, look at her. She was sitting so majestically, so nicely. The picture came out so nicely.
You wouldn't even know that was at mcdonald's
anyway back to the markets so markets man
they are hurting they are hurting i mean i'm still kind of on the same timeline as everything
i think someone's right i think someone got mad at me the other day they were like
they like tried to call me out on twitter like i was scalping this shit or trying to collect clout
uh they said um weren't you just bidding and because i like said something about soul going
below 100 that doesn't mean i didn't leave my positions open so i i do have a dlmm open that
goes down to about 100 and then i have spot that I'm willing to buy below 100.
Did I want it to go down there? Absolutely not.
Did I start buying a little sooner before the cloud entry? Hell yeah, I did. Why wouldn't I buy?
It got a gigantic retrace.
So I'm still kind of a buyer, just like a more of a scaled-in kind of buyer, rather than what most people would think.
But yeah, I mean, I i'm buying that's the thing
like i'm buying at these levels i don't mind buying i think my levels were 115 down to 100
so i'm scaling in there through a dlmm and then with spot buys if we do get below 100 i mean if
we get down to 80 to 60 like i will definitely buy some more but i mean it's sketchy out there
i'm not gonna lie look at this one we're like refusing to get into the clouds uh it's having an extremely hard time doing that i was mentioning
earlier when i tweeted out about the four hour so the reason i'm pulling up the four hour is
because we kind of did something like this before where well we've been doing this the whole time
since the 25th but every time we
get to a four-hour cloud we either get rejected some shit happens and we uh bart back down
and we're kind of coming up to that same exact setup again so by this friday we should be closer
to the clouds and if we're going to get in and have that pop we'll see how it turns out is it
going to turn out just like it did before where we get temporary news and it comes back down or is it going to end up like over here where
it doesn't even break through the clouds so this is on the four hour and this is something i can
kind of watch a little bit more attentively than the one day the one day i don't really need to
worry about because i have my alerts on once i can clear the red line i'll be a little interested
but until then it's either a cloud entry or something because it's scary out here we broke
the clouds too which is really really bad for solana i mean that's not a good sign at all for
me if i'm going purely technical and without any kind of bias that means we're heading down to 60
bucks from 105 and that's not good at all so yeah i mean i've been stabling and selling things so i'm not gonna lie there's definitely things i
probably shouldn't be selling at these levels but i'm definitely taking some precautions to get into
usdc and i don't know if that's panic selling when i probably could have sold like last month or a
month before but i mean i'm personally not seeing any kind of turnaround. And just this nonsensical tariff stuff.
Like, we should be going up on that news because we're crypto.
But apparently we're not.
So, what can I do?
I got to go with the flow of things.
Let's see who's on stream before I continue on.
I have 191 people here.
Someone say hi to me.
Hang on.
Let me open up the Twitter chat too,
because I don't have that open, so I can't see what you guys are saying.
Give me a second.
Of all chats, I should have that one open.
Let's see who's on.
Whoa.
No one wants to hear themselves.
Give me a second.
Let me go to my profile.
What the fuck? you getting there?
There we go.
Alright, now I can see you chat.
So if you guys got something to say in chat, speak now or forever.
Hold your peace.
There we go.
Multi-stream chat is open.
Alright, I can see chat now, so feel free to say hi.
But, yeah, that's my market take right now right now i mean we're kind of struggling right here with solana definitely not a good look over here for
solana at the moment i can go ahead and do bitcoin real quick as well
again one week is probably a better representation of everything
and the reason i like my stuff is because i don't know i don't necessarily have to worry
until something actually happens so i don't know maybe it's just me but i mean i get my stuff is
down but it's not like i'm necessarily worried about it it's just i guess the thing that's annoying would be
is that's just more time that is wasted with waiting for it to happen again so i guess that's
probably my biggest issue not about whether it's going to happen or not i know it's going to happen
it's going to come back up but matter of when is kind of the issue for me i don't really would not
like to wait another year or two would like this to continue within six months
all right well wait the way bitcoin looks right now if it follows solana's path that means that
we're going to be heading down to 60k which I find this price action really funny considering
that on the 28th we had option players buying for a 70k move down over here uh which I found
for may too and I found that extremely interesting considering there were
block orders that were coming through so block orders are pretty important because they're
typically like institutional buyers that are doing those kind of things and when you buy it
strikes like that in the current conditions it's very sus at least for me and that's the whole
idea of reading options order flow but yeah those guys should be getting
paid especially if we start dumping out i mean the volatility that we're having to the downside
right now i mean that's 2k moves down every single time so that's that's pretty good scalp
environment i mean back in the day if i was if i was still scalping like i haven't scalped in two
years because i've been mostly just doing dlmms but yeah i mean two three k swings
that's the dream like i'm sure the people who know what they're doing with scalping they're
probably having a great time exchanges are probably running each other
ethereum is the last one to go over this coin if it wasn't already bad with the vibes of like just what they've done to the
community and just what they've done to the token the weekly price action just looks absolutely
horrible it looked horrible once it uh broke over here on the weekly so just price action wise it
broke down over here and it's coming over here so for right now i would say the path that eth is headed i would say is
probably sub 1000. that's insane to think but i mean hey you you fuck around and found out but
those guys have extracted so much money at this point it's like does it really matter these guys
have been around for so long and just they've been constantly taking money out of the ecosystem and just paying the foundation and their own shitty projects so we'll see what happens
anyway all right so let's talk some dllmms over here
actually what i want to talk about is the article that i put put out recently if you guys want to
check this article out and retweet this I talked about market
making and launching projects on chain with Meteora so there I've discussed
some of this stuff with you guys on stream before but I wanted to kind of
discuss some of like the edges of things and just like why certain things are the
way they are.
