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I have spent the last 3 weeks working on a complicated tool/software for $AERO LPers to track their profits and losses across various liquidity pools on Aerodrome I have made immense progress so far but there is much more to accomplish before going public Not sugar coating it but...

19,378 views • 6 months ago •via X (Twitter)

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What is an Automated Market Maker (AMM)? ************* Notes: The video is attached. Links to the shorts on other platforms are in the second Tweet. Voting on fees using your LP tokens is limited to the 8 biggest LP holders. For auctions, the discount gets you close to 0% but not effectively 0%. The math example couldn’t exist in reality based on G3M. It is just an example to explain the process. ************* Imagine a robot (AMM) that's always ready to help you trade your money (assets) with others on a special online platform (the XRP Ledger's decentralised exchange). This robot doesn’t need to find someone else to take the other side of your trade; it just makes the trade happen using a big pot of money (pool) it manages. How Does it Work? Trading: You can swap one type of money (asset) for another anytime you want, using the robot’s pot of money. The robot uses a special formula to decide the swap rate. Creating a Pool: Anyone can create a new pot of money for two different types of assets if it doesn’t exist yet, or add to an existing one. Rewards for Pool Creators: People who add money to the pot (liquidity providers) get special tokens (LP Tokens) as a thank-you. These tokens can be used to: • Get a share of the money in the pot back, along with some extra (fees collected). • Have a say in changing the robot’s settings, like trading fees. • Bid to get a temporary discount on trading fees. Risks and Rewards: If many people are swapping money and the pot stays balanced, the people who added money to the pot earn some passive income from the fees. But, if the value of the assets changes a lot, they might lose some money. More Technical Bits: Exchange Rate: The robot adjusts the swap rate based on how much each asset has in its pot. If it has a lot of one asset, that asset becomes cheaper to swap. Trading Fees: The robot charges a small fee for each swap, which goes to the people who added money to the pot. Voting on Fees: People with LP Tokens can vote to change the trading fee; the more tokens you have, the more your vote counts. Auction Slot: There’s a special feature where you can bid to get a discount on trading fees for a day. You bid with LP Tokens, and if you win, you (and up to 4 friends) pay no trading fees for 24 hours. LP Tokens: These are special tokens you get for adding money to the pot. They can be traded, used to vote on fees, or redeemed to pull your money out of the pot. Deleting an AMM: If all the money gets pulled out of the pot, the robot (AMM) gets deleted. But, it can be recreated by adding money to the pot again. In a Nutshell: An AMM is like a robot banker that helps people easily swap different types of money using a big shared pot. People who add money to the pot get special tokens and can earn fees from the swaps, but there are some risks if the market changes a lot. They can also vote on settings and bid for fee discounts. If the pot empties, the robot goes away but can be brought back by refilling the pot. Let’s look at an Example: Step 1: Creating a Money Pot with the AMM Robot Alice creates a new money pot (AMM) using the robot. She chooses two types of money: US Dollars (USD) and XRP. She puts in: 1000 USD 10 XRP In this example, we assume an exchange rate of $1 per XRP for easy math. Alice gets special tokens (LP Tokens) from the robot as a thank-you for adding money to the pot. These tokens prove she added money and can be used later to get her money back, plus some extra if the robot earns fees. Step 2: Bob Makes a Swap Bob wants to swap his 100 USD for XRP. He doesn’t have to wait for someone to take his offer; the robot does it instantly using the money in the pot. The robot uses a formula to decide how much XRP Bob gets for his 100 USD, ensuring it's a fair rate based on how much USD and XRP are in the pot. Step 3: Earning Fees The robot charges Bob a small fee, let’s say 1%, for convenience. So, Bob pays 1 USD as a fee, which stays in the pot. Now, the pot has more money than it started with, which is good for Alice because she can earn that extra when she uses her LP Tokens. Step 4: Alice Withdraws Her Money After some time, Alice decides to take her money out of the pot. Thanks to the fees the robot earned from Bob and others, the pot has grown to: 1101 USD 9 XRP Alice uses her LP Tokens to claim her share of the money in the pot. If she puts in 100% of the original money, she gets 100% of what’s in the pot now, including the extra earned from fees. Step 5: Voting and Discounts Alice can also use her LP Tokens to vote on things, like changing the robot’s fee. And, if she wants a discount on fees, she can bid for a special 24-hour discount slot using her LP Tokens. Conclusion In this example, the AMM robot helped Alice earn extra money by providing a convenient way for Bob to swap his USD for XRP. Alice took on some risk by putting her money into the pot, but she earned fees from Bob’s and others’ trades as a reward. Bob enjoyed the convenience of instant, hassle-free trading. And the AMM robot managed it all automatically!

