DLMMS con Tone DeFi

Okay, I'm going to explain a little more

about some of the pulses that

Metiora just released, which are

quite interesting, they really

impressed me, didn't they? The truth is,

uh, uh, what these Meteora developers are doing is pretty crazy, is

n't it? From this protocol.

But anyway, let's start with

the first thing, which is the

DLMMs, as the main product offered by

Meteora, right? The popular one, since it

provides us with some, well,

some ways to provide

liquidity, quite unique, right?

This, the truth is that I haven't seen it

in any other blockchain or in any

other . DEX. that they offer this

type of pull, right? So,

you can somehow manage your

liquidity with these

strategies and, well, provide and

get the most out of the

tokens, right? This is to provide

liquidity to these tokens, right? So

, just give me a little time while I check what I'm

going to

show you, and that's it

. But I don't know, look,

leave this here if you have any

questions, put them in the

chat and we'll

start this little

questions section shortly before we begin. So, if you want something like this just

for a quick overview, and if it's something we're going to

discuss here in the

video call, then we'll leave it for

the video call, right?

Later I'm going to reuse a bit

here

in the bootcamp we gave a

couple of months ago to explain a

little bit about this topic of

DLMMs, right?, in

Meteora. But let me read them to

see if anyone has any

questions. "

Okay," says Ricardo, "Let's get to the point."

Okay, perfect. Let's begin

then. Okay, let's see, here's the

sharing option. They tell me if they can see

my screen over there now.

Put me in a chat room or something so I

can see if you can see my

screen. Okay, that's it.

Perfect.

Well, here we have, right?, a little

bit of what

Meteora is, well, the DLMs more than

anything, right? More than good, we're definitely going

to see it here. Well, Meteora is, as you

know, it's a dex,

right? Uh, just like Radium, just

like Orca and Meteora, well, it's the

same, right? It's practically the

same thing, a

decentralized Dex. Uh, this means

that there isn't really a company,

right? Yes of course. Behind the one of

the platform, right? Rather, it

is completely decentralized, it is a

protocol and it works based on smart

contracts, right? And well, like

all dexes, uh, well, it has

liquidity repuls, right? In order to be able to

provide that service of

making the exchanges, right?

Let's remember that a Dex is Yes, that's fine.

Hm. Yes, yes, yes, that sounds good to me.

So, send him a message. Yes, send him a

message and ask if he can spare 5 minutes

to chat about what he's

interested in so we can see what we can

offer him. And as soon as he tells us, I'll let you know

if it's okay to meet tomorrow

or on Monday. If I tell you it's the

project, then yes, I can present it to them

tomorrow.

Okay, thank you, thank you very much.

This, and well, uh, in these dexes, they

have these smart contracts that

work as liquidity repulses, right?

Um, I think we've already reviewed

a little bit about what liquidity

repols are, but well, basically

these liquidity pools have

evolved over time,

right? So, the first liquid pool that

existed was the normal and

traditional AMM, right? This has been

appearing in

the crypto ecosystem since Ethereum,

right? Since 2020-2021, if not

before, but I personally

met him more or less in those years.

Uh, and it means automated market

maker, right? The AM, the famous AMM, which is an

automatic market maker, right? And

well, what is this, right? Well, it's

nothing more and nothing less than

a smart contract that helps us to

provide that liquidity so that there is

a market, right? And

how does this work? Well, the

liquidity provider, that is, the user,

deposits uh a a in a parity, right? 50%

of the token, 50% of the other token. It could be

two volatile tokens, or it could be a

stable token and a volatile token, uh, or it

could be, I don't know, Solana and this and a

meme, right? Uh, but it's always

50/50. Why? Because that's exactly

how the traditional AMEMM works,

right? The automated market maker. Uh, and

through this you provide

that liquidity and thanks to, I mean,

thanks to you providing the liquidity,

you receive, right?, certain fees for

the exchanges that take place in the market,

in the market, right? So,

obviously if there are many exchanges,

then there are more gains, not more

faith, right? So, this is like the

basic concept of

liquidity repuls, right? That's how

liquidity repols began. Well,

then, as

the market evolved a bit more, these CLEMMS were born

, right?

CLMM, which stands for

concentrated liquidity market maker, right? And

well, unlike AMMs which

are a bit inefficient in terms of

capital and are inefficient because,

unlike a CLMM where you concentrate

liquidity, in an IMM you leave all

the liquidity distributed across

all possible token prices,

right? So, we're talking about it going

from zero to infinity, right?

So, as such, it's not very

efficient because you don't concentrate your

liquidity in a certain

price range, right? Instead, you deposit

the liquidity, and that liquidity is

deposited at all possible

token prices, right? So, that makes it

a bit inefficient. In

contrast, CLMS are much more

efficient because they help

liquidity providers concentrate the

liquidity they are providing in the

market at certain prices, thus

earning more commissions. The more

concentrated the liquidity, the more capital

you have to provide at those prices, and

obviously, you generate more revenue, right?

So that's basically the

difference between an AMM and a CLMM, right?

The CLMM is concentrated, it has certain

limits and you operate exclusively within

those limits, right? If it goes out of

bounds, well, what's going to happen is that you're going to

stop trading, right? You're going to

stop providing that liquidity because it's

no longer within your budget, right?

You decided those ranks, and since it falls outside

your rank, you no longer generate faith, right?

So, your pool is no longer working,

right? Your position.

And well, here we see a little

more of one of the images of how,

uh, you can get an idea of ​​how

the two work, right? So, if we

look at them in a graph in a more

visual way, uh, that's how it would be, right? A bit like

AMM, isn't it? As you can see

here, here's the price of the token,

right? So, the price, let's say the

price is fluctuating between 30 and

35.

But you deposit your liquidity in

one, right? In a normal mm. So, what

happens is that from 30 to

zero you're not using that liquidity

that you're providing, and from 35 to

infinity you're not using it either,

right? Because? Because you

're really just fluctuating between 30 and 35.

So, you put in $10, imagine

how much liquidity you're providing

in this little bit, right? Very little.

Because? Because those

$10 were distributed from zero to infinity, right?

So, it's not very efficient, is it?

This is what we mean when we say they

are not as efficient as

concentrates, right? Unlike the

concentrates, because here you can see

that it is indeed the same example,

the token price is fluctuating

between 30 and 35.

However, here we have, look, if

you notice, it doesn't reach zero.

Let's say it's like a 20 and here it's

like a 45, right? So, uh, the

liquidity is concentrated, and here where

the token is fluctuating the most, well, that's

where there's the most volume and that's where

you're generating the most, right? In

this price range. The good thing

is that you concentrated your liquidity

precisely in these ranges, and you're

taking advantage of your liquidity almost to

the maximum, right? Right now I'm going to

explain why DLMMs help you

take even better advantage of your

liquidity, right? You provide that

liquidity, right? But graphically,

this is the difference between

these two liquidity pools, right? Both

are liquidity pools. Simply put,

one

is now open to all

possible prices, and the other is

specifically concentrated in a

price range,

right? And well, here's a

little reminder that

market creation is like a business, is

n't it? In other words, providing liquidity is not

staking, nor is it

trading or exchanging tokens, no, it's not about

that. It's

more like a high-volume,

very low-

range business. Well, high-demand assets

tend to have much higher volume and

obviously help you have much more

profit, right? Much more profit.

And well, their assets are inventory

and they make a profit with a high

inventory turnover, right? So, the

more volume, the more

exchanges there are, the more profits

are made, right? In the liquid pulses

in general, because in any

market creation as such.

And well, this business of

market creation leads us to a

very interesting term called

impermanent loss, right? It's super

important that you familiarize yourselves

with this term, because it

literally depends on this whether you're going to

be profitable or

print money. But maybe with

impermanent loss, in English it's called

impermanent loss, in Spanish,

impermanent loss, well, this is what will

really define whether you're profitable,

right? And what is this, right? So,

how can I explain a

little more about

impermanent loss? Okay, look, let's

take a slightly simpler example

, shall we?

Uh, let's suppose we have a token,

right? We have a token and we enter a

liquidity pool when the

token price is at, I don't know, $, right?

And well, you put in, uh, I don't know,

the token and Solana, right? So,

since it's worth $ you have two coins, right? And

you have $10 in Solana. So,

you put those two coins into the liquid pool, and

the moment the liquid pool

starts operating, you start

printing, right? So, you print and

let's say you take out a coin, a

coin from the token, right? But in that

operation, the token devalues ​​by 50%,

right? So, what you put in, two

coins, when you leave you

only take out one coin, right? But

remember that you printed one

more coin. So, at the end of the operation,

when you close the pool, you're

literally left with the same two coins you started with

, right? And this is due to what? To

impermanent loss, right? Because?

Because indeed, you did

print one more coin, but since the

currency devalued, your $10 that

you initially put in for the token, well,

when you left it was still the

same $10, even though you printed

one more coin, right? So, you went out

with three coins, but since the currency

devalues ​​by 50%, that extra coin you

printed, well, the three

coins are still worth $10, right? In the

end you finished with a draw, didn't you?

And that's called

impermanent loss, right? Impermanent loss.

Now, pay attention, this impermanent loss is

very important, and we must emphasize that it is

called impermanent because that is

precisely what it is, right? impermanent. You

make it permanent the moment you

close the pool, right? The moment

you close the pulmonary valve, the

loss is gone and that's it, right? And it works the same

in reverse, right? In this case,

the token devalued a little, but

imagine that instead of

devaluing, it had appreciated,

right? By 50%, then you would have gotten

$1 for the token plus your Solana, right?