So I think that's what a lot of people had asked me.
I'm just going back through my stuff.
They had asked me about giving examples of these specific situations.
So I'm going to definitely write them out for you guys,
but I figured I'd go over them on stream.
Removing excess liquidity available to snipers or unknown early buyers.
So let's go ahead and get a chart open over here i mean in a very simple sense over here like this is probably a good example for a chart
if the token price is down over here at about seven cents and let's say you have 200k okay
on the side of lp or even if you have like one mil over there on
the side for liquidity purposes you wouldn't want to go ahead and it's only unless you really don't
care and you're a company that has made enough money to where it doesn't matter but most people
doing those kind of raises are not worried about the things on chain or anything like that so if
you are concerned about unknown buyers, unknown things like that,
you don't necessarily want to add all your liquidity at one time. So you don't want to
go ahead and add that 20K, 30K into there right off the bat. Or you want to start adding like
something like 20K or 30K in there right off the bat. So if anybody is buying in there and selling
in there, they can go ahead and get out. You can even go a little bit lower than $20K or $30K.
You can probably go like $5K or $10K.
But the point is that most snipers that get in, they get in really early and they get out within a few minutes or within like 15 to 20 minutes.
Any kind of early buyers, once they see momentum going down, they start getting out. So if you're setting up things in a way where you're not providing liquidity initially,
anything that dumps out over there is going to be a result of early people who don't necessarily believe.
I mean, there might be some people that end up holding,
but I've seen enough times where the people who are going to be sniping and just getting in and out,
they're out within a couple hours of the project. And the moment it starts losing steam and hype or there's not enough
liquidity being added, they kind of get out of there. Because once they start selling on low
liquidity, the price is going to go down much, much faster. And at that point is when you can
start adding liquidity and kind of, you know, supporting the price up a little higher. Because
if the chart is something like
this, like for example, let's say the chart goes up like this, but then people start selling out
on low liquidity and it comes back over here. If something goes like this and people start buying
again, and these are like legitimate buyers and people that you're shilling through with your
community, you can make something go straight up because you're providing downside support every single time.
So let's say, so initially over here, you're providing, let's say, 20, 30K in liquidity.
But over here, you're providing 75K to 100K, maybe even 250K of liquidity over here to the upside.
So any kind of short sell pressure that happens in the beginning phases will get aided up by whatever you have over there on your side
and the price will continue to rise up if there's still buyers and you have a bunch of liquidity to
the downside so going back to initially what i wrote over here yeah you just remove that excess
liquidity for those people early on so that way folks aren't using your liquidity because i know
some projects that do raises and they don't necessarily raise that much money so to kind of spend that much money on giving it out to early
snipers doesn't necessarily make sense it's better off spent for other cases so just something to
kind of think about and the reason i mentioned it with dlmms and just meteors in general is because unlike an AMM, you don't have the control you do over here.
So being able to remove excess liquidity and add it, if you did it the normal way,
that would be through the AMM. You can do it that way as well, where you just start off with low
liquidity and kind of go that way. But you can also do it the concentrated way, which ends up
helping a lot better and helps kind of eat up the price a little bit more.
So that's kind of how DLMMs fall into play with this is because you can actually customize which levels you want something to be at.
So like for example, I was explaining on there what an AMM would be.
An AMM would kind of spread it out infinitely from seven cents all the way to
a million cents or a million dollars. But with concentrated liquidity, you can set it up where
you want to go, especially on the downside. Like you can eat everything up that goes below like
four cents, whatever it is, and then kind of start packing it on once it gets back over seven cents.
So I guess one of the examples I can use is also with the Meteora.
I think they were talking a little bit about some of their curve stuff.
I guess what I'm talking about is a little far-fetched for a lot of people
and most people might not be interested in.
