Walk through XRPL Anodos Finance

  Рет қаралды 1,292

Mind Your Markets

Mind Your Markets

Күн бұрын

Пікірлер: 12
@rendaninkhumeleni1297
@rendaninkhumeleni1297 5 ай бұрын
Exactly what i have been looking for
@futuresbright8023
@futuresbright8023 5 ай бұрын
Second time watching and still learning more. 🙏
@Roomahen
@Roomahen 5 ай бұрын
Very informative. Great video
@ianmarkey9574
@ianmarkey9574 5 ай бұрын
More XRPL content? Great Channel. No regrets for subscribing!
@bobbymorris3062
@bobbymorris3062 5 ай бұрын
Great video///Still trying to understand a little difficult. So I noticed at timeline 39.05 the fee earned in 24 hr is not popping up on my anodos app. I get the deposit balance but not the fees earned. Also, when the liquidity is removed from the pool, I noticed the the lp tokens are removed as well. Are they converted into the tokens (XRP/SOL) or is the lp tokens the total amount of profit earned. Confusing. Sorry for the crazy questions.
@MindYourMarkets
@MindYourMarkets 5 ай бұрын
For fee's earned, if no one has swapped through the pool in the last 24 hours, you won't see any fees accumulated. Also, when you remove your LP tokens, you're splitting them back up into the two tokens when you remove your liquidity, yes.
@bobbymorris3062
@bobbymorris3062 5 ай бұрын
Also its kindda crazy that you cant install Gem in Brave
@songofmychildhood
@songofmychildhood 5 ай бұрын
Is this on a testnet or liv3
@MindYourMarkets
@MindYourMarkets 5 ай бұрын
It's live. Anodos.Finance
@Mr.Aquaman33
@Mr.Aquaman33 5 ай бұрын
Where does it show us where our Earned fees are?
@MindYourMarkets
@MindYourMarkets 5 ай бұрын
I believe they're updating their site currently to display more analytics. Your "fees earned" are compounded back into the LP token itself. You don't claim your fees like a FLR staking contract or anything. For example say you deposit 200 USDC and $200 worth of XRP(say 400 XRP for this example) The two assets that make up your LP token may fluctuate depending on the price of XRP, if XRP goes down, you may have more XRP and less USDC, the fees you earn from swap fees are wrapped into that where eventually you may choose to withdraw your LP tokens and it may be something like 202 USDC and 402 XRP if the price of XRP never moved. Now, if the XRP price is lower at the time you withdraw than when you created your LP, you may have something like 198 USDC and 410 XRP.
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