But it works, I mean, in the same

way, both going down and going

up, right? And it can be, well, an

impermanent loss or an impermanent gain,

right? But it's practically the same thing.

So, I do recommend that you take

the time

to understand the term a little more

. So here's a little

video for you. This one is in English, but I

should have it in Spanish somewhere.

Uh, I'll share it with you through the

WhatsApp group so you have it

handy, but I really recommend

that if you're going to be involved in

providing

liquidity in general, you

familiarize yourselves a bit with

impermanent loss so you can

actually be profitable, right? They can

actually come out ahead and not just break even

or lose, right? So,

despite printing, despite having

generated FIS, that doesn't guarantee that it's

actually profitable, right?

We really need to take

impermanent loss into account, right? Because that's

practically what this game is all about, isn't it?

To overcome impermanent loss with

the fees you

print. Okay, here are a

few more definitions. The TBL,

which is the total locked value, the

volume, well, we already know practically

what the volume is. Volume

literally means purchases and sales. That

is what defines

volume. Uh, volatility too,

we know what that is, right? In other words, when it

is very volatile, we know that its

price varies, from very high to very low.

When it is not very volatile, it fluctuates very

little on the graph. The sleep match is the

swipe, uh, it's at the moment when

you buy, well you put that

swipe so that

the transaction can go through even if

those few seconds change while you

're making the transaction,

right? So, that's the

slippage legacy, so you can

actually make those trades, even if

the price changes a little.

The price impact, or price impact,

is precisely when

someone buys or sells a large amount

of the token and it greatly impacts the price,

right? And the market cap, which is the

market capitalization, right? Which is one of the

most important things in

terms of tokens, isn't it? When

we are analyzing a token,

market capitalization is a very

important thing to keep in

mind. And well, we have types of

total value locked, right? We saw it here,

the total value locked. Uh, there's one

that's exaggerated, which is when the

whales just withdrew their

liquidity from the PUL and it seems that, well,

imagine, the PUL is now printing

much more. Because? Because the

big whale that was inside the

pool got out and withdrew its

liquidity. So, the little

liquidity that is in the pool is what

is generating the FE, and that's why

this number appears so high,

right?, of

999%. And the discrete total value lock is

when the whales have just

entered the pool. So, uh, well

now the FIS that were previously

divided into the few that were

inside the PUL, well now they are

also divided into the capital of the whale

that came in, right? So that's why it's

so rarely seen, right?

66% pun. But anyway, now we're getting to the

good stuff, right? That's what Meteora offers us, is

n't it? What are DL memmems, right? And it's

practically the same as a CL

memmem.

But here's the thing: the rates are dynamic, are

n't they? And besides being dynamic, they

allow us to accommodate liquidity within

the pool of certain, that is, with certain

strategies, well, it's not a

liquidity block as such like in

the other CL memmems, right? So,

literally, well, no, you can't

put a strategy in place, right? Instead, you

decide the ranges and you operate within those ranges

, but you put in a whole block

of liquidity, right? In other words, there's no

strategy in the arrangement, in

the distribution of that liquidity, but rather it's

simply a block within

those ranges and that's it, right? Now we're going

to take a little closer look at what a CLMM

and a DLMM look like, right? But

basically, with this image you can

get an idea of ​​how

liquidity can be arranged differently

within a price range,

right? In this case, this is a

strategy in CUR, because it's

a stable pair, the

USDT/USDC pair, and since it doesn't fluctuate much,

as we know they're always pegged to the

dollar, it's obviously

convenient for us to concentrate liquidity

in the middle, right? Because?

Because that's where it's going to fluctuate

most of the time. It will never be worth

more than and it will never be worth less than, it

will always be there fighting to

stay at. So,

as liquidity providers, it's in our best interest to

concentrate liquidity

right there in the middle. Because?

Because that's where it's going to

fluctuate the most, right? And remember that the

more it fluctuates, the more it

prints, right? So that's the purpose

of providing liquidity.

So, well, here with this

example, the strategy here

is precisely to concentrate liquidity at

the current price, right? In the middle, and

because we know that's where it's going to

fluctuate, right? But there are more

strategies, aren't there?

So it says here that DLMs

have some

additional functions, right? Zero slippage

or impact within the containers, and

implementation. I'm going to

explain what containers are right now. Uh,

implementing different

strategies, that's what I was just telling you

. Uh,

simple or unilateral liquidity deployment. This is

great. Because? Because it is, well yes,

practically the only platform that lets you

provide liquidity with a single token. In

other words, instead of normal AMMs or

normal CLMMs where you have to put in

50 of one token and 50 of the other.

Not here. No? Here at DLMMs, it

gives us the opportunity to provide

liquidity with just one token,

right? Without needing to buy the other

token or anything else, right? In other words,

just a single token. Well,

obviously dynamic pricing is a

huge plus, and there are

flexible strategies, right? Unlike

CLMMs, where there literally isn't

a strategy as such, it's simply about

choosing good ranges, right? Good

price ranges.

And well, as I was saying, I was going to

explain a little more about what

beans or containers are. Uh,

Meteora itself, if you look here, well, it

works through beans, right? Beans

means container in Spanish.

This, and that's how

Meteora works, right? In other words, Meteora

doesn't have anything, I mean, when

you deploy your liquidity

in a pool, it's not deployed like in

Orca or Radium, which is just

a block of liquidity, right? But

here it's divided into small blocks,

right? And that's precisely what's

called a bin or container, right?

small blocks, and we can see them

all here, right? Actually there are

69. Here you can see how many bins that

is. So there are 69, right? Uh, this 69 is

the highest number of bins one

can open in a single position. If you

exceed 69 bins, there's no

problem. So, yes, you can provide

liquidity in more than 69 bins. Uh, the

difference is that, well, there are going to be two

positions, right? So, Meteora gives you the

opportunity to open a position

with only 69 bins, right? There's no

problem. Yes, you can provide

liquidity with more bins, but it will

open in another position and

charge you another fee, right? Because?

Because in order for you to provide liquidity in

these liquidity pools,

Meteora charges you a 0.06% fee,

100% refundable at the end when

you close your position, right?

So, they're not actually

charging you anything; it's just

a fee for using their pool, right? Uh,

at the point where it's no longer even rent,

I mean, because they reimburse you. So

this is just so

you can leave your capital there, right? So,

that's what they support you with,

right? So, what exactly is a

container? No? Well, it's through

these containers that

we'll test liquidity, right?

So, unlike other

platforms, here it's like

literally opening small

pols, right? Because?

Because obviously not, I mean, the

BIN covers certain

prices and within those prices,

while it fluctuates within

that same BIN, it also generates FIS, right?

But what dynamic pricing consists of

is precisely that, in addition to

printing or generating FIS while it fluctuates

within this same BIN, when it jumps

to another

BIN, right? So that's where

dynamic fees come in,

right? Because? Because in addition to being

here fluctuating and generating fis, when it

jumps it generates more, right? So, that's kind of what

Meteora has to offer, isn't it? This

container system, right? Instead of

just one block, well,

dividing it into smaller containers

gives us the opportunity to

print more and also to apply a

strategy. Because? Because you'll be

able to define or decide how much

liquidity you want to provide in each of

those bins, right? So that's

the power of Meteora, isn't it? The power to

divide liquidity into small

blocks so that you can

apply a strategy to those small

blocks and obviously generate more

cash in the jump between

blocks, right? Between container and

container. So, I hope it's

clear what a container is, but

it's basically this, right? So, it's like

having a pool within a pool,

little pools, right? Within a

pol. And well, the passage of the

container or binep, right? So here it's

translated literally, but it's a bit

much.

Um, let's suppose, for example, here the

example is with a container size

of 50.

And well, precisely, what

defines this for us? Well, it's not that linear, is it?

I think the calculation is here. It is

multiplied by

1.0050. Because? Because the bin step is

50. If it were 100, it would be multiplied by

1.01, right? And that's what

the next bin is going to give you,

right? So what is this? What does

this refer to? Well, that's precisely

so you can calculate the size

of each of those

containers, right? So, how

much, I mean, from what price range will that

container with a size of 50 cover me, right?

To do this, here's

how to do the calculation, right? Let's say you

're at point 01.

Then, in order to find out how far

this bin will cover, you

multiply it, as I was saying, by

1.0050 because that's the size of the

bin, and it will give you the price range

where it ends, right? If you

notice, it starts here, and if it jumps from bin to bin,

the other bin starts at the other number we

put here, at 1237.

1237, right? So, that's how

we also get an idea of

how big those containers are,

right? Because obviously, the

larger the range, the wider the selection we'll be

able to choose from, right? The smaller they are, the

smaller the ranges we'll be able to

choose from. And why is

this important? Well, precisely because it will

define how concentrated the

liquidity is, right? Because, well,

if you take a wider binary step, you'll be

able to take wider ranges

and your liquidity won't be so concentrated

.

This, but you run less risk of it going out

of your range, but if

you choose a smaller Binstep, you're going to

provide

liquidity in a

shorter range and you're going to concentrate the

liquidity more and therefore,

if it fluctuates a lot within those

prices, you're going to generate a little more,

right? But that's basically it, right?

So, Meteora works with this

bin term, right? And obviously

we have the bin and we have the

size of the bin, right?, of the

container. And well, let's move on to what I was saying

about the FIS generation,

right?

This is the FIS generation, as I was

saying, that is, obviously when it's a Let's

see, let me see if I can

share or somehow

enlarge this image.

[Music]

And I think I can

see. I know

how. So that you can see these images

a little bigger and

understand me a little

better. There it is. Here it

is, isn't it? So here, here is what I was

telling you, right? This

binep, as you can see up here, is

much wider than these little

binsp below, right? So, they

're both good, right? Hey, if you notice,

in the space that fits one of

the big ones up here, four of the

little ones can fit, right? So, uh, the

difference is going to be precisely that, that is

, how much you concentrate the liquidity.

