/post#cm5nv8b8

How much do you earn on liquidity mining?

As my position worth dropped from $293,510 to $275,489 today, I started to wonder how I compare with others doing liquidity mining. Currently, it's doing about ~$1000 per day, on the safe pair WETH/USDC, which is just about enough for me.

How are you doing it? What safe bets are out there that you think people are missing? And finally, how much are you currently pulling in on liquidity mining?

1d|

Anonymous

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18 comments

Yep

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Anonymous

youdo

1k per day with 300k in?

tf

1d|

Anonymous

Indeed, this is "net" after calculating impermanent loss and taxes. Or do you mean it sounds like a lot?

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Anonymous

sounds real good is that not close to 100% per year

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Anonymous

Well, I never really calculate anything "per year" as things change fast enough that it's never accurate anyways. Things go up/down quickly. Some days in December I did ~$4K a day for example, but now it's down to just $1K. Lowest been a day I only collected $400 :/

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Anonymous

Continue this thread →

What are you mining? Which coins

1d|

Anonymous

It's right there in the post!

1d|

Anonymous

Current status: worrying about the dropping prices. If my position drops ~$80K more in value, the entire thing gets liquidated as it's leveraged. Ain't life if you ain't worrying, isn't that how it goes?

22h|

Anonymous

Phew, price recovered somewhat and now feeling safer. Just collected another $1000 in fees, goddamn I love volatility!

21h|

Anonymous

Is there a time component to this? Eg could you only stake a small amount (5000$) every minute, collect the fee after 1 minute, close and reopen at a new range? Like never risk a huge amount but make up for it in higher frequency

16h|

Anonymous

What platform do you do this through? I had 1 BTC that I sold at the low a few years back. I'd had it long enough that I still made money, but I missed out on the six figure payout/this new liquidity mining stuff.

22h|

Anonymous

Liquidity mining isn't really new, I started using Uniswap sometime in 2018 I think, and have used it since. Still using it and is where I keep most of my positions :)

21h|

Anonymous

Is this kind of like selling an option contract where you are forced out of your position once the price moves out of your liquidity range?

19h|

Anonymous

I don't think so. It's a normal Uniswap V3 position, with N total value. Then I leveraged it ~1.5 or so, to increase return. The leverage gets taken back if the position has a total value of less than X.

18h|

Anonymous

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