Many people still don't understand how the $Jager LP flywheel actually turns.
After watching the interpretation by teacher bithappy,
I found it to be quite simple:
V3's LP (0.25% and 1% fee ranges) does not charge transaction tax, so users do not need to pay any additional costs when trading.
But V2 does charge tax, so Jager's OGs believe that trading in V2 is the only way to receive holding rewards.
However, smart people have discovered that the real opportunity lies in V3.
Why?
Because as long as there is a price difference, arbitrageurs will move bricks between V2 and V3, or make short-term trades within V3 to drive the price difference in V2; this process will generate transaction taxes and instead deliver profits to V2's holding users.
Jager community already has users doing this and profiting.
Note that these arbitrageurs are not here to take the cake; they are helping holding users create the cake.
In other words:
V3's tax exemption ➡️ leads to more active trading ➡️ creates more price differences between V2 and V3 ➡️ triggers arbitrage trading ➡️ flows back to V2 for taxation ➡️ gives dividends to Jager holding users.
This is a natural flywheel.
Adding USD1 bound to Jager is the 'favorite son' of the Trump family promoted by Binance, with naturally abundant traffic, and the earnings from V3 LP have directly skyrocketed:
✅ 0.25% fee range, with a price range of only 10%, and an APR of up to 220%
✅ 1% fee range, with an APR as high as 768%
In addition to the handling fee, the project party has also set aside an additional $100,000 for users doing USD1/jager LP.
So you will find that while others are studying candlesticks, Jager's players are quietly collecting dividends.
This is where those who understand LP logic should really go.