We know that obviously in these smaller ones

below it's going to be much easier

for the price to jump, right? Between bin and

bin, right? That will generate more profit for us.

However, you're going to have to

choose a

narrower, shorter range,

because at 69 bins you won't be

able to open just one position,

you'll have to open two. With this,

you'll be able to open a wider range

and you might not even need to open

two positions, just one, right?

So the difference will be how

much you'll print between one and the

other, right? In other words, everything will depend

precisely on the ranges. So, if

the

price is that high, then you can choose a

smaller Binstep, right? Because?

Because you can make sure it wo

n't go out of range, but if it's

fluctuating a lot, it's very

volatile, then I think the most sensible thing

would be to use a pool with a

wider, higher bind step, so that it does

n't go out of range

and you don't stop

trading, right? So, uh, I really

like to explain this photo,

yes, this image, uh, because it gives you an

idea, right?, of how you generate fis

in Meteora, right? And why are there some

pulls that give you more and others

that give you a little less, and they

also expose you much less to risk

or expose you much more to risk, right?

So it's also important to keep

this in mind, to

give you an idea of ​​what's up,

right? But this is also the same as what I was saying

about dynamic FIS, is

n't it? From Meteora, right? Remember the dynamic fi

, how do you say this? It

activates, right? It activates when you

jump bin, right? They realize

that this one

down here is going to jump much

more from bin to bin and will generate

more dynamic fis than this one up top,

right? However, this one above

will only fit about

four bins, right? But, like I

said, by concentrating

the liquidity a bit more with a smaller Binstep

, there's more dynamic fis generation

and therefore it might be

more profitable, right? Because? Because

you can print more, however, it

also exposes you to more risk.

So, it's going to depend a lot on the

token's volatility, right? For it to

actually be

effective. But that's basically it,

right? So, that's how Meteora works

through the containers,

right? And that's why Metiora is so

innovative, isn't it? Because

instead of just distributing the liquidity

by making a single block, it

divides it into small blocks, and you

can choose how big those

small blocks are.

And precisely so

you can define how much risk you want to

take,

right? And apart from all this that I'm

telling you about beans, well,

we know that beans are now

small blocks, so we're going to be able to

distribute liquidity within those

small blocks in different ways.

Because? Because that's what

dividing it into small blocks will offer us

, right? Not only are they

dynamic FIS, but

these small blocks will also be able to

store a little more liquidity

than others, and that

will allow you to choose a

certain strategy, right? Uh, basically there

are three strategies. Uh, the spot, which

is the traditional one, literally, if

you see a pull in orca, I mean

concentrated, right? A pull concentrated

in orca or radium, uh, that's

basically it, right? This is what you are

seeing. But instead of so

many little stripes, it's going to be one

blue stripe and one giant purple stripe, right?

Because? Because they don't work

through binans, right? Through

tiny containers, they work

through just one block, right? Through

liquidity. So this, but this is

the strategy that is used on

those platforms, right? This is simply

an even block of

liquidity, right? Meteora offers the same thing in the 10

MMS, but here you have

the added benefit that each of these

bins, each jump in these bins,

will generate a dynamic feed that will

probably generate more for you than on other

platforms by providing liquidity in

the same way, right? In other words, it

's practically the same way,

only it works differently

because here we have these

dynamic FIS. The other strategy is the one I

mentioned earlier about CURB.

No, this strategy is precisely one of the

riskiest because it's the one that

will expose you the most to impermanent loss,

right? Because? Because

you're concentrating your liquidity at the

current price, right? So, if this

current price starts to go down, you're going to, I

mean, practically sell

the largest quantity at the current price

and as it goes down you're going to sell more and

more as it goes down, well, no.

So, that's going to expose you much more to

cleaning me up in the... So,

let's say it goes down, I don't know, by 10%,

well, wow, a 10% drop and you're probably already around

here, right? And the largest amount,

that is, the largest amount of liquidity that

you provided, well, wow, it was already

affected by the impermeability in the loss, right?

Because you sold the largest quantity

at the current price and it went down, right?

Then, the token is devalued. So,

you're suffering from that impermen in

loss, are

n't you? Because? Because you

provided most of your liquidity in

that specific piece, and since it went down, well,

you already tested the liquidity,

so you're here with

this token thing and the rest of the other stuff,

right? So this strategy is

good, however, it's also risky, is

n't it? It's very, very risky, but there are

ways to use it, right? Yes, I've already

seen it and it's interesting, somewhat

decent, interesting, to be honest. The other

strategy we have is BSK, and the

truth is that for me, this is the one that

has propelled Meteora to where it is today

, right? In other words, this strategy is

excellent. It's great. Because?

Because it protects you from impermanent loss.

That is. No, exactly. And literally

as much as it protects you, it

also benefits you, right? In case,

let's say the price goes up

instead of down, well,

you practically start selling

small amounts, right? And it

increases as the

token price increases, right? The

token's appreciation.

So, that

gives you a little more performance, right? It

gives you a bit more of, well, impermanent

gain, right? Impermanent gain, isn't it? You

make it permanent when you close the

pool, but it will give you more

impermanent profit precisely because of that, because

as the price goes up, you

are selling a little bit of that token

until it reaches this point.

Imagine, you get this far, well, you're

selling all this little bit here,

probably 50% of your liquidity is

concentrated here, right? In this little bit

here, the other 50% is concentrated in

all this over here. So, if the price

goes up to this point, imagine,

you're earning much more. Because?

Because the strategy you're

using is making you earn more,

right? So,

uh, this basically works like a

DCA, but stepped, right? In other words,

as the price goes up, you

sell more and more and more

. And vice versa,

as the price goes down, you

buy less, more quantity, more

quantity, more quantity, right? So that

protects you from the Imperman

loss, right? So, in my opinion,

honestly, my star strategy for

all Meteora is the one-

sided Vidask, right? We're going to look at it now because it's one

of my favorites, but One-

Sided Lives is

awesome because it protects you a lot from those

dumps, right? I mean, we know that here in

the world of the "yes" people,

the meme coins people, well, they tend

to go down in price, right?, quickly.

So, in this way you

protect yourself, right?, from those

rapid drops. Hey, and I'm telling you, I mean, as long as

you don't close the pool, well, yes, you can

suffer an impermanent loss, but it's

impermanent, right? Until you close it,

then it becomes permanent. So,

if you wait and it goes up again

, then you go

down, generate fis and go up again and

you come out, look, with pure fis,

right? So, you stay in your lovely little sunny spot

and go out with just a bunch of

guys, right? So, this strategy

for me is like the star here in

Meteora. And well, we also have the

opportunity to stack strategies, right?

Staking strategies, right? As? Well

, literally, just like that. So, you open

a position and if you want to open

another one on top of it, you can do it,

and with a different strategy too, there's no

problem, right? So, for

example, here's an example where,

uh, a spot was inserted first, right? You can

see that below there is only one block of

liquidity and on top of it they put a curve,

right? Concentrating liquidity here.

So, this also allows you to find

your

favorite strategies, right? In other words, experimenting to

find good strategies to

provide liquidity and get the most out of it

, right? According to your analysis,

right? But it's interesting that

once you open a pool,

you can continue staking strategies, is

n't it? I mean, the truth is that it's really

good. What I use a lot is a

spot and a vidask, like this, but

complete, right? And what it does is

give you something like this, but it gives you one

more layer above the spot and then the rest

is like Vidask, right? So what

happens when I do this? Or

why do I do it? Well, precisely because

I know that the price might also

fluctuate here in the middle, right? And since I

have very little liquidity provided here in

this little bit of the middle, well, with the

spot

I even things out a bit here, and if it

fluctuates here in the middle, well, it doesn't

matter because I've already put a

little bit here and I keep

generating good faith, right? So, this

is also good for stacking

strategies,

right? And something that is very, very important

to

mention, I mean, if they are already in the

MMS, in the

traditional liquidity pools, well, we know that

the traditional liquidity pools

balance themselves, right? And that's precisely why

you have to put in 50% of one token

and 50% of the other token so that it can

be balanced all the time, right?

And the truth is that this is good because it

protects you to a certain extent from

impermanent loss, but if

both go down or if the good thing is the same, right?

Conversely, if both go down or both

go up, then your capital

also goes down quite a bit, right?

When using DLM, you're basically

swapping the pair's assets as

the price moves from one

bin to another, right? So, for

every exchange that takes place within

the group and within its range, it will generate a

faith, right? So, we basically have two

ways to generate

profits, right? To achieve a

positive resale on the

losing Imperman, that is, to beat the losing Imperman

or achieve a positive return on the FIS,

right? Those are the only two ways

we can profit from

DLMMs.

Uh, and well, it's

also very very important to know how to set

supports and resistors.

And we also know that

price events, such as

developer sales or political events,

are also important to

consider when you're providing

liquidity in DLMs because you

operate within a single

range.

And well, let's scroll down a little

more. There are quite a few

tools you can use

to do liquidity polls in

a better way, right? Uh, the

main ones you have to learn to

use are the on-chain

tools. Uh, and what does it

mean that they're on chain, right?

It chains, literally so that it

can visualize the

information that is on the blockchain.

That's pretty much it, isn't it? So, Dex

Screener, well, this literally

tells you that, right? It's a screener of a

literal Dex, meaning you can visualize what

the dexes are like, right? That's what

bubble maps are; they graphically show you

the distribution of the

token. The rook shows you

important information about the developer, about

the token in general, but

important information to see to make sure it's not

going to be a rug.