So we'll go ahead and move away from that shortly after.
But case study of the cloud pool launch.
What's funny is people don't know know but we did this with flomatic like the way we launched flomatic was flomatic we had tranches over here
so a lot of people say um never seen anything like that done before oh we did we did it uh
this is how we launched so we launched with our stuff being in specific tranches where there was token.
It was kind of like with the curb over here where there was less tokens in the beginning for cheaper prices.
So people could buy out.
And then there became more and more tokens as the price went up.
So early supporters obviously got more tokens early on.
Um, but whales couldn't necessarily take up too many tokens as well, because if you have things
But whales couldn't necessarily take up too many tokens as well.
on like a lower curve, that means you're setting up less tokens for the upside right off the bat.
Um, and as the price goes up higher, you can sell out more tokens. And I think what Meteor is trying
to do right now is they're trying to set up like launch pools so people can set up like the curve
over here, which is good. good um as long as the price
kind of blows beyond the curb which is fantastic if it does so it's a pretty cool way to go ahead
and do it i think it's much better than your normal launches because sometimes people can
just ape up right away and that causes prices to kind of fluctuate in the beginning again it comes
back down to those snipers and unknown buyers when you have them in the early phase of the project,
sometimes it really fucks you when you have people with too much of a percentage of the supply
and they just kind of sell like monkeys on the chart.
So, hang on, let me retweet my own post.
You guys should like and retweet as well.
Hold on.
Let me retweet that.
Okay.
I'll give it a second before I begin again. Hold on.
Sorry, doing some Morse code over here.
Or am I? Hold on.
Sorry, we're just waiting for a few more people to hop on because I just retweeted it, and I'll continue.
And I guess I also kind of explained on over here on the Flomatic account about some edge
cases over here.
So this was probably one of like the more bigger ones over here is finding edge cases
with a lot of these DLMMs now is very easy.
So at the same, so you guys notice how there was a curve initially in the beginning.
There's less liquidity in the beginning there's less
liquidity in the beginning portion and there's more towards the end of it the
same concept applies when you're looking at deal a man liquidity you can see on
the charts where there's less liquidity and at the end of the day when you come
into this stuff let me open up one more thing over here. Hold on. Meteora. Let me go to a pool over here.
Juice said do the humanized one. Okay, we're just going to pick the humanized pool.
The thing that really matters at the, look, see, this is another really good example. See how
there's like lower points of liquidity and then there's higher points of liquidity at certain spots.
The thing that really matters at the end of the day is how much ownership you have in each of these bins.
And that's like the biggest alpha in DLMMs.
So notice how it like falls off over here.
So let's say somebody has, I don't know, we'll just use my five sole I have in here.
Okay, if I have five sole in here and I spread it apart all the way across,
if I go to this bin and I hover over how much of this bin percentage I own,
that means I own 4.8% of this. We'll just say 5% for just saying it.
So I own 5% of this bin. This bin is a 5% base fee pool.
So any kind of fees that get put in through this specific bin I get
five percent of that bin so any kind of price action that goes through there
whatever fees get done I get five percent of that now if I look at a
lowest point over here where there's less liquidity it increases to about
twelve percent and then when I get down here twenty percent and then when there's
absolutely no liquidity over here at all it gets down to about thirty six
percent so that's one way of looking at it is putting it over here but then when there's absolutely no liquidity over here at all, it gets down to about 36%.
So that's one way of looking at it is putting it over here.
But then when you concentrate that stuff, notice the difference.
Now it popped up to 41%.
At the lower point, it's 62%.
So I'm getting even more of the fee share in those specific bins.
And that comes back down to my post over here.
If you're on some of these
dlmms and you're noticing that there's these points where there's low liquidity i mean i'm
assuming you guys know how to trade or at least read a chart if you can read a chart and identify
points in the chart you can use the chart and you can use the existing liquidity and you can figure
out hey is this a good support level is this something that i feel like the price is going
to come back to i wonder if i can just pull up the live example here. I think I have
the terminal open somewhere. Hold on. I know I have it open. Hang on. Where is it? There it is.
Alright, hold on.
Let me show you.
Okay.
We're just going to pick a random pool for right now.
Seoul, USDC.
We will pick the My Favorites, which is...
The 54.
