Mercy_okx
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During the meeting, I found that everyone's #OKX backpacks were surprisingly uniform, all hanging with the same skin labubu 🤣
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Yesterday, there was a lot of discussion about Group Alpha LP, but there are still some questions about how to mine specifically? What are the risks? 🤔
Mercy has compiled a guide on AMM mining
Let's dive in!
⬇️
lol. Shout out to @anymose96
💡First, how to choose a liquidity pool?
▫️Choose one with a high APR
▫️Choose one that is actively traded
▫️Choose two coins with relatively low volatility
▪️APR
Annual Percentage Rate (APR) is calculated based on the ratio of the total fees from the liquidity pool over the past 8 hours to the Total Value Locked (TVL), updated every hour. This is the most direct reference indicator, but ⚠️ note that this is the average value over 8 hours, not the current value.
Note: Currently, we have only made adjustments for PancakeV3 pools.
Mercy has compiled a guide on AMM mining
Let's dive in!
⬇️
lol. Shout out to @anymose96
💡First, how to choose a liquidity pool?
▫️Choose one with a high APR
▫️Choose one that is actively traded
▫️Choose two coins with relatively low volatility
▪️APR
Annual Percentage Rate (APR) is calculated based on the ratio of the total fees from the liquidity pool over the past 8 hours to the Total Value Locked (TVL), updated every hour. This is the most direct reference indicator, but ⚠️ note that this is the average value over 8 hours, not the current value.
Note: Currently, we have only made adjustments for PancakeV3 pools.
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