love your videos and learned most of my Defi knowledge from this channel. It would be cool to do some videos targeted at people working with under $10k
You don't have many visits, fortunately your sponsors are heavy because your content is incredible. I saw half of the video yesterday :) I'm de firts viwer of it.
Thank you for all this info. And perfect timing, I've just spent the past few days going through the liquidity pool learning curve to start farming my Hopr tokens and you have provided me with much need affirmation. Your detailed explanation and enthusiasm in all things Crypto is very much appreciated. Big'up the Defiant massive!
Technical and distinct ...I've noticed that if you do a zoom of the pages ,it will bring visual sync wit your crystal voice. ..yes conv. {Convergence} Is a sleeping monster ... The developers could add a tag to show in a widow that will give the full name of the coin in a site link
Thanks man, super honored to be an early subscriber. Love your different sides and the cinematic creativity and like figuring out if hot dogs are the mascot symbol of Uniswap and then Oh haha that’s just his fun way of censoring his account info. Love the two sides I’ve seen so far of the defiant, with you doing your multiple pieces and the interviewer doing hers on the other...starting to be a little curious about that difference and who are these guys...a good path for you might be to slowly reveal the team behind the defiant and create those relatable personality brands that people enjoy connecting with. Colin and Samir talked about relationship youtubers vs idea youtubers...Mr Beast has an idea and you watch him do it. Casey Neistat and now Emma Chamberlin talk about their life and you are interested in their life. You guys are obviously about ideas and educational but you could slowly roll out the relationship side coz your all so attractive and interesting. Feed our curiosity about you as we learn about crypto.
Brilliant video. Would love to know a bit more about 1) the risks here; 2) how to track portfolio balance; and also 3) what an endgame would look like - i.e. how would you then convert back into normal crypto tokens. Thanks so much!
Portfolio Balance is my biggest concern... I started small to learn, and with the 2 coins I chose it looks like I'm "Out of balance" now and as a result making the % return, but my portfolio value has dropped drastically. Because I started small (it's just $35) I am wondering if there is an opportunity to add to 1 or both sides of my portfolio and then make some of these losses back.
Can you please walk through the process of becoming an LP and staking the token? Actually going through the steps of buying and staking. I've seen people talk about it in videos but not actually doing it. Thanks for the info.
I keep hearing that providing liquidity can be risky due to slippage but I don't really understand that aspect. Would you be able to do a video in regards to that? Thanks!
Great video as always! 👍 Need some advice: 🙏 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What is this? 🤔
Nice content. I put today some pairs on uniswap on liquidity. My returns „Earning Fees“ went up and few hours later went down 280%. Why is the volatility so high? And can I go as well negative with that passive income case?
This is a good explanation video, but man i cannot wait for a project that does not require gas fees to move your transaction through the network, and with no guarantee. Maybe examples can even be done live, instead of being stopped by the completion because of a gas fee :(
The gas fee shown was around a $100, is there a gas fee when you liquidate or withdraw or burn your LP tokens. Basically, do you have gas fee when you want to profit back on your investment?
Thank you for this great video! Can someone help me understand this, I'm still trying to wrap the concept in my head. If you speculate that coin A is going to go up in price, will you invest in a liquidity pool A-B or B-A, B being the other pair, to keep it simple lets make B a stable coin like USDC. Thank you!
Like the video, but Uniswap liquidity providing wasn't explained at all :| The "price range" wasn't even mentioned here and that's crucial for uniswap LPing
So I have been experimenting with this on polygon and I thought I understood everything but I have not been receiving my accumulated fees when burning the lp tokens. I only have been receiving the exact amount of lp token broken in to its respective tokens that I put into the pool. Nothing extra. So where are my fees going? Or if I stake to a pool for example one on polycat do my rewards just get turned into reward tokens but I get no fees?