Nice. Okay. So we're going gonna go switch to the one hour and we can see how the liquidity is placed
over here a lot of people were going ahead and bidding over here around that 110 area and looks
like it's coming down over here down to about 95 so when you're looking at this type of situation over here you can try to figure
out hey do i want to go ahead and buy some spot sole and set it up to the upside where i feel
like there's less liquidity at the 120 portion or do i want to go ahead and avoid this area that's
currently over here packed up with somebody's liquidity and add it significantly lower down
below 80 because when we look at the chart over here and we look at this specific pool, this specific pool has no liquidity below
that point. And I believe that point is below about 80. So around below 80, there is no liquidity
over there existing. Yeah, that's about 79. Yeah, that's about $79 right there. So below 79,
there's no liquidity. So any kind of fees that go through at that specific
point are going to be all yours um let me go back over here real quick and show you a different
example and the reason i kind of wrote that market making article first was because if you
if you understand some of the concept of some of these market making things and how this stuff applies there's a these are like it's like a double-edged sword if i know how somebody's setting up their
liquidity initially and i know where there's going to be gaps or i know like a specific process
they're following i know how to exploit that process or not even say exploit i think that's
the wrong word every every time i use that, everybody's like, ah, man, please use more positive words.
So I don't know what the right word for it is. Yo, Slim, what's up?
But I know I can find an edge case in other people's strategies.
So let me go back down to Meteora's strategy real quick.
So Meteora right now is pushing their single-sided LP stuff, which is good.
I mean, the single-sided LP does make sense and the trans stuff does make sense again we did this two years ago and we did it
through Orca unfortunately we wish Meteora had their DLMMs the way they have them now but
it's good to see them finally do that stuff but
yeah I mean so with these strategies if this is the way the pool launches i have a good idea of
where buyers are going to kind of have their tokens if certain buyers are selling where the
price is going to end up at where most the whales got their pricing so if you know these kind of
things you can add your liquidity at specific points where you know it's going to go like for example um that's the difference between like for let me see uh human
eyes human eyes has multiple different pools oh my god they're all five percent pools that's wild
juice what are you doing juice said fuck this i'm not opening up a smaller oh no there is a smaller
one so basically the difference in some of these situations is finding out what range is being played and that's like the higher bin step ranges.
So, all of these things are available for companies as well.
So, if a company is trying to set something up, they're most likely going to use something like a 400 bin step and set up their liquidity properly.
In that same breath, when you know a company is setting it up a specific way, you can come setting it up a specific way you can come in with a lower pool you can come in with a tighter pool whatever it is you
can do a lot with it so that's why it really helps when companies open up their pools properly they
open it up with proper fees and everything because it really helps the situation a lot
wow look at this one these guys have managed their pool this entire
fucking time and um what is this these guys have managed their pool this entire time and now they
went through all their money and it's down to 31k and in fees that's amazing but drift was one of
those examples like these people opened up a 1% 100-step pool.
Let me open up the Drift chart real quick.
Hold on.
Drift.
Drift was an absolute absolute look they're still up at 40 cents that's insane was an absolute banger in the beginning like drift stayed sideways for so long and it was just so
good and then when it started pumping up it was so nice and then it absolutely ripped one day
and just started printing fees so now it looks like they've reset all the way down over here but i mean that's like the exit and the dream of uh most
people is to have something that launches goes sideways a little bit and just rips face but this
was such a good lp and they set up their initial lp with a one percent pool so that meant they were
going to get a lot of fees and they left it open to competition if
people wanted to come in or if somebody else wanted to come in and provide lower fees at a
tighter range they gave a lot of options so knowing knowing that meteora is pushing this so hard and
knowing that the dlmm space is eventually going to get to the point where people are properly using
their launches and stuff.
That's why I kind of wrote out what I did because I've been through all this stuff. I've dealt with everything like this and I've helped other companies do this stuff. So if you can figure
out what other people are going to end up using, what other existing companies have used, that's
how you find those kind of edge cases. And most people don't even know this stuff because A,
they've never personally have dealt with it.
And it's just not, it's a very obscure topic.
Like most people don't try to figure out proper launches.
Most people are like, all right, well, we're going to go to pump.fund.
We're going to launch our token.
And that's that.
Or most people are just going to make a token, CTO.
No one's going to go through the proper process.
And that's like one of the biggest things in crypto right now that everybody always tries to solve every year is how tokens launch and how that initial liquidity is done up.
So what Meteora's answer to all that is that single-sided stuff that they're pushing right now, which is good.
I mean, again, did that with Flomatic, so I understand how that is.
