Hands down one of the most important videos you’ve made this year. PLEASE continue to update the community whenever possible about the AMM’s. Waiting until XRP hits $589 is so much easier when you’re making passive income along the way.Thanks for all your hard work.
I’m really looking forward to the New York content Lewis I’m sad I can’t get there but at least I can watch what happens. Have a great time everyone. Take care and stay safe!
Sounds like you are about to have some fun in NYC. Good luck and start digging around in all those big brains you will be around. Looking forward to what info you can acquire from this event.
Wonderful news Lewis. I’ve just let this sink in a bit and become quite excited obviously we need some sort of tutorial on how to do this for us less tech savvy but I’m sure it’s doable for most people in the space of crypto and XRP users. Will it be a case of linking up your wallet to the AMM and watch the yields come in ?
Great vid on AMM activation! Thank you and let's see that jaw dropping innovation my bro. The opportunities to be crafted are endless but certain savvy first movers will win huge. Go, Lewis, go! (And breathe.... and center 🙃)
Hey Lewis always appreciate the vids. Once this stuff comes out could you maybe do a simple video on how the amm platform works and how to get into it as an xrp holder thanks a lot!!!
I am wary on connecting ledger to any other application. But l know you need a separate burner wallet for doing anything like this in order not to loose everything. Have a good trip to USA party you lucky thing, how exciting. I believe there is nothing going to happen, regarding announcement. As the Yanks say over there a big nothing burger!
Forgive my naivety, what is the difference between this future XLS-30 AMM and what Orchestra is offering now on their Liquidity page? EDIT: Disregard. The page is in beta.
As per my understanding at this point in time, when you put one type of token in a pool which has to have two types of token, if the token you gave appreciates in value, you will have impermanent loss. If the other token appreciates you will gain. So, when you go with XRP and a stable coins pair, when XRP appreciates, possibilities of impermanent loss are there. But when you choose a pool with huge volume of XRP, the impermanent loss will be very low.
It looks like what is called "Continuous Auction Mechanism" will burn liquidity tokens during the process to take care of the impermanent loss. My question is: will this completely "eliminate" the impermanent loss risk or just "reduce/minimize" its risk? It seems like they are already doing tests and maybe soon we are gonna see practical examples. Maybe Lewis could explain this for us if he has already some answers for that important question that I guess everybody has!
Would be interesting to see the range of ROI available. Passive income on long term bags with long term capital appreciation is probably going to be the answer for many of us that will see pensions disappearing
I am confused about one thing. I assumed if you provide liquidity into the pool, you example XRP/Btc pair then you have to provide equal amounts of liquidity of both the coins. Or am l mistaken for something else. Or am l totally mixed up here? So if you put in 100 XRP in that pool you also have to put Equivalent of BTC.
My damn replies keep getting deleted. Short answer is yes. Go to the page, click deposit, look for single asset and hover. Send $1000 XRP, they'll swap $500 for BTC.
Are you giving up your xrp once you offer it to amm liquidity pool In other words can decide to stop trading and get back your xrp or you only get back equivalent usd
This is nothing revolutionary, sgb and flr did something similar just to give 2 examples also the profits are in between 0-1% in that way you need 100.000 to 1 million xrp to actually do something and not to mention there is a risk losing your xrp. I will keep waiting.
Hey Lewis, I connected with a link you setup for investing in Ripple. Someone from Jackson Ventures Team emailed me. Is this from you? If so, I expressed interest and waiting for instructions since Monday. Any info would be appreciated. Take care.
may the Schwartz be with you :)
🤣😂😂
😂😂😂
Lol
Hands down one of the most important videos you’ve made this year. PLEASE continue to update the community whenever possible about the AMM’s. Waiting until XRP hits $589 is so much easier when you’re making passive income along the way.Thanks for all your hard work.
Congrats with your daughter 🎉 it's a happy moment for us to hear this as well. Thank you for sharing.
