This was by far the best video I've seen that explains the AMM. Thank you!!
@melsinghnanua81105 ай бұрын
Can I get a copy of that paper work ? And can you explain how to get in to AMM step by step .
@dmack12095 ай бұрын
You, black Swan, edo, molly and John deaton constantly teaching the community 👏 ❤
@petergraham91575 ай бұрын
I think that when the pool grows so must the value of the pool - if you put in 10k for 10 tokens (1000 per token) and your pool grown by 50% you get 1500 back per token - this way any gains will be compounded as the pool grows.
@tz65165 ай бұрын
Only the highlights were explained in this video. The lowlights also exist. There is an opportunity for both impermanent loss and actual permanent loss. Ripple’s CTO (the AMMs biggest cheerleader) controls the AMM funding curve algorithm. Never forget the “let it breathe” bot manipulation. They cannot help themselves, Ripple will manipulate the algorithm to their advantage.
@bambam65375 ай бұрын
I like both these comments, I love that compounding idea and we definitely should understand that even though we can make a lot of money, we still need to be keen on our investment and keep eyes on it. Gotta be patient and have some discipline.
@tz65165 ай бұрын
Be careful of outsized claims. 55% return?? Who can afford to pay that long term? Remember Mickie B Fresh made those “generation wealth” claims about F-assets. Anyone, three years later, retired off their Flare wealth??! The AMM is shaping up to be the same type of oversell/underperform.
@Xrp9445 ай бұрын
@@tz6516 I make a good return on my flare, it all depends on how much you hold, in time flare is going to be a good source of passive income
@davetkd15 ай бұрын
If xrp get hard to get your be paid dollars with nowhere to rebuy your xrp
@Tonykal5 ай бұрын
Just hold your XRP ladies and gentlemen. Its a far more valuable asset in the future for you to risk getting less XRP just for the small income.
@WillFix5 ай бұрын
There are many great reasons to put your XRP in a LP, you can only site one possible negative, there really isn’t any impermanent loss, no more than just holding XRP in a wallet, there is only the possibility of having reduced gains, but that’s not a loss as defined as the word “loss” it’s deduced earning, and ONLY IN THE CASE OF A VERY FAST AND DRAMATIC PRICE INCREASE, and even if this happens it’s only consummated and realized if you sell at those same highs
@Tonykal5 ай бұрын
@@WillFixI agree exactly. But there is a chance in a dramatic price increase, that the price stays up high and never goes down again - due to utility. Then you just ''lose'' impernately most of your XRP in the AMM. Impermanetely, but still permanently in a way, because the price stayed up forever.
@thecryptosamurai5 ай бұрын
Thanks again for all of your efforts.
@mariaclarksoprano75575 ай бұрын
Thank you for taking the time to carefully explain this!...❤❤❤
@markwilliam82525 ай бұрын
Does this mean if you became a LP at the top of a bull cycle and staked for example 1000 xrp at $10 ($10000) on one side and $10000 on the other, that even at the bottom of a bear market you can still sell your LP's at a $20000 equivalent as well as earning a yield in the meantime? Surly this is too good to be true.
@TexasBroskiActual5 ай бұрын
It’s true, can already do it on Stellar. 😊
@markgouge66945 ай бұрын
That’s sounds pretty good. However, if XRP rises in value and the scales tips towards XRP does that mean the dollar must increase in value to equal xrp there for selling LP tokens at a profit?
@WhiteManXRP5 ай бұрын
Nope
@Xassets5 ай бұрын
you would do a fast math problem and find the %value of LP tokens and sell that exact amount and keep the rest in.
@jonwilson77545 ай бұрын
Great effort . Thank you for the work and explanation !