It's very beneficial for companies um but it's
good for you guys to understand how those things work so i kind of explained like the providing
the liquidity to absorb cell pressure again if things like a really quick explanation on that
would be something like this um if something is going up like this and we're seeing things go up
is going up like this and we're seeing things go up, you can choose to provide your liquidity
the entire way up or you can choose to provide your liquidity in sections. The biggest difference
in that would be is if you provide your liquidity in sections, you can choose where you want your
liquidity to stop at. So let's say you kind of see stuff going
up over here and you might have had your liquidity up over here. Let's say you had your liquidity
down over here, okay? And the price starts taking off. But you see that sellers are starting to sell
off over here. So you want to support it a little bit. You can move it up over here to support it
and cause some consolidation. If you cause some consolidation, you might see that
buyers are starting to step in now and it's becoming more attractive and things could start
to go through and they could reach out of your next bin and it's gotten so attractive now to
where you now are beyond your support level over here. So now what you can do is you can kind of
remove some of this liquidity and make it even thicker over here to kind of support the price even more. So there's a lot of
customization that's available with some of these DLMMs that is stuff that a lot of these market
making firms use. Like the stuff that I've dealt with before with people was the stuff that citadel and jump used and that's kind of like the stuff that they used most of the time if they
were getting hired or if we were doing any kind of stuff for companies it was strictly just
concentrated liquidity half the time we would discuss a plan with the company and we would be
like look this is where the liquidity is going to be does this sound good with you guys are you guys
comfortable with this and we'd have meetings every how often ever whatever the level of the company's like expertise was um and their
knowledge in crypto and that's pretty much how all it would go through but those guys had their
own infrastructure they had all their stuff but now you have meteora which all this stuff is at
your fingertips you can use the bigger market making tools and it's available to retail which
is insane.
Like, why do you think everybody started using this stuff over the last couple of months?
Like Trump used it to collect millions and millions of dollars of fees.
After that, everybody else started hopping on the bandwagon, which they were already on the bandwagon before that.
So, yeah, there's a reason people are using this stuff, because not only is that the case,
yeah there's a reason people are using this stuff because not only is that the case
meteor is deal mms the products themselves they're the highest paying lp fees any fucking
where you see there is no one else that provides this good of fees i mean if i'm wrong please
correct me but when i go through and i check out other places uniswap um i check out avax
no one offers you a max fee of 10 no one offers you a base fee
of five percent no one does that shit they offer you a very small percentage and they put the rest
of that stuff with a protocol fee and meteor's protocol fee is very nice because what they say
is um the their protocol fee answer is the amount of fees charged on each trade which goes to the protocol or
integrations protocol fee is five percent of the dynamic fee and sometimes the dynamic fee is not
that high it's only like six percent so it's five percent of that i think that's a pretty fair deal
for these guys so it's just overall really good for lps to kind of do this stuff over here because
it's just so advantageous for you and for me i guess if i was
going to pitch it to something i don't want to pitch this i mean obviously it's nice if my
institutional buddies do this my option buddies do this that understand that and they can do that
stuff but i guess my more draw for kind of teaching people is my friends with lower capital that
haven't have a chance to like kind of make the gains that everybody else can do on a different basis.
Like for example, I've pitched options all the time because options is a product where
in the stock market, retail doesn't have access to leverage unless you're an institutional trader,
which you need like 200K to be.
And most retail isn't doing that.
Most retail can't even get past the pattern day trading rule,
which they need 25K over there to get beyond to where they can make more than four trades, I believe, in like a week or day, whatever it is.
And retail can't even do that.
But with options, retail does have access to that type of leverage.
And that's really good because sometimes if you're picking the right kind of bet, it really helps people out.
Hold on.
Oh, look, folks here.
Dude, the homies here.
The word isn't that the reason Meteor turned to crime and insider trading?
Yes and yes and no.
I mean, I don't mind answering that one.
So, yeah, I mean, at some point it was going to happen. I mean, I was surprised it wasn't already
happening before. Like I'm always, I'm always suspect about these things when people have
access to this kind of information. So yeah, I mean, for me, I definitely think
it was attractive to some people with the fact that if you had that knowledge early,
people with the fact that if you had that knowledge early, because I can tell you right now,
because I can tell you right now, um,
if you're in on pools very, very early and you're like the main LP initially very on,
and there's like millions and millions of dollars of money going through, it comes back to what I
just said. The max, so the way the max fee works on Meteor is let's say each of these bins over
here have $5,000 in each of these bins over here have five thousand dollars in each of these bins
that's cool that's that's fantastic but if there's people that are aping 50k 60k that means that
your bin is getting ran up to the max and it's being charged a 10 fee so if you're in very early
and you're the main lp you are caking and it's not just any kind of caking. You're caking out to where it's like 20k every fucking 5-10 minutes.
Especially if you're really early on.
So I'm sure if people saw that kind of money.
It's very hard to kind of get people to do the right thing.
And kind of stay out of it.
So yeah that turned into crime season.
But I think it was more crime season for the people who were launching.
I think people realized come like i
think after november that you can kind of extract more out of your community without
them even realizing like there's a lot of times where people can just do something like this um
if you're doing a if you're doing a dl mm over here and you said and there's enough volume going
through you can set up multiple ranges over here and these things will just absolutely blast through
and if they're just blasting through that's just it doesn't come through as any kind of sell at all
because it's kind of combining out with the the volume that's coming through if you have 50k set
up over here and
there's like a million dollars in volume going through and there's a lot of buy pressure,
that's absolutely nothing for what's over there and nothing is going to look like a sell.