Daniel "CEO of the XRPL" Keller

238,600 views • 2 years ago

🚨#BREAKING - MARITIME LAW - Ok, this is epic, and it will blow your mind, if you don't even know it. Those who are awake will know. That's great and this is what we should share. So, your birth certificate is where it all begins. This is where much of the corruption begins. The moment you sign your BC, it is Maritime law. You are actually signing a form that classifies you as dead at sea. You become a commodity of the system and honestly you Google it, you research it and you probably have to be fair like I said, but it's true. You become um... In a sense, they seize all the assets and go into what they call a trust fund and then you have 6 years to declare yourself alive. Declare yourself still here and then you can regain your sovereignty. But we didn't know that. It was a system they had set up so that you and I and everyone else were traded like cattle on the stock market. So each of us has a trust fund. And depending on how old you are, it depends on how much money is there. So if you're over 50 or something, you've got millions in there because that's how long we've been traded for. And this is another thing that is also crazy. That's why the mortgage system is absolutely ruined. So when you go for a mortgage, you basically sign the papers and they always tell you, "come back in 3 days and we'll have the money." They then take that money out of their trust fund to pay for the house. So, that comes out of your trust fund in your name, which has been growing since you were born. They then charge you interest on your money, but they don't care about the monetary side. They want the house. So if you miss a payment, they'll miss out immediately, because they can repossess your house. For them the house is a commodity, an asset. Wait to share what the banks do, but this trust fund is where much of your money will come from and be returned to you. This is their money that they have earned from you. So, that's just one thing. Then you also have the tax side. Taxes have never been taken from us, it is illegal. It is a corrupt system. So, all the taxes that we pay, it is not that they are going to return them to us, like the exact amount of taxes that we paid. What I have heard on the channels is the fact that it will be bond based, so at a certain age you will get so much money back, at a certain age this... I think the 62+ category was like 110k or something like that. But obviously they'll know more about that when it comes, but that's where more money comes from. Honestly, you are ready to live a life of abundance. This is money that was ours, that should be ours, that we should have been living with to create a better life. Instead, they have put us in this corrupt system where they have been fighting and they are taking all of our money and keeping it for themselves. for themselves. I hope I have shed light on this. Many people ask where this abundance comes from. Remember that the 1% controlled 99% of the wealth that now comes back to us to live a completely different life. They will give us what is owed to us because we should never have fought like this. Join, it's not too late! 👇 ✅️