Yes, the biggest risk of a LP is the impermanent loss risk. There is a risk that if a certain coin really increases in value alot it may have been better off to HODL it instead of providing liquidity as the fees may not cover this "lost profit". There are many good articles about this phenomenon if you google it. (Example by Binance Academy) Alice deposits 1 ETH and 100 DAI in a liquidity pool. In this particular automated market maker (AMM), the deposited token pair needs to be of equivalent value. This means that the price of ETH is 100 DAI at the time of deposit. This also means that the dollar value of Alice’s deposit is 200 USD at the time of deposit. In addition, there’s a total of 10 ETH and 1,000 DAI in the pool - funded by other LPs just like Alice. So, Alice has a 10% share of the pool, and the total liquidity is 10,000. Let’s say that the price of ETH increases to 400 DAI. While this is happening, arbitrage traders will add DAI to the pool and remove ETH from it until the ratio reflects the current price. Remember, AMMs don’t have order books. What determines the price of the assets in the pool is the ratio between them in the pool. While liquidity remains constant in the pool (10,000), the ratio of the assets in it changes. If ETH is now 400 DAI, the ratio between how much ETH and how much DAI is in the pool has changed. There is now 5 ETH and 2,000 DAI in the pool, thanks to the work of arbitrage traders. So, Alice decides to withdraw her funds. As we know from earlier, she’s entitled to a 10% share of the pool. As a result, she can withdraw 0.5 ETH and 200 DAI, totaling 400 USD. She made some nice profits since her deposit of tokens worth 200 USD, right? But wait, what would have happened if she simply holds her 1 ETH and 100 DAI? The combined dollar value of these holdings would be 500 USD now. We can see that Alice would have been better off by HODLing rather than depositing into the liquidity pool. This is what we call impermanent loss. In this case, Alice’s loss wasn’t that substantial as the initial deposit was a relatively small amount. Keep in mind, however, that impermanent loss can lead to big losses (including a significant portion of the initial deposit). With that said, Alice’s example completely disregards the trading fees she would have earned for providing liquidity. In many cases, the fees earned would negate the losses and make providing liquidity profitable nevertheless. Even so, it’s crucial to understand impermanent loss before providing liquidity to a DeFi protocol.
![Diggy Graves - Red Vineyard [Official Lyric Video]](http://i.ytimg.com/vi/8Ro085T0mnQ/mqdefault.jpg)
Still an underrated channel
You don't rate it?
@@minichanz I do
I think it's my favourite at the moment. So that is highly rated, not under rated.
@@minichanz I don't think you understand what I mean by underrated, I mean statistics wise for the channel not by the content
@@qlus Yeah I tend to do that. Great channel.
Zapper is amazing. Defi is amazing.
Imagine what this will look like in a year?
If gas prices don't come down, this will never take off, just another playground for the rich.
@@todayontheinternet9576 That is where Cardano and it's eco system will step in.
@@williamdavis9562 lmao
@@williamdavis9562 lmao
love your videos and learned most of my Defi knowledge from this channel. It would be cool to do some videos targeted at people working with under $10k
such valuable content and presented in a fun way without any pretentiousness - thanks!
Total Awesomeness. Subscribed!!
Subscribe for free and stay up to date on everything happening in crypto, defi, and nfts: newsletter.thedefiant.io/
What a fantastic video, first thing I'm going to do now is subscribe.
What a great channel. Thanks to Zapper, I no longer need to keep a spreadsheet of my DeFi investments lol
Your explanations are crystal clear, the best I have found, thank you :D
You don't have many visits, fortunately your sponsors are heavy because your content is incredible.
I saw half of the video yesterday :) I'm de firts viwer of it.
You have a good clear way of explaining things man.. keep it up.. lot's of crap out there. You've got the minerals
Thanks! Very useful and honest video. As opposed to so many other crypto youtube hype channels.
Amazing channel - I legit watch every video because they're all so helpful
Thank you for all this info. And perfect timing, I've just spent the past few days going through the liquidity pool learning curve to start farming my Hopr tokens and you have provided me with much need affirmation. Your detailed explanation and enthusiasm in all things Crypto is very much appreciated. Big'up the Defiant massive!
Love the way you explain stuff..