Because the way DLMMs work is you're providing liquidity at those points and you're giving
whoever wants to buy at those prices a good price point. I think I wrote about that.
wants to buy at those prices, a good point, a good price point. I think I wrote about that.
Where did I write this one?
Yeah, I think I wrote it over here. Yep. Having changes of liquidity early on is better than
official for buyers too. DLMMs are slippage free. So if you set up liquidity at ideal prices,
serious buyers will get better pricing and those prices move moved outside of
the concentrated zone i guess that brings me to my next point um that made me think about what he
said so there's like a balance of this stuff and i think that's probably the harder part like the
downside support side is uh isn't too hard you kind of just got to add support and you have to
have enough
money that's just a game of money but when it comes to the upside that's the thing i think is
probably the most important one because let's see over here let me find this chart
we'll just use this one over here
see if we could make some of these dlmms like private or something like that I think that
would help so much I wish they would add a privacy feature on these DLMMs to where people can't get in
or lock them specifically for a protocol because I guess like the thing that happens is that
people will have liquidity spread apart and normally let's say the price is over here okay
and people are setting up liquidity and they'll set it up up over here and then they'll set it up up over here.
That's fantastic. If they set it up over there and the price goes through, wonderful.
The issue ends up being is that people don't withdraw. They leave their stuff there because they start seeing the fees and they just kind of leave it there.
seeing the fees and they just kind of leave it there this is no different than leaving a bunch
of limit orders just sitting there if you leave a shit ton of tokens up over here you're gonna
cause resistance if there isn't enough volume pushing through there so it doesn't matter how
much money you have or how much insider of tokens you have i think that's where the biggest fuck up
happens in dlmms is that people don't understand just because you're not market buying and you're putting this stuff in a single sided DLMM doesn't mean you're not hurting the chart.
The biggest difference is now you're just causing sell pressure to where it's never going to break through.
If you set up, let's say, 100K in tokens up over here and you're only getting like 20,k in volume you're gonna have a very hard time ever
breaking through that zone until there's enough volume and what happens then is is that people
don't remove that stuff even more and things start sliding down even more and then when we
start coming back down to the other guys who set it up over here and they're not removing and it
just becomes a nightmare and you need volume to kind of push through and you need
people to remove liquidity and that's why like that management really comes into place especially
if you're doing things that are like sub 10 mil um most people don't even get to 10 mil half the
time half the time it's like these sub 5 mil tokens that have an issue kind of
it's early on you can't let people that's that's like the biggest thing i think with the lmms you
can't let people know into what you're doing right off the bat because if you do people will start
packing it on and that's why i tell people like if you're gonna start off something initially
right off the bat do it with the highest percent pool possible because least at that way most people
are not smart enough to realize that they can you know lower the pool fees and you can do a little bit more if you just start off with a
high fee percentage it gives you a lot of chance for volatility because if it's at a five percent
fee rate that means that the price is at five percent increments so you're automatically going
to get a lot of volatility you're automatically going to get a lot of volatility. You're automatically going to get a lot of arbitrage when the price succeeds certain levels. So it's always good to
have higher pools. When people start opening up lower fee pools, that's what fucks up. And that's
what reduces the volatility. Because if you're just opening up tight pools, you're dampening the
volatility that's happening. And that's good in some cases, but it's not in most cases,
especially not for meme coins.
For companies, it's fine.
You want to dampen your volatility, and I believe I mentioned that too.
Yeah, dampening volatility for better prices.
Yeah, you can add a shit ton of supply at certain levels.
For example, let's go back to Meteora's thing over here.
So they have it to where there's lower supply in the beginning
and more at the end you can do this vice versa you can have more supply at lower prices and see if
people buy out a lot of the supply and then have less supply as it goes out that's the cool thing
about the curves they're very customizable so you can do it in a bunch of different ways. I wonder if I could – yeah, I don't have the phlegmatic curve, but I could pull up the phlegmatic chart.
We actually just – I don't know if I should even be discussing this, but we actually just got done redoing our tokenomics and everything.
So if you wanted to check it out, we reduced – we did a bunch of supply burn and a whole bunch of things over here.
So we're working on things on our end with this but i wanted to show you like an example with some of the liquidity
management like the results of it so this was our chart initially with flipmatic um we had
tranches that started below over here and people were buying out on the tranches and we launched
up there this probably looks better on BirdEye. Hang on.
Hold on.
Okay, hold on.
So this was the initial price action. Yeah, there we go. This is better.
So this was our initial price action that we had.
We had tranches from like $0.10 to $0.25.
We didn't have all tranches fill.