I’m really looking forward to the New York content Lewis I’m sad I can’t get there but at least I can watch what happens. Have a great time everyone. Take care and stay safe!
Excellent!!! We need to summarize step by step..
Please continue to notify!!
Excellent job!
Thx
Sounds like you are about to have some fun in NYC. Good luck and start digging around in all those big brains you will be around. Looking forward to what info you can acquire from this event.
This sounds fantastic! We need a tutorial. Deffo!
This will be absolutely monumental for all XRP holders🎉
My experience in LP's is that you need to supply both sides of the liquidity pair.
This one allows single sided contributions and automatically converts half of your assets to the other currency type.
Keep up the great content Lewis! Learng a ton from it. Thank you sir 🙏
Well well… the news just keeps getting better and better. Despite the suppressed price, a lot is going on.
It’s not boring at all it’s really exciting news!
Wonderful news Lewis. I’ve just let this sink in a bit and become quite excited obviously we need some sort of tutorial on how to do this for us less tech savvy but I’m sure it’s doable for most people in the space of crypto and XRP users. Will it be a case of linking up your wallet to the AMM and watch the yields come in ?
Amazing Lewis.. exciting days ahead.. keep it coming.. thanks a lot man 😊
The continuous auction feature also greatly mitigates "impermanent loss" along side the RPCA and the incredibly low transaction fees.
Got a nice big bag to use here. It will be passive income stream #5. Let’s go!
Thanks Lewis .... Exciting stuff! Have a safe trip to the states.
Great vid on AMM activation! Thank you and let's see that jaw dropping innovation my bro. The opportunities to be crafted are endless but certain savvy first movers will win huge. Go, Lewis, go! (And breathe.... and center 🙃)
Why does that Orchestra site look like what Flare was supposed to do or does, what is the difference between the two, if there is one..?
Swartz is on another level!
High. Love your content.
Not a single validator has said yes to amm yet!
Hey Lewis always appreciate the vids. Once this stuff comes out could you maybe do a simple video on how the amm platform works and how to get into it as an xrp holder thanks a lot!!!
I am wary on connecting ledger to any other application. But l know you need a separate burner wallet for doing anything like this in order not to loose everything.
Have a good trip to USA party you lucky thing, how exciting. I believe there is nothing going to happen, regarding announcement. As the Yanks say over there a big nothing burger!
Thanks! Just what I'm looking for! 😃
Good info, Lewis. Thanks for sharing 🙂
You are our guiding STAR Lewis 🤪
My concern is connecting my wallet....need more Ts and Cs with regards to this
May the Schwartz be with All of us.!
Songbird and Flare through Bifrost wallet via Flare Farms is very similar. I'm ready.....
The content is so good, but I cant watch with ads every few mins.. :(
What kind of insurance do we have on our tokens?
How safe is it though?
Fantastic!!!!!! When will we see gains in this “once in a lifetime” asset ?
I thought this hasn't been voted on yet
They dont do mobile. Gotta be desktop
well done mate
Getting 9.25% on my XRP on Nexo. Will look into new possibilities how to take advantage
of owning XRP. Thank you JACKSON. Sydney AUST.
We're locked out of Nexo here in the "land of the free."
Wouldn't staking be safer
Please explain AMM 🙏 What does AMM stands for??
I'm a grumpy lewlew in New York.😂😂
Hello you can please give us answer about the last video.
Xrp in 700k?
Or 1M?
Amazing video brotha. Always giving us the opportunity to grow our portfolio
This sounds interesting for sure
So as far as you know other than xrp will you basically be able to stake xdc h-bar xlm render any of those type things
Great content Lewis, cheers!!
lewis make a video on how exactly earn yeld on AMM
Forgive my naivety, what is the difference between this future XLS-30 AMM and what Orchestra is offering now on their Liquidity page? EDIT: Disregard. The page is in beta.
Yeah LFG! Baby XRP for the next 100 years 🎉
What do you think how high will be the reward in future? Annual 10% possible?
Will this have integrations with Uphold?