@user-vw8ly3zp6e5 ай бұрын
Thank you sir for such an awesome and extremely detailed presentation. I completely understand all of it, but do have one question about when your in a pool and the price of XRP doubles, triples, or more. Will the difference be available to make another pool or receive back the the overages? Just wondering 😁
@Breaking-Resistance5 ай бұрын
Really Good work 👍 One thing: It's not correct, that the LPs retain their buying power (i.e. Dollar value). Regarding the Tweet from JoelKatz. They do return the same product of the two assets, but not necessarily the same value! For example: You put in 10XRP and 5 USD: Product is 50. You could get a return of 5 XRP and 10 USD. The product is still 50. But it could have a different Value, ie. buying power. Keep it up mate! Very good video 🤞
@WhiteManXRP5 ай бұрын
Agreed, either way you will get the value back
@delcoexterior95205 ай бұрын
why not just invest in one sided liquidity pool and earn 4-5 percent this will provide growth and income and not worry about impermanent loss. xlm AMM currently does this.. how long does a amendment stay active before it expires or does stay active forever.
@LewisJacksonTeachesCrypto5 ай бұрын
I think another amendment would be required to remove it lol
@delcoexterior95205 ай бұрын
if there is no interest in a amendment than why would there be interest in removing an amendment. there should be a mechanism for auto delete.
@TexasBroskiActual5 ай бұрын
Which pool is one sided? I’ve never seen one, and I do multiple public pools, and even private pools on Stellar… A link would be great buddy. 😊
@WhiteManXRP5 ай бұрын
Impossible to have a one sided pool, it requires you to have equal deposits on pairs
@DakotaElder15 ай бұрын
Good video i feel like i understand this fully now This is going to be absolutely massive unreal
@DakotaElder15 ай бұрын
I wonder how long it will take for people and large companies to understand what this is and get involved though
@WhiteManXRP5 ай бұрын
Exactly 😎
@tz65165 ай бұрын
Why did the seven validators say NO ??? Interesting that not a single influencer will address that question.
@GoodNewLife5 ай бұрын
3 Nays left. I think Nays also include those who did not even vote yet.
@tz65165 ай бұрын
@@GoodNewLife Exactly. After 9 years, why would Alloy Network stop being a validator? Beyond the Ripple propaganda, you have no interest in some insider facts? Not a single influencer has made any attempt to bring clarity… you don’t think that proves they are Ripple shills?
@tz65165 ай бұрын
@@GoodNewLife Alloy Network (long term validator) quit the XRPL over the AMM amendment. Not a single influencer has interviewed them to let us know why. Influencers are Ripple shills…maybe paid shills. When the most probing question Crypto Eri can ask David Schwartz is “what is your favorite joke”, you know she is in way over her journalistic head.
@rascalme97545 ай бұрын
With unknown multiple options maybe you should just sit tight until you can see the whole playing field to decide what to do.
@LewisJacksonTeachesCrypto5 ай бұрын
Yeah I think this is the reasonable thing to do
@WhiteManXRP5 ай бұрын
By then it's too late
@peterryan56065 ай бұрын
If the price drops of xrp while in the amm it's no different than the price dropping while on a hardware wallet really. Yea ya might get less xrp tokens balanced with lp tokens just use them buy more xrp best not to sell earn income anyway. Shout out from New Zealand 🤙
@WhiteManXRP5 ай бұрын
If it goes up or down, it reflects In the AMM, so no worries
@TeresaCradic4 ай бұрын
Love your contentLewis. thank you so much. I do have a question regarding our deposits If I open an AMM does it have to be at the levels of 10,000, 50,000, or 200,000 dollars or can I put in a random amount? Also using your $10,000 example, iif there are $10,000 in USD and $10,000 equivalent XRP and the value of the XRP explodes, will I have to maintain the USD at the same value as the XRP?
@tzsan755 ай бұрын
Thank you! How informative are your video! Great job!
@RalfAlexanderSchnabel2 ай бұрын
Dear Lewis, you are the current best teacher on the complex new world of the crypto market. Thanks a lot!
@mge99395 ай бұрын
Wow, Lewis, such an excellent explanation of AMM'S. We all have so much to learn, its almost overwhelming, and this lesson has really helped! You are greatly appreciated! Thank you.
@seansmart20385 ай бұрын
And permanent loss only happens if you sell at the wrong time or pull your money out you can avoid that by leaving it in there until the price changes easy fix!
