Raydium Demo | Solana Yield Farming

[@w3mct]

Great video. I'm studying to improve my blockchain dev skills. I plan on supporting the solana blockchain preparing to get a blockchain dev. Gig for solana or solana based crypto projects. Ur videos are very helpful.

[@B3DFire]

nice, and quick to the point!

[@EliasLopezXD]

Excelente Video Bro, gracias por la info

[@eliosuarezsantana6472]

Hi James! Thanks for the channel. I think something we would love to have a mini serie playlist with the full development of mini App with a smart contract to production. I was comparing a dev between polkadot and solana, and that would help me to go deeper in solana, specially nfts

[@JamesBachini]

Hi Elio if I get a chance to build something for the SolanaSZN hackathon I'll document it and show more of the front end side. Thank you 👍

[@zulhaikalzukri4527]

A question, how raydium farming work, where lp token goes?

[@JamesBachini]

In to the same wallet that you deposited the tokens from

[@zulhaikalzukri4527]

@@JamesBachini I mean where the LP token will be invested by Raydium? Into lending protocol?

[@mayanknagwanshi]

how do i view the price chart of a permissionless pool added on raydium? something like dextools for ethereum and bsc

[@JamesBachini]

There's raydium.io/info/ that has very basic tvl stats for the entire platform but little breakdown. I have t seen anything like dextools for Raydium, sorry

[@konstantinsr4523]

Hello . If i put 100 ray + SRM in pool !!! How many LP tokens I will receive ?

[@JamesBachini]

Not sure. Think of it like a receipt equal to the value of your deposit.

[@konstantinsr4523]

@@JamesBachini okay now it’s around 500$ ray + 500$srm

[@DigitalNomadOnFIRE]

How do you know how much liquidity of each to add?

[@JamesBachini]

If you enter one of the values in the provide liquidity form it will calculate the required quantity of the other asset

[@dj_hi_view]

When I hit the stake LP button I don’t get the MAX button and if I type numbers manually it still shows the CONFIRM button greyed out. I’m trying to farm CAVE and USDC what am I doing wrong?

[@JamesBachini]

You have CAVE and USDC in the wallet and it's connected? What wallet are you using?

[@dj_hi_view]

@@JamesBachini never mind got it down. Wasn’t aware of the liquidity supply step

[@dj_hi_view]

Farming some GENE this Solana game will explode soon Genopets is the name of you haven’t heard of it.

[@larsfroelich]

Would have been important to explain or at least mention impermanent loss in this context

[@Nemisiss246]

Ok great, now how do i get back my raydium coins back into my wallet if i want to reverse this whole process?!! why does no youtuber have the foresight to add this to their video the same time? ive been looking for this all damn morning D:

[@JamesBachini]

My bad. Go to raydium and connect your wallet. Then from the menu select "liquidity" then wait for your LP position to show. Then "remove liquidity" and confirm in your wallet. You'll receive both assets from the pool back into your wallet.