GMGN. Wow, the truth is I didn't

use it, I used Deck

Screener more, but once I learned how

to use GMGN, wow, this is a super

tool, I mean, you can see everything,

everything, everything, everything, everything, you can

see everything here in GMGN, right? So, I

also highly recommend that

you learn how to use GMGN. It looks a

little more complicated, but hey, it's a

really, really good

tool. And well,

something that really catches my attention about

Meteora specifically is its community,

right? It has a really awesome community

. Well, the truth is that everything

I've learned is through that

community. Well, not all of them, but

most of them, to be honest. And besides

having a community that's there to, I do

n't know, detect

opportunities, to answer questions, they

literally run bootcamps to

teach people for free how to use

the platform and provide liquidity in

DLMs. In addition to all that, this same

community is dedicated to making

tools, right? And tools to

literally print more, right? Print

better.

So, well, to be

honest, there are a lot of tools, I mean, I do

n't think all of them are

here right now, right? But

here I leave you a small page where

you can see the tools that I

have seen and put in this list.

This is a Metlex that helps you see

your NLP, right? Your profit on loss, that's what it's

called. and how much you gained or how

much you lost. Uh, once you close

the pool, it's still a pool search engine.

Here you can find great

opportunities within this

platform. This is a website

and the profit analyzer from Geeklad. You

literally don't need to keep

track of how you've done in your pools here

because there's no need, right? So,

everything is on the blockchain, and what

this tool does is literally give you

a summary of all your positions, and

there you can see if you've won,

lost, or broken even, right? And they

show it to you graphically. This

tool is really great, isn't it? Metl is a

platform that shows you the

best wallets that

are creating liquidity pools in

Meteora, right? That is, specifically in

DLMMs. So, this will really help you

find and

study wallets that are good at

providing liquidity, right? Whales and other things.

This platform is great for that.

This is literally a looker to

find good pools in

Meteora. This is an

advanced tool that is literally

DLEMS automation. So, you

tell this tool, "Hey, I want you to

have the pull at 100%

," right? So, if it goes out of range,

the same tool

closes it and reopens it so that it remains

within your range,

right? And listen, this platform also

works with Orca, or I don't know if it already does, but they

had plans to also work with

Orca, right? Then it's also

delicious. And like these, there are

more, right? So, here are some others that already

use AI, right? Meteor is great because

literally as soon as you open a pool,

you click a button and you can view

your ranges, you can see your live NLP,

this Ultra LP, you can see your live NLP

in different wallets, right?

This one from Ultra LP is also great, it's one

of my favorites. Uh, Star Seed is

literally a "here I have it"

dashboard

where you literally have everything you

need to provide liquidity,

right? You don't need to switch to any

other page, do you? You don't need to go around saying "oh,

the pool," "oh, here," "oh, I don't know

what," no. Jupiter. Everything's here, right?

Here you can see the positions

you have open. Here you can search for

pulse opportunities in 5 minutes, in

one minute, in 10 minutes, in 2 hours.

Hey, you want to see a graph? Paste

the contract here and you'll see the graph. Hey,

here are the indicators from the graph as well

. Here you can see what's being

traded, right? In other words, maybe there isn't

an open pool yet, but

you can identify what's good for

opening a pool and then open the pool yourself. This,

literally, no, everything you need

to provide liquidity in Meteora

by doing DLMs is here, right? And what

I like is that it's 100%

configurable, right? So, if you want to

remove something, move something, put something in,

you move it and make it big or

small, however you want,

to your liking, right?

You literally create your dashboard to operate your

way, the way you

like, the way you feel most comfortable,

right? So, this is another

tool. Oh, and more have come out, haven't they?

So, there are already bots, right? I have

n't updated this one yet, but there are even more

bots now. Hey, there's Soul Decoder,

the very famous Soul Decoder, a great

bot for automating your DLMMs. So,

you literally tell this bot to, you

configure it to look for opportunities,

and it starts searching like crazy for 247 without

you having to do anything, it enters and exits

pulls without you lifting a

finger, right? I mean, this one is really

good. Cleopetra is a

Telegram bot that operates DLMs for you. I mean,

you're literally saying to him, "Hey, I want you to

open a P here for me, right?" And it also

opens the Pool for you, and that's it. So, you

tell it, "Hey, if you're making a 5%

profit, you exit and close the position." It exits and

closes, right? So there are some good

tools, right? I forgot to

update this here, but we also have

copy DLM positions, right? I mean,

literally, if you find a wallet

that's really good for putting DLMMs into with

these bots, there's one on Telegram,

like this one from Cleopetra, there's another one that's

a website that also

works really well for viewing wallets, seeing their

movements, and studying them,

literally even live, right? I mean,

if you know someone who has a

wallet you found that's doing

really well with positions, well, if

you want to study it, you can

, right? I mean, you can see the pulls they

have open live and see

what strategies they're using, how they

exit, if they rebalance the liquidity,

if they go back to the... you can see everything. So,

the tools that have been

coming out in Meteora, the truth is there have

been so many, right? I mean, I've been

on this Meteora journey, what do you

like? 8, 9

months. And well, I remember, I mean, when I

first started, neither this one, nor

this one, nor

this one existed. I think this one already existed, this one

already existed. This one also already existed. This one

from Gigl too, this one didn't. Um,

neither of these two existed, none of

the other bots I mentioned for

copying existed. So, I mean, it's

an ecosystem that's constantly

developing, right? And they're always releasing

new tools to improve, well,

yes, the user experience, right?

But anyway, moving on to the next thing, something

that's very, very important for you to

know are the indicators, right? The

indicators we use to do a

bit of technical analysis and be able to

detect good opportunities to do

DLMs,

right? In this case, I included these three, which

are the most important ones: the

RCI, the MACD, and the volume profile visible

range, right? I'm going to explain one of them to you.

One by one. The RCI literally

tells you when a token

is oversold or overbought,

right? So, almost always, when

you see the RCI above 70, it

means it's overbought, right?

It's here above

70, right? This is the 70 line, this

is the 30 line. If it's

hovering around 70, it's very likely that in

the next few seconds or minutes there will be a

correction, right? A drop, right?

Similarly, if it's down here

at 30, hovering around

30, it's very likely that at any

moment there will be a pump, right?

A rise, right? So, this is

practically what this indicator tells us. In short, there's more

information here, but this

is how the

RCI works. The MCD literally shows us the

trends, right? It shows us the

trends and it also shows us the

volumes, right? The

volumes and... It's not just the volumes,

but the profit volumes, right?

This means a pump, right? This

volume here. Why? Because it's a

green volume. When it's a red volume, it's

a negative volume; the

price literally went down, right? When it went up, it's

here. Um, the trends—literally,

these two lines show you the

token's trend, right? If you see them

both going up, the chart is going

up, right? If you see them both going down,

the chart is going down. And pay attention, every

time they come together, it's a

trend change, right? You can see it here.

Every time they come together, boom, green; they didn't

come together again, red; they came together again,

green; they come together again, red, and that's how

trend changes are, right? So,

these two indicators

can really help us

predict,

give us an idea of ​​how

the token's chart is going to behave, and based on

that, define

strategies to provide liquidity in a

much more efficient way than just

a liquidity block.

Right? And finally, the profile, the

volume profile visible range, well, it

's literally a

histogram of the volume, right? The volume

on the chart. Each of

these blocks, right?, that you

see here, one purple and one blue, well, one

tells us what the buys are and the other what

the sells are, but it's the volume,

right? So it's also important

because obviously we're

hunting for volume, right? Without volume there's no

FIS, and if there's no FIS, then there's no

profit. So, we're

going after volume, right?

Why? Because volume is what

will define how much we print,

right? So remember that we

try to beat the impermen in the

FIS, right? So, if you don't

print much, you probably won't be able to

earn much either,

right? So, it's also good to see

how the volume has behaved on the

chart so that you can also know

where it's good to provide liquidity,

right? This one is also

really good. The three indicators are

, I think, the most

important for doing

technical analysis and defining

good strategies for providing

liquidity in

Meteora. And here's

another indicator, right? It's a

Discord bot, what's it called?

Created by Gusdow, literally just

so you can do a quick scan

of the market. You

can find it on Discord, and if you do

n't know how to use it, here's

also the tweet that explains

step by step what each thing is and how to

read it. So,

this indicator is also really good for getting

an idea. If you wake up

wanting to do DLmMs, but you don't know how

the market is, well, you just

ask this indicator, and it

will tell you how the

market is. Whether it's a good idea to start

providing liquidity right now or if you

should wait a little

while. And well, here's a One of

the strategies we

recommend, uh, is, for example,

this is the one-sided one, right? A Vidask

one-sided, right? The famous Vidask

one-sided. Uh, this, personally, I'd

say, is my favorite strategy

because it gives you the opportunity to provide

that

liquidity, uh, without needing to buy the

other token, right? And with a strategy

that protects you from Impermanence.

So, if you don't buy the token and the

token devalues, well, great, you're

providing that liquidity so that it

devalues, and when it appreciates again,

you exit and generate, right? And you

simply aren't affected by Impermanence,

and you printed, right? You go

home with your

fees. So, this is personally my

favorite.

And this is a spot layer plus a

one-sided

Vidask as well, right? As you can see

here, it's a spot layer and Vidask

on top, right? If you notice, uh, the

spot layer is

simply here on this token, right? In

Solana, he put the Vidask on both

sides, right? If you notice,

this one has a bit of a Vidask shape, but it does

go up, right? Here it's lower,

here it's higher, and here it's the same, right?