@deanskidmore44955 ай бұрын
this is what David Schwartz said
@ZXGAMER225 ай бұрын
Amm will be amazing opportunity
@LewisJacksonTeachesCrypto5 ай бұрын
I agree
@rammingspeed52175 ай бұрын
@@LewisJacksonTeachesCrypto liquidity pools are npt a new thing... They have been around in the Crypto DeFi space for years
@WhiteManXRP5 ай бұрын
@LewisJacksonKZbin I have experience in these pools, and you are exactly right, the balance has to be of equal monetary value, not number of tokens, I have a feeling Joel Katz 😂 has awesome plans for us... The wizard is an amazing man. Will XAHAU be the Liquidity token for the side chain in the AMM, Do you think it will be like StellarX AMM?? StellarX XLM- Base currency Aqua- Side chain liquidity token
@Rashomon695 ай бұрын
It sounds like you could end up accidentally selling a big chunk of your XRP. :(
@WhiteManXRP5 ай бұрын
Nope
@plaYAxplaY5 ай бұрын
So in a "Flip the switch" scenario your "impermanent" loss would became a very real permanent loss. If the XRP pirce goes from 1$ to 100$ (Or higher...) and never comes back, you are wrecked. Sounds like the perfect tool to shake out the retail investor in this scenario. Or did I miss something?
@davetkd15 ай бұрын
If I put in 10,000 of my xrp I want 10,000 back so this isnt for me. I'm ok with getting any currency as a reward
@HizenbirdАй бұрын
Well you shouldn’t. You want your 10,000 XRP if the price was the same or if it increased. But it’s possible (even likely) that the price of XRP would drop. In which case it would be better to retrieve say, 7,000 XRP and the remaining initial value of your investment in something that can be exchanged for MORE XRP at the now reduced price, so you’d end up with MORE than 10,000 XRP (even though the value would be the same). (It would be nice if that was automated.)
@christopieterse15745 ай бұрын
Lewis, thanks. If one , say, deposit 1000 xrp into the amm, then the amm will sell half of the value to the other pair, say, usd. Meaning one will then stake 500 xrp and same value in USD. But I do not want to give up any of my 1000 xrp's. Cause the growth of xrp alone will be more than the earings on te amm? Hope it make sense.
@danking82305 ай бұрын
I was hoping you could pull yield without selling LP tokens but it looks like to harvest yield you must sell your LP tokens. Also if the price of XRP goes up does that add to the volume of your yield percentage? So if you contribute 100 XRP at 1 dollar and XRP goes to 5 dollars your contribution is now worth $500.00 instead of $100?
@WhiteManXRP5 ай бұрын
Bingo....you are correct
@ramonguevara74035 ай бұрын
Thanks, Lewis! Strong work. Still getting thru the vid but I appreciate the effort.
@RVCInc.-zm9fw4 ай бұрын
This was great video. Can you do walk through on orchestra finance or xrpmarket?
@rjfalski1005 ай бұрын
100x more knowledge about AMM’s than I knew an hour ago! Great job!
@In_con_ceivable5 ай бұрын
When you provide your XRP for liquidity and then get the equivalent in LP tokens, is it these LP tokens that continue to provide you with a %…?
@TexasBroskiActual5 ай бұрын
Yes. The LP tokens are your profit. But you can roll those LP tokens back into XRP further accumulating your stack, or cash out. 😊
@WhiteManXRP5 ай бұрын
Both
@raslion22315 ай бұрын
pulsara and coreum are already live and running with a bridge coming to swap xrp back to xrpl from coreum mainet which gives the xrpl interoperability with IBC on cosmos ,pulsara AMM live already and soon Whelp will use SARA XRP SOLO CORE in LP's
@3na4005 ай бұрын
You earned a subscription with this episode Lewis.
@The-DeepEnd5 ай бұрын
thanks for all the info you bring. I have a question a while back you had a list of crypto friendly tax and financial peeps based on your location do you still have that?
@abmchotwheels9465 ай бұрын
Thanks Lewis always so informative and awesome job in the way you explain it Long time follower and your the best at what you do
@akguy64545 ай бұрын
Fantastic explanation Lewis. Thank you for your hard work.
@uzairthomason23375 ай бұрын
Good evening Watching from Cape town, south africa. XRP 🚀
@richardblissett88565 ай бұрын
Keep up the good work Lewis. 🙏🏻
@booraem5 ай бұрын
I'm attempting to digest
@LewisJacksonTeachesCrypto5 ай бұрын
ANy questions, just ask
@gerritaichhorn50555 ай бұрын
As I understand it, it is something big for big institutions. Less for us retail. How do you see it ?