We kind of slowed down more towards like the middle part of the tranches.
And then the auction closed out and we launched.
So if you notice over here, initial sellers came through,
but there wasn't much liquidity for them to come through with. you guys probably remember the name but fucking the scene the scene kind of hit us and uh
you know they got to us a little bit and took some of the liquidity out of us initially because he
fucking did his little shit uh the result basically the thing with what happened over there was i
don't mind discussing it now because it's forever ago but the stuff was supposed to be private but since it's on chain it's not necessarily private
so somehow some way nasim got the pool id that was supposed to be launched for our specific pool for
our concentrated pool which isn't necessarily a big deal but since we had so much attention on our shit in the
beginning people were getting people were freaking out because it was during the auction but then
there was live trading going on as well because somebody opened up their own pool and started
selling out into their own liquidity kind of creating the chart and kind of creating a false
narrative which made people panic but anyway so people got out over here and then that's where
like the concentrated liquidity stuff started getting added and you can see some of the result
of that stuff like we were there was a lot going on here that ended up resulting in sideways and
a lot of stuff but essentially everything ended up running all the way up to about 70 cents which is
fantastic because again who who can complain
at that point because things went from 10 cents for people who bought out down here all the way
up to about uh 70 cents and i believe like it wicked up to like about a dollar i mean yeah
things are struggling right now but we have i mean most utility coins are struggling right now
in the market so it's kind of hard to hard to say at the moment but
yeah we're working hard i mean our our volume is increasing our user base is increasing so
it's a matter of us going public and kind of partnering with all the people so super hype
but anyway getting off topic there but yeah definitely check out phlegmatic we have a lot
going on here i want to mention something that juice said juice was finding some bangers on our organic tokens list he had a token list over here that he was going through and he was making some
money off of over here so if you guys want access to the dlmm terminal if you guys do any kind of
dlmm stuff let me know i'll get you guys access we can get you guys hooked up if you guys want
you guys can also do it directly off the flowomatic page over here So if you're on the Flomatic page, ooh the Flomatic website is down
Ooh, that's not good
Interesting
Let me message the crypto bros real quick
quick well yeah DM me actually instead um we'll have to take care of that until it's back up
that's interesting oh okay i see what it was it was it needs that https so yeah go ahead and hit get access over
here and you can fill out your discord or twitter id and I will take care of you personally. If you haven't heard back, let me know, and we can take a look into it, but you should hear back.
We'll fix that in a moment.
Alright, back to some of the DLMM stuff.
What else is there? Hang on.
Articles. else is there hang on articles so we talked about liquidity and snipers absorbing cell pressure dampening volatility converting tokens to solar staples without i mean that's kind of like the
other thing is if you're able to identify some of like the volatility that's happening on the charts
or even if you're able to identify like early on phases where you're noticing that the price is going up like crazy.
Let me look up human eyes real quick and see if that's a good example.
Probably a smaller chart.
Yeah, so these are kind of the situations, I guess, where people can probably take advantage of some of this stuff if you're a whale
is if something's a lower market cap or you're seeing something starting to pick up momentum
and it's starting to go, that's where you can start adding in chunks of liquidity to sell out of stuff.
So instead of selling stuff directly on the market, it's sometimes better to sell up,
sell up, set up a certain amount of tokens over here and kind of play the momentum and withdraw
set up a certain amount of tokens over here and kind of play the momentum and withdraw your tokens.
your tokens. I would say that's the only downside of DLMMs is you have to kind of manually actively
withdraw and add liquidity back in. But if you don't mind doing that and you're sitting there,
it's a lot easier to offload the tokens and not have anybody kind of say anything. So like for me,
say anything so like for me let's say so like this one over here let me switch to the market cap
let's say, so like this one over here, let me switch to the market cap.
so this one ran all the way up to two mil market cap let's say the homies got you in about 200k
they said go ahead the initial dump is done go ahead and start buying in and you start buying
in and you get a good amount of the tokens over here so you want to go ahead and sell once it
starts getting over 300 percent one of the things you can do is let's say where see where 300 is for that one so 300 is right over here so here's where 300 starts
you can set it up to where you're setting up your liquidity to sell out the tokens in a wide range
you don't want to ever set it up in a very tight range because if you set it up in a tight
range what's gonna end up happening there is that you're just gonna end up causing resistance if
there's not enough volume so you just got to be careful with that if there is enough volume and
there's enough attention and and you know there's like tweets going out whatever it is or there's
some kind of news happening you want to set up your liquidity a little wide and or even in sections you don't have to set it up all at one section you can set up some at 300 um you can set
up the next one a little higher that's how you offload tokens and the best way is while there's
momentum going on you shouldn't really be market selling too much unless like obviously you're
trying to buy lower or something else is going on you normally can sell things out with the dlmm and the cool thing is is while things are still kind of trending within this level
you're making money in fees so when i come back to that meteor page and
hold on i think uh i think we're good
let me go back to Meteoro.
