This is no different from staking for interest; that little bit of interest can't keep up with the drop in the currency. Once you have more in the pool, you can empty the pool in just one second.
0xkevin
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"Binance Alpha Scoring Day 10: Is There a New Lossless Scoring Method?"
CZ woke up to find the sky has fallen, Alpha offered two months of benefits but was robbed by OKX.
How to score Alpha without loss 👇 Take $zkj as an example, this coin has a large trading volume and no volatility, so don't sell from the first day to the last transaction, just go directly to the Alpha section on OKX to join the pool. It is expected that $2000 can earn $10 in 24 hours to cover scoring wear.
Binance Alpha has been online for more than a month; who is the happiest? Binance? The project party? Wrong, it's Pancake, occupying the leading DEX position on the BSC chain and collecting tolls.
Yesterday, Pancake's 24-hour revenue reached $9 million, truly making money while lying down, surpassing Circle, ranking second; even stablecoin printing can't compete with him.
Pancake is so profitable, is there a way to join in and get a taste? Yes, yes, my brothers, OKX has stepped in, creating a high-yield pool area for Binance Alpha LP.
Originally, many people were just boosting Alpha's trading volume, which was wear and tear every day, but now you can buy tokens on the first day without selling, put them here to join the LP and earn income.
The coins in Alpha have huge trading volumes every day, but prices hardly fluctuate, which is almost passive income, and there’s no need to worry about impermanent loss from running out of range.
OKX has integrated Pancake's CLMM mechanism; let's educate everyone:
CLMM (Concentrated Liquidity Market Maker) is an advanced trading mechanism on PancakeSwap, allowing users to concentrate funds in a specific price range (for example, $zkj at 2.0-2.1 USDT), providing trading liquidity and earning trading fees.
The earnings from CLMM are similar to automatic grid trading. Users set a price range, and the system automatically high sells and low buys within that range: when the price drops to the low point of the range, it buys $zkj with USDT; when it rises to the high point, it sells $zkj for USDT.
The spread and fees constitute the earnings. The size of earnings depends on the price volatility; the greater the volatility, the more frequent the trades, and the higher the earnings. $zkj, being a regular in Binance Alpha, has deep pool depth, high trading volume, but stable prices and small fluctuations, suitable for those pursuing low-risk earnings.
The key is to set the correct price range. Taking $zkj/USDT as an example: 1⃣️ If $zkj continues to drop, the pool will continuously buy $zkj with USDT; if it falls out of the range, you might be left holding low-priced $zkj and face losses.
2⃣️ If $zkj rises, the pool will sell $zkj for USDT; you earn fees and selling profits, but might miss out on the rising profits of holding $zkj.
How to set the range to achieve high returns? Using $zkj/USDT as an example:
Current price is 2.0415 USDT, the default range is -0.15% to 0.16% (2.038-2.045 USDT), this narrow range suits the high trading volume of $zkj, capturing small fluctuations and maximizing fee earnings, with an APR of 601.43%. OKX adopts a similar range, suitable for players pursuing high returns.
For more stability, you can manually set -1% to 1% (2.021-2.062 USDT) or -2% to 2% (2-2.082 USDT). For example, the -1% to 1% range has strong anti-volatility capabilities; the APR may drop to 400%-500%, but it is less likely to run out of range.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.