@chocolatetobler77135 ай бұрын
Hey Lewis thanks for this. Can you help me understand something about AMMs that many may be overlooking? 1) I think the issue with the impermanent loss will be mitigated by the algorithms discussed by David Schwartz which all but guarantee you can pull out at least the product value with which you entered the LP. What happens if the price of XRP rises relative to the LP token? I think that translates to any XRP put into the AMM as losing out on those gains. So if you enter the pool when XRP is at $1 and it rises, say to $5 and the LP token does not rise with it, that would be a losing proposition for the participant. I'm not sure how the value of the LP token will be determined and if it will rise and fall along with XRP (or go counter to it) 2) Participating in AMMs will constitute a tax event from what I understand. If I bought say 1,000 XRP at .25 ($250) and I enter the pool when XRP is $1, that swap into the LP token would be treated as a capital gain of ($750 - $250 = $500) so we would be subject to paying the CGT for the $500 difference. Exiting the pool as well would trigger a tax event (swapping the LP token back into the XRP/Asset X pairing. So these 2 points need to be part of the decision to participate in AMMs. Please share your knowledge. Thanks
@CrookerSpark25 күн бұрын
Brilliant mate well done for that comprehensive breakdown... really interesting! I'm also guessing this is where the Nostro Vostro accounts will end up??
@fidlaf15 ай бұрын
Thank you. Are you putting some or all of your XRP in the pool?
@caincotterill54935 ай бұрын
Don’t put it all in because you could end up with more fiat value, but less XRP number of coins if the price shoots up. You make money on the value you put in, not the amount of XRP’s🇬🇧👊🏼 I think, just be careful. I make interest on my SGB from LP’s but as the coin value goes up, my number of SGB goes down so that the value of my initial investment stays the same. Sorry if it’s all confusing, but it’s not so straightforward.
@Xrp9445 ай бұрын
Think I going to just wait till f assets to come to songbird and delegate my xrp there. That’s looks safer,
@WhiteManXRP5 ай бұрын
You put whatever you can in, and you should keep XRP in the market for the trades to occur
@kendplumber46155 ай бұрын
So you put 200 XRP into AMM ($100 into XRP and $100 into USDC) USDC halves and XRP goes to $100…. Withdrawal time - You get back 1 XRP and 150 USDC --LOSS = $9900 + fees….. Not worth withdrawing therefore the liquidity pool remains and your tokens are trapped…. Great for the pool and developers but not good for the investors
@AntidoteSONGS5 ай бұрын
Can you explain what would happen with the "K" equation if the LP was done with XRP and Bitcoin, or XLM instead and BOTH assets significantly raised in price. Would i get back less coins equal to the original investment? Seems to me that it'll only be worth joining in once XRP becomes that "Stable Coin", but by that point the LP will be so large with institutional money.
@tz65165 ай бұрын
Dip a toe in if you must, but the AMM will be gamed by institutional money. And Ripple controls the funding curve algorithm. You can guarantee Ripple will tweek the algorithm to their advantage.
@WhiteManXRP5 ай бұрын
BITCOIN IS PREHISTORIC COMPARED TO THIS SYSTEM ZERO WORRIES WITH XRP
@WhiteManXRP5 ай бұрын
@@tz6516wrong, institutional money cannot enter
@syedwaqarulhassan37845 ай бұрын
I hold xrp last 2 years
@david8769-d8p5 ай бұрын
Smart !!
@WhiteManXRP5 ай бұрын
Don't just hold it XP MARKET
@renenorager5 ай бұрын
Brilliant !!!! Keep up the good work
@jamessumner22595 ай бұрын
Just woke up, New Zealand 🇳🇿 😮 why the xrp pump? 😊
@highlanderbanqueting5 ай бұрын
Coz btc pumped., eth pumped.., every top 20 coins pumped.. top leaders in the market..