He possibly put a large

, wide spot layer here and added the same

Vidask he added here in Lucy,

but in Solana, it's like toothpaste

, right? Or

toothpaste, because it looks like

toothpaste. This one is also really good.

I like to use this when I have

the token and I

want to sell, but I don't want to sell right away

, I want to keep

printing. I like to use this one, right?

And what I do is I put in a

layer of spot tokens and on top of that I

add a Bidask, and that's how the

toothpaste strategy works.

And then there's the normal BDASK, right? Here there's

nothing else but

double-sided Bidask, right?

We put it on both sides The Solana and the token, and that's it

, right? I mean, we open it in Vidas,

and this is what it

opens for you, right? But they're all there, the truth

is I've used them all. This is the one I

've used the least, it's kind of

weird, but this one is good. Um,

this one too, and this one as well. These three

are the ones I like, mainly

this one because it's the safest, right? And the

truth is I've seen a lot of

whale wallets that only trade

this

strategy, nothing else. I mean,

obviously these whales

put 20, 30 Solanas into a position like this,

and the price fluctuates, goes down,

and they take those coins, and when it goes up again,

they close it and that's it, right?

So, I'm telling you, this is like

Meteora's star strategy.

Here I'm also leaving you

a guide to multi-day positions, which at one

time were a very good idea.

After Trump's launch,

the market kind of changed a bit, and it's not such a

good idea anymore to try to do it. DLMMs,

uh, I mean, the same holding for several

days, right? Uh, because, well,

the tokens became a bit more

volatile, right? And not so

durable, but it seems we're

already at that point where we're going back to

these multi-day positions, right? Let's

see how it

evolves. But yes, this is it, right?

Basically. And well,

this is practically Meteora, right?

These are the

DLMs. I don't know if you have any

questions. Let me see. I don't

know how to view the chat. Here it is.

Uh, Orca works with SoloM, right? Look,

Orca also works with CLMMs, right?

The ones I mentioned that are

concentrated. Uh, Orca also gives you the

opportunity to concentrate

liquidity, that is, to set certain

price ranges and operate exclusively within

those ranges, right? Orca

also has CLMMs, but in the entire

crypto market in general, not even in

Ethereum, neither in SUI nor anywhere else

, has DLMs like here in

Meteoro and Solana.

So

, what happens when it goes out of that

CLM range? Well, there are two possibilities, right? If

it goes down, you're left with

only the token, and if it goes up,

you're left with only Solana, and

absolutely nothing happens; you simply

stop generating fis, right? I mean,

if it goes down, you're left with

just the token and you stop generating fis.

So, if the price keeps falling,

your capital is being significantly devalued,

and you're taking a big hit from the

Impermanent losses. However, as long as

you don't close the position, if that range

returns—that is, if the token's

price goes back up and it returns to your range—

you'll continue trading, you'll

continue

printing, but as long as it's not

within the range, you wo

n't do anything; you won't

pretend you're just holding the token.

Basically, well, that's the way it works.

Let's say DEXs are

crypto banks, right? And you're providing

that liquidity for the crypto bank to

operate, right? Jupiter, for example,

Jupiter isn't a DEX, right?

Jupiter is a DEX search engine, right? You

say to it, "Hey, Jupiter, I want to

buy." Okay, let me search all

the DEXs to find your best offer. And that's what it

does, right? It goes and searches all

the DEXs to find your best offer and

brings you the best one. There you go.

Look, you get so many offers, you click on them

and buy, right? But Jupiter itself

doesn't have liquidity; it doesn't go to

the liquidity pools of the other

crypto banks, where the users are the ones

who provide that liquidity for it to

function.

[Music]

How long is it advisable

to stay in a liquidity pool? Well, it

depends, yes, it completely

depends on the token,

mainly. Um, but well, to be

honest, with

how the market has been these last few

months, like January, well,

I don't take

very long positions, you know? I mean, I've rarely

left a position while

I sleep.

Yes, I have, actually, and sometimes it works

out really well, but sometimes it doesn't work

out at all. So, it's quite

risky to leave them for more

than 4 or 5 hours, right?

Lately, I've been trading

positions that literally range from 2

minutes, one minute up to, I think, 2

hours, right? But most of them are between

5 and 40 minutes; I don't even go for an

hour.

How useful is the LP agent? Wow, that

's the tool I was telling you about that's really

great, really great. It's super useful,

super useful. And why is that? Well,

literally because it opens the door

to visualizing any wallet you

want and understanding specifically, I mean, word for word,

what

the person is doing, right? What

strategy are they using? For

example, here, besides

giving you the opportunity to visualize everything

about the wallets, it also has its copy DLM

position, right? More than anything, I don't

recommend it yet because it's still in beta, it

has bugs, right? And I was

waiting for it for a while, like

a week and a half, two weeks, and I

have a very good win rate, right? I mean,

a win rate of 64. I was supposed to

have some profit,

however, since it's new and there are some

adjustments and it's in beta and all that, well, the

truth is that I didn't win anything, right? I mean,

on the contrary, I lost, right? I came out a little

less, I put in like a Solana and I was

waiting with point 2, point 3. And yes, I

mean, I have a win rate of 64.38, 38 is

great. I mean, any win rate

of 50 or higher is great. 64

is great, right? 70, awesome. Well,

no, however, even with that win rate, I didn't

generate anything, right? And it's precisely because of

the fees this platform charges,

right? Uh, it doesn't charge a

membership fee, it doesn't charge anything, it just charges you every

time you log in and every time you log out,

right?

Why? Because it was providing the

service of letting you

literally copy a wallet, right? And if you

want to study it a little more, here's

where the structure of the fees it

charges and all the documentation is, right?

But the tool is great,

great, great, just because it

lets you view the

wallets, right? I mean, I'll give you an

example.

I have a wallet here. Oh, it's not here, is

it? I have it here. Let's see. I

have one here This wallet is a

year old, right? And I really

like

showing you this wallet because it's an inspiration to

me. It

inspires me to achieve

this, you

know? Why? Because if you look at it, it's not

far from my win rate. It's

not 67%, mine is 64%. The

difference is that this guy

has opened and closed 4453 positions

, but he's 2240 soles ahead, right?

In profit.

And I really like this example because

this guy started trading on

May 26th, a year ago, right? I mean, this

person, this wallet, started trading a year ago,

and you can literally see here

how it started on May 26th, and up until,

look, around October 2nd, it was still

losing money. What's the big deal

? It's not going to work. Yes, I think it was,

right? I don't know.

Your microphone, Marco.

So, here you can see the

process or the learning curve of

this wallet, this person.

This wallet operated, right? It was losing money from May

to October, right? I mean, -2

Solanas, -2, -3 Solanas, -8 Solanas, -7, -8, -7,

-8, but it never stopped trying, it

never gave up. This guy didn't quit.

He kept trying, kept trying,

kept trying, kept trying

despite the losses, despite being

down eight or ten Solanas, until it started to

recover, right? And it started to recover and kept

recovering and didn't stop

recovering, right? To such a degree that

I think 2,240 Solanas

would change the lives of any of us

here. So, I'm telling you, I really

like this example, I really like

this wallet because you rarely see a

wallet that operates for so long, right? And

with so much capital and so much profit,

right? So, this is a prime

example of what can be achieved with

DLMMs, right? I mean, Starting with minus 10

Solanas and ending with plus

2230 Solanas. That seems

crazy to me, right? So,

yeah, the

LP Agent tool is fantastic.

And if you don't have a way to get

in, I'll give you the

referral link here. The truth is, they

only let me invite three people

a day, but if someone logs in,

if someone

gets on the platform, I

can give them my referral link

too. And that's it, right? But

I can only invite three people a

day, okay? But yeah, it's a fantastic, fantastic

tool. Um, you can save the

wallets here and then continue studying them later

. Um, but yes, here you can

literally track all the

DLMM positions. Um, let's see, what other questions do you have

here?

We have access to that tool. Where

are all the tools? Yes, you have

access to all of that. This page, in

fact, the one I just showed you

about

Meteora, from the Bootcamp, This page

is on

Discord. Right here,

look.

Oh, here it is, here it is.

So, all the information that

I've presented here,

all of that is available on

a website, and you can go and

study it whenever

you need to. Wow, thank you very much, Roba.

Yes, yes, yes. Actually, it would be a

very good idea if you could

tag me in an

Instagram story or on X, right? Wherever you

feel most comfortable, and just

tag me so I can

share it too. What

percentage profit do you get on average

during your investment time? A

time of 5 or 40 minutes? It will depend

a lot on the token, I mean, this is

100%. The percentage profit

depends a lot on the token and the

strategy you use to open the

position.

100%, 100%, 100%. No, this could be a

very volatile token with a lot of volume, and

literally in 5 seconds because, I mean, it's

easy to see several I've done it a few times, in 5, 10

seconds you've already made 5%, right? And you

exit and that's it, 5%,

awesome. So, I mean, it's going to depend a

lot on the strategy and the token you're

opening the

position with.

Can you share that W so we can analyze it?

Sure, I'll

share it with you right now. Let's

see. Ah, it's

here and I'll leave it on the

Zoom so you can see it.

But, well, this is basically it,

right? Basically, these are the DLMMs. I

highly recommend that you study the

page that's on the Discord.

[Music]

Read everything well, investigate,

understand very well what the impement

loss is, because really, that's what will

practically determine whether you like

the DLMMs or not, your ability

to understand Inferno, because

if you don't understand it, you'll

feel like you're just losing,

right? So, the point is To understand it, to

have that capacity to

understand the impermeability in the

EM

and nothing, to just keep at it, keep at it. I mean, ultimately it

's very difficult to understand it

theoretically, but once you get at it, once you

experience it, once it happens to you

and you suffer and you understand the empire, you

understand it, right? You start to understand it.