What?
I did not.
I don't know what that is.
Hang on.
Where's my Twitter? on yeah like five percent so everything that happens within that trading level you're making five percent as it goes through so
if it stays in here for a little bit and it's during volatility and it's like one million
volume right over here you'll collect all the fees as you're selling out your tokens and you
can withdraw that stuff out of there so sometimes it's good like right now it's probably good to do
usdc pairs because being in solana or being in solana pools is probably the struggle
because being in Solana or being in Solana pools is probably the struggle.
I do got some alpha for you guys. Hang on.
Here's one thing that nobody really knows,
and I've never seen anybody really talk about it,
but let's say I started off a token right off the bat,
and I launched a token, okay?
And I launched it everything's fantastic okay it's over here and it's launched
now let's say I go ahead and do that same exact thing but I do this hold on
let's open up the fart coin
excuse me Let's open up the Fartcoin. Excuse me.
Alright, let me go back to Fartcoin over here, back in the day.
Back before it launched okay let's say you start a token over here and you
put in your LP whatever it is you do a good job you start up your LP tokens doing great either
going sideways whatever it is let's say you open up an LP with that which is an equivalent to
whatever your LP is let's say you have 40k and LP in your token, okay? But then you decide,
I'm going to take 40k of my treasury. I'm going to buy 40k of fart coin down at about 3 cents,
4 cents. And I'm also going to add 30 to 40k. I'm going to add the exact same amount within
your native token. We'll just call it water token. So you created water token, you're going to add 40k of water token and 40k of fart coin in.
If fart coin starts taking off while you have your LP open and you have an AMM pool open,
your coin is going to result in bullish arbitrage, which is going to cause your token to go up with normal volume that's going through.
with normal volume that's going through.
So if you initially set up your tokens
with another token that's doing good,
your token is gonna result in doing good as well.
That might seem like it might be a little deceptive,
but that just is good LP management.
If you are a company that can do good LP management
and you keep setting up tokens
and constantly rotating out your tokens
with things that go up,
you can make your chart go up
simply through bullish arbitrage.
So that is one way to go about things.
But nobody really does that because not many people have a good LP management team,
let alone anybody that does any kind of LP management like that.
And it's also something that works best when markets are going up.
If your markets are going straight down or whatever you're seeing right now,
you as a company or a project should be doing all they can to switching everything into usdc or stables and kind of going at that route if that's a possibility for you
so anyway i kind of talked forever do you guys have any questions um
this was kind of a big brain conversation i was gonna try to keep it simple but I wanted to do something that was supplemental to what I kind of wrote
out over there what's the twitch chat saying we have 720 people and no
questions I'm surprised I'll give you guys a minute to do that while I go fix this edit profile oh it did not that's why I didn't do that okay
how about we do it that way does it it work that way? Nice. Yeah, it does work that way.
Let me just double check that real quick.
If I put this in here, oops, one.
So if I put it in there and I save it that way and I click it this way it says
site not found but if I do it the other way it works spooky good job Elon good
job but it's okay we can flip this around not a big deal
I wonder if I can fix that anyway any way. Maybe, actually, I think I have a better idea.
Maybe it's because...
Any questions?
I'm giving it a few moments for everybody to ask me questions.
Send me a DM, anything at all.
And I will try to answer whatever I can.
So if you have anything, ask now.
Or I suppose I'll get off.
I appreciate bulk hopping on, man.
Let's see.
Now it said it's not even going to work.
Very interesting.
Not a problem.
Not a problem. someone says can you show a live example of a deal mm yeah I mean if you want me to
I can uh I can pull it up real quick why not oh that's why I was doing that. Okay, I got it.
Yeah, we can do one. Whyy, Foxy's max fee page.
Where's the volatility at?
Let's see.
What is this PT coin?
I mean, it does seem like humanized is probably the way to go but I can only go bid side over here so fuck it we can we can do this one I can I can figure it
out um all right that's fine we can try it let's see
Can I find that specific pool?
Alright, we're gonna do...
Let's do the 2%-ing.
Alright, let's do this one.
Hold on. Actually, it looks like the puppy had a little accident in the kitchen,
so I might have to clean the puppy accident up.
But, I mean, yeah, I was on here for an hour,
so I'll probably get back on in a little bit.
But, yeah, definitely hop in the Discord.
I would say that's the best place to kind of hop in,
hit the Flowmatic Discord, come hang out with me,
come ask questions.
You can always request access as well to the DLMMmm terminal would love to get some of you guys access volk would love to have you
try it out as well man it'll be super exciting but yeah i will catch you guys in a little bit then see