@musicologydisco57455 ай бұрын
Very helpful Lewis. Thank you. I want to take profit sometime during the upcoming bull but also want to look long term by using this new financial system to work for me going forward with whatever I decide to leave in this market. This looks like the way forward! Cheers
@tz65165 ай бұрын
Just remain vigilant. There have been so many XRPL “game changing” announcements …that became nothing sandwiches. XLM has had an AMM for many years…and it has done nothing for liquidity or token price. Stay level-headed when these influencers go crazy over Ripple propaganda.
@caincotterill54935 ай бұрын
So David said that you you’ll get your dollar value if it goes down, it that the same if it goes up?? Meaning you’ll not lose if the price halves, but does that mean you’ll not gain if the price of XRP doubles? 🤔🇬🇧
@WhiteManXRP5 ай бұрын
If the price goes up or down, it reflects in and out of the pools... zero losses, except if you close your position in the pool you created
@WMWE83AVA5 ай бұрын
In this explanation "everyone" wins... but there is always a looser. So who and how can ppl loose in AMM's ?
@TexasBroskiActual5 ай бұрын
There are no losers. Basically, you are fronting running money for a transaction that takes 3-5 seconds and earn 3% lmao. 😂😂😂 DAVID SHWARTZ calls it the “AUTOMATIC MONEY MAKER” 😂
@WhiteManXRP5 ай бұрын
By not participating
@Mrpjm2005 ай бұрын
isn't this just like many of the DEXs such as pancake swap or osmosis. These have had AMMs running for years now.
@WhiteManXRP5 ай бұрын
Yes, but the fees are insane Xrpl has .0000001 fee per T/A
@ramonguevara74035 ай бұрын
So you participate in the AMM only if you can provide two assets of equal value? Assets like crypto, precious metals, stocks, bonds, art, etc? You cannot put in all your xrp if the value is not matched by some other asset? If you have 20 assets, you have to choose the two of highest value to make the greatest gain (if all return LP rates were the same)? For example, xdc and xlm? You only have to sell the LP towns to get your pooled assets back, not to get profit from fees, right? Can the profit be paid out in xrp?
@WhiteManXRP5 ай бұрын
You are correct, on everything, yes you get paid in XRP
@pawsitivelyweird66915 ай бұрын
Great content. In the first example, you have the transaction fee listed at 0.3, but when you multiply it times the trading volume you have it written as 0.003. Sorry, but you lost me on the math...
@cryptocanuck15375 ай бұрын
What is the risk
@russelllove28875 ай бұрын
Could I contribute my other tokens to the AMM? Example: HBAR, XLM, QNT etc.
@RTFullPull5 ай бұрын
Incredible! Your are such a brilliant teacher. Well done mr, Well done! Bravo. Thanks alot Love from Sweden
@yadevolkram5 ай бұрын
So percentage rewards are higher for smaller contributions. A $10K contribution gets your investment back in two years. A $200k contribution takes three years.
@esafagerholm38605 ай бұрын
Thank you for your presentation. I just was thinking what happens if the price of xrp goes higher. Shall I get tx. more dollars than I put in when jumping out from AMM?
@AlexDVlogs5 ай бұрын
Excellent video! Very good teaching on what to do after Bullrun!
@nethinogosyt5 ай бұрын
Isn't this like the staking as what cardano has been doing? Maybe some other cryptos too?
@TexasBroskiActual5 ай бұрын
It’s different. Staking is you giving out an unsecured loan (your crypto) to someone for a fee.
@WhiteManXRP5 ай бұрын
@@TexasBroskiActualno, you aren't lending it to anyone, you add it to a pool on the XRPL, IT NEVER LEAVES THE POOL
@TexasBroskiActual5 ай бұрын
@@WhiteManXRP That’s why I said “It’s different”…. And I explained the difference lmao.
@lewissanders45955 ай бұрын
Would each transaction be a taxable event
@petergraham91575 ай бұрын
Also - since XRP is so fast the lower the fee the more volume a pool could have thus increasing the volume - it might be a race to the bottom on fees but that will all but eliminate transaction fees and realising the proper intent of the XRPL
@tz65165 ай бұрын
The lower the fees, the greater the chance of a DDos attack. There is no free lunch in crypto.