Uh, unfortunately there's no shortcut, I mean, there's no

way I can

explain more about the impermeability in the EM,

you have to suffer it, no matter what, to fully

understand it, right? I

mean, I can't

prevent that

fall, but it's

part of learning. And

well, something I'd also like to

share with you is a

liquidity pool, a type

of liquidity pool that Meteora just launched

to contribute a little

more. Well, the truth is I'm not even

sure yet if it works like this,

because it's new, I mean, it's literally

in beta, right? And and and when you open

the position n tells you, "Hey, watch out, this

thing is in beta, don't put in too much

capital, okay?" I mean, don't get too

attached, okay? But these are them, right? These are

practically the ones.

Meteora, as I said, works

through Banins, right? So,

even the normal Meteora mss

work through beans, right?

So, thanks to these bins, the

traditional AMMs that are in Mora, uh, well, they

also handle dynamic rates,

right? So, in Meteora, AMMs aren't

called AMMs, they're called DAMMs, right?

Because? Because they're dynamic pricing, but with

commemoration, right? So they're called

DAM

DM because the fare is dynamic thanks

to the BIN system, right?

But they just released

version two of

the dynamic AMMs, right?

Dynamic AMMs, right? And that's precisely something I don't know if

my colleague

José, José Tobar, is around here. The truth is that it's

been quite a journey teaching

José about DL mems because, I

mean, José has become

completely obsessed with Meteora, hasn't he? I mean, I

think he liked it as much as or even more

than I did, right? Meteora. So, just

two days ago we were

testing these pulls and I

honestly didn't get a very good

profit from them because I didn't really

understand them, right? Yes, José

has indeed achieved very good results.

We're talking about him putting $0 into a pool the

other time, that is, he bought point

two of Solana from one token and put

the other point two of Solana into one

of these pools.

And literally with those $40 he printed

100

$10 plus the token appreciation, right?

So, we're talking about

him getting two Solanas with point four Solanas, right? In other words,

it converted one Solanas point into two Solanas

in a liquidity repol. I mean, we're

talking about a

BCC, I mean, it's crazy, crazy,

crazy. So, uh, not even in the

DLMMs, I mean, and we're talking about

what you like, 15 minutes, 20 minutes, I

mean, not even with DLMMs do you reach

these, these, well, these, right? These

results. And that's when I said, "No, well, it ca

n't be possible, how come I

'm not doing

this? How is it possible that I haven't

learned this?"

So, well, we're not

late at all. Uh, just at LPRM we

were seeing that nobody

understands them, nobody knows how they work,

but we took it upon ourselves to

literally go into the

docs section and start studying

the dams, right? Here is all the

information. To be honest, I've already

read it about 10 times, it's

very ambiguous, it doesn't explain much,

but I've already found some logic in it, right?

And Meteora, the truth is that I tell you,

I consider Meteora one of the best

protocols because it takes great care of the

ecosystem, right? In other words, it takes great care of the

community, it takes great care to ensure that it is actually

something beneficial for everyone, right?

This, unlike, for example, I don't know,

Pump Fund, right? Seriously

, how many tokens are released in Pump

Fund and how many are roughed up, right? And what

has Pump Fund done to prevent

Rooks?

Nothing, on the contrary, they opened their own and

nobody can provide liquidity in them

except them, right? So, well,

Meteora is trying to

compose, right?, a little bit

of what's out there in the

ecosystem. Uh, and he's trying to

do it through these polls, right?

Version two, right? And how? I mean, they're

going to ask me, "Hey, but what's up?

Like, how?"

Okay, I'm going to explain a little more

about how they work, right?

These two have these two types of pulls.

The truth is that I've only opened

this one, I've never opened this one before, but I

want to try it out, right? But

basically, you choose the token here, I don't

know, whichever one,

Griffin, whatever,

Consolana, and it tells you more or less the

price it's at right now. You

can check it,

put it on, and that's it. You add it, what's more,

look, if I have a little bit, I'm not going to

put it in, but I just want you to see the

example. And here you'll be able to choose,

right?, more or less how much you want

the feed percentage to be charged

. Do you want the pricing to be

dynamic or not?

And

this also gives you the option of how you

want to collect the profits,

right? So, how do you want to collect the fees you generate in

that pool? Do

you actually want

to collect them in the token and Solana or

just Solana? No. So, the

truth is that I've always chosen nothing

but Solana, I almost never want the token, I just

want Solana. This gives you the

opportunity for this, right? And this is

where it gets interesting, isn't it? What's

this fish scheduler mode thing, huh?

So, what's the deal with this? No, well, you know,

I didn't understand it, did I?

Until I opened several pulls and it wasn't giving me

fis and I said, "Ugh, why the hell is

n't it giving me?" Why can't I get it working,

but José got it done in 15 minutes

? In other words, why, what is it

based on? So I opened

Pulsumen, I opened Puls with not

much volume, but it does go up and it does

generate, but well, 2 or 3 dollars plus

the token's accuracy and that's it, right? That's

when I started trying

to find some logic in it,

right? This is about the fe scheduler mode, right?

So basically what

these pulls do is, besides giving you the

opportunity to lock

liquidity in the pool forever and

always generate cash because you have the

liquidity locked there forever, it also

helps the ecosystem by preventing

snipers and rock pullers.

Because? Because when you open a

token with these

pulls, at minute zero, if someone

wants to buy a large amount of the

token, it will charge them 50% of the

price. He's not going to charge you 50% of your faith.

So, obviously,

paying 50% faith is not going to be attractive to any sniper.

However, whoever is willing to pay

50% of the fi, you will get that 50% of the fi

for having opened the pool, for

having it, moreover, not even for having

opened the pool, because to open

these pools are free, they don't even

cost you to open them. What costs you is

putting in the capital. That one is a

little pricey, not too much really,

but it doesn't even cost you to open the

pull, right? So you're going to take that 50%,

since you're the one

prohibiting liquidity, you're going to

take that 50%, right? This

minimizes the risk of snipers and

rock pullers. Because?

Because the moment someone

wants to buy 20% of the token,

well, yes. Okay, fine, buy it, but you're

going to pay me 50% of the FIS, right? And that's what

happened to

José. José happened to have one

or I don't know how many snipers, but they

sniped the token, he charged them 50% of the

fee, and when they dumped the token, when they

wanted to dump it, he

charged them again, I don't know, maybe it

wasn't 50% because it wasn't at

minute zero, maybe it was at

minute 1, what do you like? I don't know, 10, right?

So he charged her 32% again, didn't he?

So, this is what's happening

with these PLS, right? This is what's

happening with these Damms

version 2, right? And if you notice, it

gives you up to 2 hours,

right? 2 hours and point 25 of

fis ends, right? So what is

causing this? Well, this is causing

organic growth in

tokens, right? In memes. Because?

Because it prevents snipers from

grabbing 20-30% of the token and then

selling it all in 5-10 minutes,

killing the token, right? So, this is what's happening, this is why

José was able to

make a five-for-one in a

traditional liquidity pool. It wasn't even a DLM,

not even a concentrate, I mean, this is

crazy, isn't it? That was exactly

why, wasn't it? So,

unfortunately, in the pools I've

opened, there haven't been any snipers

or rook poleers

willing to pay these amounts of FIS,

right? So, I haven't generated that yet,

but if

there's a

brave soul who wants to try and raid

or snipe the token, wow, that's awesome, I

want to be the first one in here

. No, like I said, if it doesn't happen, if it didn't

happen in the first 2 hours,

then nothing happens, right? You can continue

providing liquidity like a

normal pool, and you'll just be generating

your dynamic faith, right? Like a DM, a

normal DAM, right? But this version

two does exactly that, doesn't it? In

other words, to guarantee that there won't be any

snipers and that there won't be any rook

pullers. And if there are

liquidity providers, they're going to benefit from that

guy wanting to snipe and rupul

the token, right? So, to be honest, I think it's

a game

changer. Hey, I'm telling you, little alpha sturgeon.

In other words, we're talking about the fact that not

even the mythical Potato from LP Army has been

fully understood by anyone. No,

I don't

completely understand it either, but what they're

trying to do makes sense to me because once you

read the documentation,

that's exactly what it says, right? So,

in this way, they prevent

Rugpuls from appearing, right? And that the

token growth is more

organic and beneficial for

everyone, and that there aren't those bad

experiences where you buy something and then they

dump the token right in your face,

right? But what do you think? What do you think of

these pulses? Tell him, does anyone have

any

comments? Uh, but then they didn't

take these pulls, they know that he's going to

charge them this way. Well

, they should go to a

regular pool. and buy the large amount

of token in that pool, right? Well,

the truth is no, I've never

sniped, I don't know how they work, but

snipers, well, I don't know how they work,

but if they somehow manage to

buy from this pool, well, they're

screwed, right? So, if you're

going to charge them 50% of FIS from minute

zero and you're going to take it,

right? That 50% of FIS, right? But I find what

the ecosystem is contributing very innovative and interesting, so that it's not

something bad, right? Something that creates a bad

experience for

users. Yes, that's exactly what I've been

doing, isn't it? I put in a little bit,

don't think I put in a lot. Point one,

point two sunny spots. Obviously you have to

buy the token, and how, like a

normal pool, right? Normally,

you have to buy the token, put in 50

and

50 em and that's it, you leave it there. Um, wait,

wait, this doesn't mean that just because there's

an open DAM version 2,

the token isn't going to die, right? Not at

all, no. Uh, we've, well, what I

was noticing is that lately there have been a

lot of slow rocks, right? So, they

gradually sell them, but eventually they

sell the entire token, right? So,

unfortunately, that can't be avoided, but for the

rook pools and snipers, well, they're

already lost, so we have

a little more protection there,

but yes, I mean, the truth is that I

found it very interesting and I mean,

I'm sure there will be

quite a few snipers and quite a few

rook pullers who won't know

much about these pulls and you can easily get your two or

three in a liquid without any

problem, right? So, it's

worth exploring these opportunities as well

, isn't it? Nothing more than the DL

mems. Uh, the dynamic pols here from

Metura, the truth is that I haven't

used them much because there aren't many

tokens, I mean, not all of them are here, there

are actually very few of them around here

.