I’m lost.😅
So if I put 1000 XRP at current price of $0.50. Do I lose XRP due to impermanent loss? If there is a price gain, do I still have 1000 xrp?
As per my understanding at this point in time, when you put one type of token in a pool which has to have two types of token, if the token you gave appreciates in value, you will have impermanent loss. If the other token appreciates you will gain. So, when you go with XRP and a stable coins pair, when XRP appreciates, possibilities of impermanent loss are there. But when you choose a pool with huge volume of XRP, the impermanent loss will be very low.
Are my token safe on upload and revolut
Hi lewis
It would be nice to see what your looking at, at the same time 😅 can you teach us what you just spoke about
Does the volatility make the AMM have more risk?
It looks like what is called "Continuous Auction Mechanism" will burn liquidity tokens during the process to take care of the impermanent loss. My question is: will this completely "eliminate" the impermanent loss risk or just "reduce/minimize" its risk? It seems like they are already doing tests and maybe soon we are gonna see practical examples. Maybe Lewis could explain this for us if he has already some answers for that important question that I guess everybody has!
Great vid as always Lew👌👌👌
What would the interest percentage be for loaning our xrp? Or its probably too early for him to say
Would be interesting to see the range of ROI available. Passive income on long term bags with long term capital appreciation is probably going to be the answer for many of us that will see pensions disappearing
❤
So… how much Xrp is needed to earn how much? I imagine the majority of the listeners are here for that question
I am confused about one thing. I assumed if you provide liquidity into the pool, you example XRP/Btc pair then you have to provide equal amounts of liquidity of both the coins. Or am l mistaken for something else. Or am l totally mixed up here?
So if you put in 100 XRP in that pool you also have to put Equivalent of BTC.
My damn replies keep getting deleted. Short answer is yes. Go to the page, click deposit, look for single asset and hover. Send $1000 XRP, they'll swap $500 for BTC.
Great
Good video
Hey Lewis how much yield do you think these pools will give 3% 5% 7% or way less? Just wanna know your thoughts not gonna hold you to it obviously.
I wonder how much Flare and Coreum will play in this as well. So what is this compared to those two? This is another dex for xrp right?
funny I thought about something like this. The other day didn't know it was real.
Ok buddy
Your outstanding 👂❤❤❤❤❤❤❤❤
Very cool 🎉🎉
Are you giving up your xrp once you offer it to amm liquidity pool
In other words can decide to stop trading and get back your xrp or you only get back equivalent usd
Very interesting bro
Every one voted no
Heya everyone
Love your show. Invest in a new mic. Sounds like you are in a echo box.
This is nothing revolutionary, sgb and flr did something similar just to give 2 examples also the profits are in between 0-1% in that way you need 100.000 to 1 million xrp to actually do something and not to mention there is a risk losing your xrp.
I will keep waiting.
How much money can you make, let's just say you had 10k-xrp
Sounds like we are playing slots at this point! Lol!!! #Gambling
Let’s go
ВОЗМОЖНО 🤔 БАНКИ БУДЕТ БРАТЬ НА ХРАНЕНИЕ XRP И СТАВИТЬ ЕГО В XLS 30d И ЗАРАБОТАТЬ НА ЭТОМ И ДЕЛИТЬ 50/50 🤔 С КЛИЕНТОМ БАНКА
😂
🤣🤣🤣🤣🤣🤣🤣🤣🤣
Hey Lewis, I connected with a link you setup for investing in Ripple. Someone from Jackson Ventures Team emailed me. Is this from you? If so, I expressed interest and waiting for instructions since Monday. Any info would be appreciated. Take care.
Watching from north Carolina from my college dorm room i pray that these investments pay off i only got 2k of xrp tho😂
Well once XRP is at 4-5 digits, you’ll be set. Just don’t sell
Old news
First!!!🎉
First comment🎉 lots to be excited about!
Lewis Can you ask them what's up with issuing tickets for the party and then turning around and changing it ti first come first serve
❤