Technical and distinct ...I've noticed that if you do a zoom of the pages ,it will bring visual sync wit your crystal voice. ..yes conv. {Convergence} Is a sleeping monster ... The developers could add a tag to show in a widow that will give the full name of the coin in a site link
Thanks man, super honored to be an early subscriber. Love your different sides and the cinematic creativity and like figuring out if hot dogs are the mascot symbol of Uniswap and then Oh haha that’s just his fun way of censoring his account info. Love the two sides I’ve seen so far of the defiant, with you doing your multiple pieces and the interviewer doing hers on the other...starting to be a little curious about that difference and who are these guys...a good path for you might be to slowly reveal the team behind the defiant and create those relatable personality brands that people enjoy connecting with. Colin and Samir talked about relationship youtubers vs idea youtubers...Mr Beast has an idea and you watch him do it. Casey Neistat and now Emma Chamberlin talk about their life and you are interested in their life. You guys are obviously about ideas and educational but you could slowly roll out the relationship side coz your all so attractive and interesting. Feed our curiosity about you as we learn about crypto.
Awesome channel. Need to watch your stuff on bridging I guess
good video - On average How long do you hold positions - a week, two weeks...?
OMG. You're in the Netherlands, I was so so sure US.
Brilliant video. Would love to know a bit more about 1) the risks here; 2) how to track portfolio balance; and also 3) what an endgame would look like - i.e. how would you then convert back into normal crypto tokens. Thanks so much!
Portfolio Balance is my biggest concern... I started small to learn, and with the 2 coins I chose it looks like I'm "Out of balance" now and as a result making the % return, but my portfolio value has dropped drastically.
Because I started small (it's just $35) I am wondering if there is an opportunity to add to 1 or both sides of my portfolio and then make some of these losses back.
thanks you :)
I'm a forex trader can I be liquidity provider for myself ? and how do I know which liquidity pool is what I'm providing or what I provided is mine?
Can you please walk through the process of becoming an LP and staking the token? Actually going through the steps of buying and staking. I've seen people talk about it in videos but not actually doing it. Thanks for the info.
its like Gas fees stop everyone in their tracks, what are they? I invest in a crypto that does not require them.
Very helpful, thanks!
clicking like to help the algorithm
Let’s say I am using ETH. And I invest into ETH/usdt LP, when I come to selling that Lp token. Do I get my ETh back or half and half of ETH and Usdt?
Nice Work!
I keep hearing that providing liquidity can be risky due to slippage but I don't really understand that aspect. Would you be able to do a video in regards to that? Thanks!
Loved the video! This provided some great insight. If you add to the liquidity pool, are you still exposed to rug pulling?
What do you think of pulsex - that’s a fork of uni swap - ( but it’s deflationary) -would you invest ? I’d value your opinion
Nice & useful
Great video as always! 👍 Need some advice: 🙏 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What is this? 🤔
Nice content. I put today some pairs on uniswap on liquidity. My returns „Earning Fees“ went up and few hours later went down 280%. Why is the volatility so high? And can I go as well negative with that passive income case?
How do you receive fees? in eth? or in whatever two coins you provided liquidity in?
This is a good explanation video, but man i cannot wait for a project that does not require gas fees to move your transaction through the network, and with no guarantee. Maybe examples can even be done live, instead of being stopped by the completion because of a gas fee :(
Pulsechain will be that!
@@chrisbrown9893 no, cardano is already that
you should explain the danger of Impermanent loss as well ...can be very risky
well done, I learned a lot, you're hilarious!
out of all the things i kept from this was you sneezing and saying 'Corona' LoL
Thank you ✨
Amazing video! Could you make a tutorial for Vesper?
The gas fee shown was around a $100, is there a gas fee when you liquidate or withdraw or burn your LP tokens. Basically, do you have gas fee when you want to profit back on your investment?
Thank you for this great video!
Can someone help me understand this, I'm still trying to wrap the concept in my head. If you speculate that coin A is going to go up in price, will you invest in a liquidity pool A-B or B-A, B being the other pair, to keep it simple lets make B a stable coin like USDC.