@WhiteManXRP5 ай бұрын
You are right, except XRP fees are .0000001 on any transaction no matter the amount... it's not ETH where you get raped and they lock up your funds..to keep it in the system. XRPL solves it all
@GregorianGangsta5 ай бұрын
@@tz6516 What? You can’t DDos the AMM.
@MaxPower-jc9os5 ай бұрын
Lewis, please cover this ... if you had the example of 50 tokens ($0.50 × 10 XRP plus $5), then the outside market price per XRP goes to $10, regardless of arbitrage trading, does the impermanent minimising feature guarantee just the original $10 investment or $105?
@NutinDuin5 ай бұрын
You are asking the right question, unfortunately all the information I have seen on YT shows a fundamental misunderstanding of impermanent loss, (including Lewis). Using your example from above, if you provide a total value of $10 to an LP as follows: 10XRP @ $0.50 + $5 USD, you would have a constant K (product) of 50 The AMM guarantees that this K value of 50 will never go down ( this is what David Schwartz's tweets were saying if you read them carefully) Lets say XRP goes to $10 the hour after you put your funds into the AMM. Your K of 50 would NOT go down, BUT it would now be comprised of (approx) 2.236 XRP and $22.36 USD. (these still multiply out to a product of 50) This would give you a total value of $44.72, which looks great given that you started by putting in $10 total value The opportunity cost (impermanent loss) is created because, as you correctly identify in your question, if you had simply HODLed your 10 XRP & $5 USD, you would now have $105 instead of $44.72. THAT is impermanent loss and it is driving me to frustration that not one of the major XRP influencers has actually figured it out and they are all telling everyone that impermanent loss is not an issue. Anyway, hope that helps.
@WhiteManXRP5 ай бұрын
There's no worries, stop worrying.. There are no losses, no fees unless you close your pool And even then it's miniscule The price follows your tokens, no matter where they are. It's the best
@alannabiev57825 ай бұрын
ICP voting power is much easier. Thanks for the info
@tz65165 ай бұрын
The XRPL AMM is a “me too” amendment. Just like NFTs on the XRPL was. Just like the Liquidity Hub…which Ripple has never added XRP to. These change are hyped by influencers…and then forgotten.
@BenAmbersun4 ай бұрын
Thanks man. This video is awesome. extremely helpful absorbing this stuff.
@tomasnunez85185 ай бұрын
Great job man. Still over my head but it does sound quite intriguing!
@arm7415 ай бұрын
One thing you should mention is the formula you mentioned that helps protect impermanent loss works against you for impermanent gain (so if you invest 20 xrp and 10 dollars.. and price of xrp goes down and you get back 10 xrp but 15 dollars thats in your favor.... but if the price of xrp goes up your going to get reduced dollars to balance the "seesaw" so you may get 20 xrp back but only 5 dollars back at still a "zero loss" because xrp went up but you actually missed out on $5, however you'll still gain LPT) But i think it's important to note while amm reduces risk of loss, it also reduces "risk" of gains.
@jasoncowan74135 ай бұрын
Thanks For breaking this down for us.
@brotherjames84955 ай бұрын
Great information
@michaeltate80565 ай бұрын
You explained how being an LP can protect the value of your contributions if your XRP decreased in price. Can you explain what happens when the value of the assets increase?
@blacdon23325 ай бұрын
The AMM is just a trading platform why is everyone making this so difficult
@kathleenbell13565 ай бұрын
What happens when XRP value rises over time. At which time your dollar amount in the pool will be far less than the XRP, how would that work?
@xRphustlehard5 ай бұрын
Solid content brother! Much respect from Wellington, New Zealand 🇳🇿
@robertjhilliard24035 ай бұрын
Change my mind.....old school here 😀
@malkoff995 ай бұрын
Wow... a lot of work to document this, and even harder to explain it with such clarity... Lewis, you do a great job of making thius understandable, especially with your walks though the examples you include. Thank you.
@TheDabPab5 ай бұрын
What other mechanisms balance the seesaw? is it just the Arbitrageurs? or does it self correct in other ways?
@chillbillyhillАй бұрын
in the 15 minute area you said that if you add xrp that you would have to take away dollars to balance the scale. I thought if you add xrp you would also have to also add dollars to keep the balance correct? because if you add some on one side you would have to add on the other to keep it balanced? am I wrong? does the changing value of the xrp dictate weather you add or subtract dollars?
