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I can confirm that the liquidity pool I created 146 days ago has been filled with MM
https://app.uniswap.org/#/pool/86686
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Another LP formation I am thinking about. Create my own token QTY 1 with 18 decimals. Pair it to Million Token. Then, instead of holding a bag of Million Token, use MM to buy back my own token from the LP I created. Send those tokens to a paper wallet for safety. I hope that trading MM for a worthless token (that I created to be worthless) shows on the books as 100% loss as far as IRS concerns. Nobody else can dump and take my MM because they don't own any of my new token.
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For example. I know nothing about Great Serbia. I just know I like the people in Serbia with whom I have worked. But the token is blindness to me. I set up LPs that will be used by the Uniswap router when GS is 10X the price of MM. Then I will be "buying" 628 or so MM for less than $0.25 each thanks to how cheap I got in early on GS. If my trap ever works, the worst case is I could dump those back on TL for $1.00 and make a few bucks. I do things like that
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Why MetaFora.App?
Our founder has worked for @Meta & @Google as a TechLead ! - Developed by a coding prodigy - Share your thoughts with a crypto oriented Community - Sign-up & login with your crypto wallet - Stay anonymous @techleadhd has over 1,000,000 followers on Youtube! https://twitter.com/R3wiredM/status/1469405998565707794
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0xfb24f24d5724d5e31742e507fba5ca8be58bac9d
Sorry, I don't know what impermanent loss means. It doesn't bother me. You would have to ask somebody else. But I'm not caring about prices in terms of USD. I'm just racing 2 volatile cryptos against each other because the insane volatility of both creates lots of opportunities for intersection. I'm a beginner at LPs myself. I use my own ideas to think and I never cared to understand impermanent loss.
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New post on Twitter check it out!
https://twitter.com/MetaFora_App/status/1469397894583267334
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