Thank you!
Like the video, but Uniswap liquidity providing wasn't explained at all :|
The "price range" wasn't even mentioned here and that's crucial for uniswap LPing
You didn't mention what the risks are and whatever impermanent loss is 🌭🌭🌭
can you throw some useful link on the topic
so what is the difference in adding liquidity and swapping????
I will subscribe, fella
Will you share with me your advice about PlotX? What do you have in mind??
You said you would want 20k to do this on ETH. How much is realistic to do it with on for exmaple BSC?
So I have been experimenting with this on polygon and I thought I understood everything but I have not been receiving my accumulated fees when burning the lp tokens. I only have been receiving the exact amount of lp token broken in to its respective tokens that I put into the pool. Nothing extra. So where are my fees going? Or if I stake to a pool for example one on polycat do my rewards just get turned into reward tokens but I get no fees?
Wait so basically I can use random liquidity pools to match my liquidity of a token?
Are there any net gas savings by using Zapper, or is it just ease of use?
Is there a “catch” for the reason some pools have such high ROI? I know you mentioned it can change. Is there any extra risk?
Yes, the biggest risk of a LP is the impermanent loss risk. There is a risk that if a certain coin really increases in value alot it may have been better off to HODL it instead of providing liquidity as the fees may not cover this "lost profit". There are many good articles about this phenomenon if you google it.
(Example by Binance Academy)
Alice deposits 1 ETH and 100 DAI in a liquidity pool. In this particular automated market maker (AMM), the deposited token pair needs to be of equivalent value. This means that the price of ETH is 100 DAI at the time of deposit. This also means that the dollar value of Alice’s deposit is 200 USD at the time of deposit.
In addition, there’s a total of 10 ETH and 1,000 DAI in the pool - funded by other LPs just like Alice. So, Alice has a 10% share of the pool, and the total liquidity is 10,000.
Let’s say that the price of ETH increases to 400 DAI. While this is happening, arbitrage traders will add DAI to the pool and remove ETH from it until the ratio reflects the current price. Remember, AMMs don’t have order books. What determines the price of the assets in the pool is the ratio between them in the pool. While liquidity remains constant in the pool (10,000), the ratio of the assets in it changes.
If ETH is now 400 DAI, the ratio between how much ETH and how much DAI is in the pool has changed. There is now 5 ETH and 2,000 DAI in the pool, thanks to the work of arbitrage traders.
So, Alice decides to withdraw her funds. As we know from earlier, she’s entitled to a 10% share of the pool. As a result, she can withdraw 0.5 ETH and 200 DAI, totaling 400 USD. She made some nice profits since her deposit of tokens worth 200 USD, right? But wait, what would have happened if she simply holds her 1 ETH and 100 DAI? The combined dollar value of these holdings would be 500 USD now.
We can see that Alice would have been better off by HODLing rather than depositing into the liquidity pool. This is what we call impermanent loss. In this case, Alice’s loss wasn’t that substantial as the initial deposit was a relatively small amount. Keep in mind, however, that impermanent loss can lead to big losses (including a significant portion of the initial deposit).
With that said, Alice’s example completely disregards the trading fees she would have earned for providing liquidity. In many cases, the fees earned would negate the losses and make providing liquidity profitable nevertheless. Even so, it’s crucial to understand impermanent loss before providing liquidity to a DeFi protocol.
All those hotdogs make me hungry
Invested at 16 likes
14:50 we gonna ape. What does "to ape" mean? :) thx guys !!!!
nice video but that didn't guide me at all ... It was just a shill for zapper and matic ... I still don't know how to cash my lps in....
100$ Gas damn!!!
I noticed you don't have any NFTs!
Conv? Convergence is a sleeping monster
if you were looking at AVAX pools, your gas fees would be much lower.
Cosmos -Osmosis
First
Hotdogs
This is definitely NOT you apeing...
Plenty of meat
Check out Pulsechain and PulseX 😁