P small trader sweeps the chain, traders sweep the market, $saros may have a similar exit path as deep.

One of the happiest things in recent days is trading $deep, and this is not me feeding the community, but community members discovering it themselves.

In more than a year, the community has evolved from waiting for handouts from Brother Xin to now members being able to find good trading opportunities themselves, creating a purely money-making atmosphere, which is quite interesting.

A few days ago, the handouts I provided did not turn into hindsight, and I also had a good return.

After resting for a few days to look at projects, as a trader who enjoys looking at projects, I have many fishing ponds. Compared to P small trader sweeping the chain, my daily job is to see if the fish in the pond are jumping.

Today $saros moved:

The standard for saros entering the pond is that it is one of the only two DLMM mechanism projects in the Solana ecosystem. In this round, I all-in on SUI, and next is Sol. As for E, I directly spit.

Here we need to ponder a question: Does the Solana ecosystem need the DLMM mechanism, and what does it bring to Sol?

The DLMM mechanism was born to solve the disadvantages of Uniswap v3. This mechanism is inspired by the Liquidity Book mechanism of the DEX project Trader Joe, which was subsequently forked to Solana and named DLMM.

There are not many who can explain the v3 mechanism clearly, let alone the upgraded DLMM.

In simple terms: V3 allows you to enter little by little, while the DLMM mechanism lets you enter with lubricant.

✅

Uniswap v3, due to design issues, cannot customize price ranges, hence the price range granularity is large, leading to high slippage. (This can be understood as the minimum price digit of the contract.)

DLMM allows LPs to customize price ranges and finely deploy liquidity, which not only improves capital utilization but also reduces trading slippage.

✅

Uniswap v3 must adhere to the iron law of AMM, x⋅y=k.

DLMM liquidity is allocated to multiple fixed price ranges (Bins), and trading is executed within fixed price ranges without changing the asset ratio in the liquidity pool, meaning it does not need to follow the x⋅y=k formula, achieving zero slippage trading.

This is its significance, and I think I have simplified it enough.

Some smart people might ask, you mentioned the only two, so what is the other one, as it holds reference significance for trading.

The other one is Meteora, and the $LIBRA scam used this. The president's token issuance also borrowed from this; he doesn't issue tokens, he just empowers $jup.

At the very least, the president thinks it is very useful.

DLMM adjusts transaction fees in real-time according to market volatility, raising rates during high volatility periods to provide higher returns for LPs and reducing the risk of impermanent loss.

Less impermanent loss, improved LP returns, suitable for volatile assets, what comes to your mind?

This is very suitable for meme projects to act as the main force.

And it is backed by the Solana Foundation, able to serve as a native liquidity engine for Sol, and is suitable for token issuance (with meme permissionless launch and liquidity deployment features).

This is merely the reason I initially included it in my fishing pond, and in the last month, its K-line has moved, and trading volume has changed.

I bought 20k, and I will exit together with the Solana Foundation. I want to play with my friends who often act as the main force.

@saros_xyz, you need to start operating now; you give me a like, and I won't tell others.