This one, then no, the truth is that I have

n't used this one much, the dynamic

pols, but I do see a lot of

potential in this one. So, well, I'll leave you with

the information about this one of

these police. And with caution, very

carefully, it's still in beta, even

Meteora can have bugs, even

Meteora can make you lose

money, so just be

careful, right? And without adding too much

, right? I'm telling you, the same guy

tells you when you're about to open the lab, he says,

"Hey, watch out, it's not in beta, don't put too

much in."

So, well, I didn't want to

show you this Dynamic Pool version 2

because I find it quite

interesting. Hell yeah, hell yeah, Jack. Um,

so there can't be any more

normal pulls, then they can do

that. Oh, why not? Yes, there can be

more pulls, I mean, let's remember that we are

in a decentralized ecosystem, right?

So, just like there are pulls in Meteora,

there are in another dex and another dex and another

dex, right? So, yes, there can be more

pulls, but if somehow

this sniper chooses your pull to

snipe or to pull, then he's going to get

50% of the time. Greetings, Jenove, thank you very much

for your comments. A

hug. And what do the percentages you

can set from 0.25% down to

5% mean for getting paid in the

pool? Yes, that's the base fee, right? So,

you decide what the base price of the pool

you're going to open is, right? So,

obviously the lower the base

fee, the more likely it is that

someone will join, right? And use your pull, right? It's going to

handle more volume, right?

So, if you ask me, the

most sensible thing to do to open these pulls, uh,

if you want to catch some

thug who wants to snipe or propel the

token, is to put a much,

much cheaper fib on it, right? You're not going to put

6% on it because then you'll hardly

receive any trades. Because? Because you shouldn't have to

pay 6% to make a trade.

However, if you charge them

20.25, 25, well, you're going to get a lot of complaints, right?

So it's going to rain, but you're going to

generate less, right? So, yes,

this is what it

refers to, right? That's the base fee,

right? The base fee that you will

charge

for providing that liquidity and for them to use

your liquidity to make

trades. But what do you think? Does anyone have

any doubts? If anyone wants to

open their microphone and ask

something, uh, anything at all, well, that's what

we're here for, right? Okay, we've reached this

point in the questions and

answers. Well, prepare your

questions. I'm going to get a glass of

water because I'm all dried up from talking all this time

. Here I come. Give me a

moment.

Ready. In practice, that's when they come out. I

know, Nadia, I know, but it's part of the "

click here" thing, uh, once you

have any doubts, well, we'll be here on

Tuesdays and Fridays to

answer any questions you may have.

And if I don't know, I'll investigate, don't

worry. But yes, we'll be here.

On which page do

you usually find the new pools that bring in

more volume? Uh, on which page can

I find it? Look, for me to scan, to start

looking for pulls, look, it depends if you're

talking about doing DLMMs. Well, in

both, in both I look for

Jupiter. Here on Jupiter,

when they go in, it's like this,

right? But up here is Spot and

Pro and then there's Perps from the class they

had yesterday

with

Solis. This one, but here in the middle where it

says Pro and says it's new, this is

where I start scanning. Mm.

Um, like I said, right now, the truth is

that the tokens are

quite fleeting, are

n't they? Sometimes you get on board, and if you don't get on

board, you miss out, right? Either he died or he

literally went to heaven.

So what I do is I go into this forum

, can you help me with your microphone?

Okay, so I go here where it

says pro and here where it says top

traded, I choose the 5-minute one and then I start

watching, right? What's going on,

huh? There are a lot of trades,

right? Because? Because let's remember that

trades translates to volume and volume

translates to

fis. So, that's what we

want, right? Print physical.

So, this is where I start

scanning. So, here we can see

which ones have the

most volume, right? In this case, well,

Trump almost always appears up here.

House is pretty good

and you can get them here, but I do

n't really pay much attention to the

tokens that are a bit

older, you know? I pay more attention to the

new ones. So, this is where I start

scanning and I can see the

tokens. But look, for example, I don't

like this one at all. The graph looks kind of weird

. E has 30 liquidity, 200

holders, that's not many, market cap of

118.

And I personally only look at the

5-minute volume. Because? Because I do

n't plan to open a position for more than

an hour. Seeing the volume for

one hour is not useful to me. I only need to see the volume for 5

minutes. So this one, I just

see the 5-minute volume and

this one is a little tastier, is

n't it? Well, it has 32 of liquidity, it has

79 of volume, so that's

practically twice what there is of

liquidity, right? So it's pretty

decent, it's

okay, but I don't know, I don't like it,

honestly the graphics look

strange, I don't know why they look like that.

But hey, this is where I scan,

right? This is where I start hunting for

opportunities to invest in DLM and

dama too, right? In these new ones, this is

also where I start

to match and see new tokens, I mean, from

5 minutes, two, 3, 5 minutes,

obviously that they are already graduated.

This one, look, for example, this one you can already see for

15 seconds. It looks good, actually. Uh, I do

n't like this so much. The top 10

holders have 18% of this one,

but hey, I'll take the risk, no harm done.

Hey, it has good volume. Because? But it

brings in almost three times what there is

in liquidity. It's pretty good. So

this one, for example, I think it looks quite

tasty, don't you? Besides, I see that it's going to kind of get

punished because, look,

the lines have already been crossed here and it's kind of

going up, right? But it's

correcting, but nevertheless, the

RSI isn't following, it's not up here, right?

So I wouldn't expect a dump, would I?

But maybe it does fluctuate, but it's

trending upwards, right? Unless

the lines cross again,

the trend changes again and it

probably already knew it was going down,

right? So, that's more or less

how I start operating, right? So,

I start scanning, I do my

technical analysis, I draw my lines, my

limits, and if I make the

decision, then I open the pool, right? Something

that has helped me a lot to

operate quickly and

efficiently is this Soul

Decoders bot, because it has a function

that allows you to force pulls and

literally with one button on Discord

I can enter the position in less than 5 minutes

. It's more or less like 5

minutes, I mean, 10 seconds is already

within my position, right? And it doesn't matter if it's

, I mean, if it's double-sided or one-sided, it

goes in 5 seconds, 5 or 10 seconds, right?

So that gives me the precision to

enter precisely at the moment

I want, right? And that helps me a lot to

generate, because I enter at

precisely the right moment, where I

want to enter, right? So

, if I can make that

recommendation, the truth is that

Sold Coders is also a great tool

.

Hi, Ton. Good night. Good night.

Tell me in. A question about what you

showed us at the end of B2.

This applies to new tokens, right?

Because you see, it says from minute

zero to minute 120.

Mhm. This applies to any token. The

minute, that is, the minute that it

shows you is this one since the pool was created,

right? In other words, it's not necessarily from

the creation of the token, but from the

creation of the

pool. So, obviously if you take too

long to create the pool and someone has already

sniped the token, then you didn't get

the fis, right? In other words, the opportunity has already passed

.

So you also have to be very

alert to be inside as soon as you leave.

Mm.

And these specific Meteora tokens, huh

? You can see them somewhere

like Meteora tokens, or they

don't have to be specifically from

Meteora, I mean, they can be from Pomf or... Yes,

yes, yes. In other words, the pool is

created in Meteora, but the token is

decentralized, meaning it's in Orca, it's

in Radium, it's in Meteora, it's in

all the dexes, it's not in Pon.

Most of them, as we know, that is,

most of them launch themselves from pom-poms, that is, not

because it's launched from pom-poms, no,

I can't put a pul in meteora, right? In

other words, it's decentralized.

They can open P in any Dex.

No, and what's also interesting is that

anyone can open the PUL. I'm telling you,

it's free, completely free. What's

difficult for you is providing the liquidity, isn't it?

Inject liquidity into operations. And these,

look, these Dam version 2 ones

work a little bit like the ones in

Meteora, I mean like the ones in Meteora, like

the ones in Orca, because when you create the

position they give you an NFT just like in Orca,

right? So, you also have to use

NFT trout because if you

burn it or whatever, you lose it, uh, whatever

you have with that NFT, you

lose the Meteora position, right?

Then the liquidity is locked up

forever.

So, it's also interesting

because if you have a wallet

where you created the position and for some reason

you want to send the

position to another wallet, you just

send the NFT and that's it, right? Whoever holds

the NFT position owns the

Meteora position.

Okay? And for example, if you bought the

token before this pool was created and

for any reason you try to sell it, now

that this pool has been created, it will also

charge you that high percentage. No, no, not

you, no, no. Remember, this only applies

when it's a large amount,

okay? In

other words, if it's not a large amount, I

understand that they don't charge you, they don't charge you that much

.

Okay, perfect. Thank you very much,

man. A pleasure. A pleasure. Luis, does

anyone else have any

questions or anything they'd like to contribute? Any

experience? What did you think of the

information? Something they didn't know? I do

n't know, I'd like to hear them too.

Well, if there's nothing else,

let's just stand here and see what's on.