@On_The_BrinQ5 ай бұрын
Rule of 72! take 72 divide by the interest rate, say 10%, so 72 divided by 10 would equal 7.2 years for your investment to double!
@s.h.25465 ай бұрын
Thanks for the video. So when a large institution wins an auction to execute a free/reduced fee trade, the remaining LPs will not earn on the institution's transaction..... correct?? It seems the auction feature was tailored for the big dogs. I could be wrong.
@cleaningup123 ай бұрын
I didnt know xrp had defi protocols, algorand has a long established defi ecosystem, lets hope xrp becomes a major player too
@ZXGAMER225 ай бұрын
So what happens if you put xrp in at $1 then xrp goes to 2$ you get less xrp back when sold
@LewisJacksonTeachesCrypto5 ай бұрын
Well the invariant would create a balance
@WhiteManXRP5 ай бұрын
No it goes up, the price fluctuates with your tokens involved....same as the market, Live
@newmarketingage36155 ай бұрын
Thank you for taking the time to do the research of the material, I will like to get more information about this and others topics
@tz65165 ай бұрын
You won’t get facts from XRP influencers. They only provide Ripple propaganda.
@shawnlydon63065 ай бұрын
The big question is will XRp go down in the bear run like other alts or will XRp maintain its price because of its utility?’
@kotku5 ай бұрын
So what happens if I contribute $1000 worth of Xrp and $1000 of dollars, totaling $2000 worth (when Xrp is worth $1). Then over the next month, Xrp goes up to $3. I then sell the LP tokens, do I only get back my $2000 + fees? So I miss out on the appreciation of XRP?
@markstone62635 ай бұрын
If yields are that high, then more people will contribute to the LP, making each person's cut a smaller % of the pool's rewards. So, then the market will eventually decide what is a respectable ROI to receive for being required to maintain half their holding in a stablecoin, as opposed to holding all XRP. Granted that latter point is bullish for the ROI being higher in the LP, but I just dont see it making people the returns you are listing. Sorry. Just my opinion. Hope i am wrong. But whales would be all over those size returns.
@deejayduzevich59095 ай бұрын
Cool examples but daily volume is 2.5b isn’t it
@sinandeger725 ай бұрын
Great content thanks 😊
@mcc59015 ай бұрын
Great info but one thing no one seems to mention is: where exactly do we go to access the AMM? Perhaps it’s obvious but Inhabe never heard anyone mention this. Secondly, if you put in 100 XRP to the AMM, can you extract the same 100 XRP a year later, say? THANKS
@ryanodonnell41845 ай бұрын
Umm…so we’re selling a unique asset class (XRP/Crypto) so we can get paid like holding a bond…umm…maybe i’ll keep my XRP and go buy treasuries if i need income…
@johnnymac61785 ай бұрын
Great video Lewis! Thank you for all the hard work brother!
@philipsebb4 ай бұрын
Awesome.Well-articulated.
@objectivelyrealrealityobje70845 ай бұрын
So, the LP token is worth 1/5 of an XRP token? New to the channel, thx for this presentation
@KassArt5 ай бұрын
By your calculation that would mean that even when I have 200.000$ to spent - I should spread them only on small scale pools since they have the highest return. Is it like that or is the ratio of traded volume to fee actually better on higher scale LPs?
@yosefelbeybey79645 ай бұрын
Did you say , if the price of xrp goes down, you don't lose value and if you exit the pool you'll get back what you initially put in & the fees you accumulated...? So it's no impermanent lost? You kinda said it fast at the end of the video...
@AdellesAK475 ай бұрын
Hopefully, there's a pullback to about 64 cents, so I can grab more.
@LewisJacksonTeachesCrypto5 ай бұрын
Would be nice for that reason!
@willyoung36585 ай бұрын
When do you incur a taxable event?
@OGCrypto335 ай бұрын
tax? slaves pay tax. its your rduty as a man to withhold tax (not avoid) because your govt funds the military that funds wars. war is treason and the law states you can withhold tax for treason!
@WeAllSOULS5 ай бұрын
How do you sign up for amm, will it be on certain platforms ?