Oh, let's do a

little hunting and see if

anything turns up. It's at

0.4

minutes and going

up. I don't like this, but I'll take the

risk. Oh, look, it hasn't left Pump

Fun. Keep on pumping fun. Then it's

good to open her DAM. version

two. Well, there isn't one. So, if we

go this way, meme

coin, this is

this

console. Let's wait until he

graduates and I'll give him point

25. Let's see if he graduates. That's another one.

13.6 has quite a lot of

volume. I would expect him to graduate,

but maybe he's already been

sniped.

Who knows? Maybe he won't

graduate. Yes, yes. We have

the checkerboard ready to be

put in. There isn't much. Actually, what I've been

seeing is that the tokens,

well, everything is pumping up nicely, right?

So, the tokens

that are the OGs, right? The

old folks are pumping again.

Well, that means that liquidity is

already starting to

flow from Bitcoin to

altcoins and from altcoins to

memes. The tap was turned on, so to

speak. This

Hubi hasn't graduated either. You can see it

well. 91

92 30%. This is going to be a rug.

One way or another, this is going to be a

rug. I believe this is the liquier pool,

but how do we know?

But hey, does anyone else have any

doubts about this? Can

Jupiter be used as a deck screener?

Uh, well, um, well, a little bit, yes, I mean,

you can see certain things here

that you also see in Dex Screener. To be

honest, I feel

much more comfortable copying the contract from

here and viewing it properly in Dex Screener or

GMGN.

But if this is enough for you

, then you can view it here

and you don't need to see it

in Dex Screener or

GMGN. Jupiter is quite complete here

too,

actually, but it's new. Look, it's already at 98.

How can I use

GMGN?

Mm, yes, the truth is that I've never had any

problems getting in.

Once you log in, connect your wallet

and you're all set. You don't need to, in fact, you don't even need to

connect the wallet, right? But it's

strange that it won't let you connect the wallet.

Perhaps if you're on the phone, it

has to be

in the

Phantom's browser. There it is. He graduated

. Now

yes. Will we open a pull for him or what? What do

you think?

Literally the only way, I mean, the only

way you can generate those super

quantities in these

version 2 pulses are those super speeds that you can

see right away, right? It's one of those things that makes

you say, "No way, what's up

with that candle?" Those are the ones that

generate those big, round bumps in these pulses

here.

But let's see, let's do an

example. Let's see what we can do to get

a little bit of that

token.

Yes that's fine. You're going to buy there.

Look, if you notice, it's super

volatile.

Now let's check what the

price is. Ingat dumpió machinos.

Look at those candles, they would have

given me quite a bit of a profit, but oh well, it's okay,

let's leave it at that

price. Let's put it exponentially. I

just want Solana by Damic Fe and I already

put on the cheap FI

[Music]

. Well, I opened it late, but

let's see how it goes.

Look, the

token has already been devalued, but let's see if

anyone snipes it again or

not. But look, here's what I'm telling you

, right? Right now the base fee is

charging 50%

because of the exponential thing I

mentioned. There probably won't be

many trades here, since it starts like this

, maybe there will be, but who

knows if the token will hold up. Come here, you

son. Look how

not. Let's see if this printed for me.

Look, it's really weird. It didn't print,

but it did increase my position

due to the token's precision, right? The

truth is, it's a little strange.

What I'm saying about it being

anti-anti-

rugs makes sense to me, but I'm not sure if it's with

green candles or only with

red candles.

The point is

that it

prints. So, we just have to

be

here and see what

happens. Does anyone have any questions?

Okay, I'm doing the computer. It seems

very strange to me that he won't let you. Call the

funds via Telegram this evening and

transfer, Miguel. I'm glad

you learned. Whatever you need, we'll be

here.

Tuesdays and

Fridays are

up again. He already rewarded me with 3

dollars. 2000 transactions. This

token is good. It's upstairs.

It's only 5 minutes long

. Okay, see what the

MCD looks like. It has very little liquidity, it brings

a lot of volume, 100, that is, 10

times more than what it has in

liquidity. The relationship is quite enjoyable.

of liquidity

volume. Look, it's going

up there.

632. They already made my point one that

I bought. Look, now. Oh, no, that's a lie,

someone else put it in. I was already getting

drunk

. Did anyone else add

liquidity to my

pool? Was it one of you?

It prints little by

little. I think it's because I set

the base to super low. He generally

set the base faith high, didn't he? Obviously

I want to print more, but it wasn't

very grid-like, so I decided to lower my expectations

. Here it tells you how much it has generated, that

is, how much volume it has had and

how much of that volume it has generated in physical currency

. I

mean, very little, to be honest. $1 is

nothing, but it's what my liquidity pool has provided

, right? This volume is what

this small liquidity pull has processed

. Here comes the dump. Let's see if he

survives it. This is usually

where RC

polishes things, but it's what

we want. There are 6 already. It's

gaining strength, like the

jui is going up. Yes, the PUL that I put without a

rank. Awesome.

And this is cool, honestly, I

literally just clicked here

and I'm left with my six

dollars in Solana as long as it keeps

printing. I already claimed my 6

dollars from Solana. Yes, it's still

printing, that's great. If not, then no.

But I think they will continue

printing. The truth is that I would have

gotten much more out of it in a

DLMM, in a Vidask double-sided, because it would be

fluctuating here, that is,

if I bought it more or less like

this, it would have opened it upwards and it

would be fluctuating where

I have the most liquidity concentrated, right? So,

if I had done what I

did with this pool, but in

a DLM with a double-sided lifespan,

I would be generating, I think,

more physics here, but I want to do

the exercise of this DAM

version

two here, it goes down.

I believe the

next MACD crossover will

be a good

green candle. It continues to bring in a lot of volume, but

liquidity remains very low. I don't

print

anything anymore. And if you notice, when he

printed me, they were large, long, long washes.

This one, this one, this one, maybe this one a

little,

this one, but it's like those

big, bold washes that really make an impression.

Good. They are already adding

liquidity. It already has 00 in liquidity.

The volume is going down a little. It's already

at 100.

You still haven't printed a single

dollar. I think it will continue like this

until the RC more or less catches on around

here.

And then they're going to join the lines and you'll

see a

pump, but it won't

print anymore, because it's not printed.

No, man, it's a pleasure, a pleasure.

Ara, we're going to keep at it

, that's what it's all about. And the truth

is that's how I've learned the most,

right? Picuring him. We have to lose the

fear of losing because in reality, if

you don't lose, you don't learn, right?

So, that's

learning. Learning

sometimes costs

money, sometimes bad

experiences, but it costs.

Look, it's about to be told

there. A green splash is all that's needed.

I'm worried that the R6 isn't going down

. I'm not looking for, I mean, this

is what I've understood, right? A little bit,

I mean, in this position with this

pool that I opened, I'm not looking for it to move

sideways, I'm not interested in it

if I had a spot here, right?

Here's a DLM in spot. I would

like it to be

lateralizing like it's doing

here, wouldn't you? What I'm interested in here is whether it

sticks either a strand upwards or a

strand downwards, right?

Great for this pull to print me out,

right? Well, that's the type of pull I

opened. If you notice, it still doesn't

print anything. It printed $ and that's it.

But there haven't been any

major fuses like that. Yes, look, the volume has already

dropped quite a bit, liquidity has increased even more

.

So, who knows? Maybe I'll leave it

there and see what happens

. They have already withdrawn liquidity.

which already generated a little more for me,

the capital has already increased a little more

.

Solana, well, she's going to give me the

token's valuation. So, remember

that I bought the token and put it into the pool.

So what I mean is, I'm going to continue

with the same thing, I'm going to get out of the same

amount of the token I bought. The

difference is that the token is now worth

more, right? Because I bought it down here

, right? So, it's

here now. So, the value

of the token has already increased. So, they're going to return

what I invested in Solana and what I invested in the

token, but now the position is worth

more, right? Because back when I

opened it it was worth less, now it's worth more

because the token appreciated, right?

But they will give me back my hubi, right? The little bit

I had put in. That's

the same one they're going to give me back.

Except that here we had an

impermanent gain, right? In other words, an

impermanent gain. What is true is that the fees

it is generating for me are generated in

Puro Solana because I chose to

receive them in Puro Solana. Here it is.

So, if you notice,

I just claimed those 6, I think, and I

claimed them in Purana. It should already be here

in my wallet.

But yes, there has been no more volume. Look,

if you notice, well, not anymore, I mean, the

PUL has only had this volume,

$25. With those 25, he has generated $10.

Look, the fare is no longer at 50, it's already

down half to 25, but it will continue to go

down, right? The lower it goes,

the more likely it is that

volume will enter the pool and we'll

get more

feit, right? The fi

we're going to

generate won't be as high anymore,

but it will still

generate. What was my starting

position? I think it was like

$30 because I put point one, according to what was

about $17 of each, so it was about

32, 33, right? So, just by

appreciating the token, I've already made a

two-for-one profit.

Obviously, if I had just

held the token, maybe

the appreciation would have been less

because remember that in a normal match it

balances out, however, it's still a

one-for-

two. Maybe that little candle imprinted

something on me, but we'll

see. No, nothing.

And no, nothing, it still doesn't add volume to

the

pou and that's precisely because of the base

faith. Look, 23% is very, very high, is

n't it? Let's see, maybe that candle

imprinted something

good on me. It will be known.

Yes, look, I printed a little bit

more there, but it prints practically

every time there are those speedometers,

right? I think Rojas prints more. I don't

know, it's kind of

weird. I don't really know how it is

that Mira, this one is good Isabela.

half a dollar more.

I think that around here at 43% it

already prints more consistently, right? If you

notice, it's a very small

volume, to be honest,

however, it has printed quite well

for the volume it has taken, right? And