GP Q

616,617 views • 2 years ago

MARITIME LAW Ok, this is epic, and it will blow your mind, if you don't even know it. Those who are awake will know. That's great and this is what we should share. So, your birth certificate is where it all begins. This is where much of the corruption begins. The moment you sign your BC, it is Maritime law. You are actually signing a form that classifies you as dead at sea. You become a commodity of the system and honestly you Google it, you research it and you probably have to be fair like I said, but it's true. You become um... In a sense, they seize all the assets and go into what they call a trust fund and then you have 6 years to declare yourself alive. Declare yourself still here and then you can regain your sovereignty. But we didn't know that. It was a system they had set up so that you and I and everyone else were traded like cattle on the stock market. So each of us has a trust fund. And depending on how old you are, it depends on how much money is there. So if you're over 50 or something, you've got millions in there because that's how long we've been traded for. And this is another thing that is also crazy. That's why the mortgage system is absolutely ruined. So when you go for a mortgage, you basically sign the papers and they always tell you, "come back in 3 days and we'll have the money." They then take that money out of their trust fund to pay for the house. So, that comes out of your trust fund in your name, which has been growing since you were born. They then charge you interest on your money, but they don't care about the monetary side. They want the house. So if you miss a payment, they'll miss out immediately, because they can repossess your house. For them the house is a commodity, an asset. Wait to share what the banks do, but this trust fund is where much of your money will come from and be returned to you. This is their money that they have earned from you. So, that's just one thing. Then you also have the tax side. Taxes have never been taken from us, it is illegal. It is a corrupt system. So, all the taxes that we pay, it is not that they are going to return them to us, like the exact amount of taxes that we paid. What I have heard on the channels is the fact that it will be bond based, so at a certain age you will get so much money back, at a certain age this... I think the 62+ category was like 110k or something like that. But obviously they'll know more about that when it comes, but that's where more money comes from. Honestly, you are ready to live a life of abundance. This is money that was ours, that should be ours, that we should have been living with to create a better life. Instead, they have put us in this corrupt system where they have been fighting and they are taking all of our money and keeping it for themselves. for themselves. I hope I have shed light on this. Many people ask where this abundance comes from. Remember that the 1% controlled 99% of the wealth that now comes back to us to live a completely different life. They will give us what is owed to us because we should never have fought like this.

Tp

440,100 views • 2 years ago

Kevin O’Connell tells Vikings QBs he doesn't care if they throw interceptions in training camp “There are so many things in society, not even just football nowadays, where we want to decide in a moment this guy can or can’t, this guy’s a success or failure. And it’s just not in alignment with the reality of the position or our game.” “Everything should be driven by process, and part of process is failure. Every year in training camp I give my yearly State of the Union on the first practice: ‘Just as a heads up, I’m not going to be commenting on you guys taking your stats every single day. So-and-so went 6-of-11 with two interceptions, and then we chart it for the whole training camp and decide who won or lost this position or quarterback battle.’” “I challenge the quarterbacks all the time: we’re against Brian Flores every day. This is going to be a 10-out-of-10 stress for all of us. There are going to be good days and there are going to be bad days, but I want you to be aggressive with your decision-making.” “How will we know on third-and-eight in Week 12 that you can try to fit a ball in there to Justin Jefferson on a backside in-cut? How will we know if you don’t try to do it now?” “So when you do it now, and you take the proper footwork and try to throw it into a tight window and the ball gets tipped and intercepted, let’s go back and look at it first. I’ve got no problem with the decision. What was your footwork like? Were you in your base, balance, body position? Were you playing on the timing of the play? Did you make the protection call you needed?” “If you did all those things and it was just a blade of grass different from being the best completion you had all day, now you know.” “I can finish up a practice and go to the podium and have people say, ‘So-and-so really struggled today, didn’t you think?’ And I’m like, there’s not enough time in the day for me to explain all the reasons why you’re wrong. We’re going to go in the quarterback room, we’re going to watch it, and we’re going to be better tomorrow.”

Josh Chambers

357,094 views • 25 days ago

we all dream of those big wins in life the 100x, the multi-million dollar trade, or even just 10x of what you started with in 7 days i’ve been fortunate enough to experience a few of those over the past few years, and the reality is when you do win big, it doesn’t feel like it at all it hits for a split second, and then your brain just normalizes it it's a part of how to get there in the first place, but makes it a lot easier to lose it if you don't have the right guardrails in place and in that exact moment, you being even keeled doesn’t mean the number in front of you isn’t life changing it is this is where you have to slow down a bit, breathe, settle your mind don’t just roll it into some bullshit take some off the table, step away for a few days if you have to, funny enough, blowing let's say 10k of it on a beautiful trip to tokyo will save you so much because once you actually process what just happened, your future self will thank you for it the truth is, even if you think you’re going for a certain number, the moment you hit it, you’ll want more and more, and more anyone who's been in the same position will tell you the exact same thing ironically the people that win are addicted to winning and if you ask the same people in a year after that big win, what they regret and where are they proud of themselves? they will tell you they regretted rolling it over and giving some/all back or they are proud for switching back on the switch all of this is real, but it’s also exactly how i imagined it would feel years ago before it ever happened manifest your life, the feeling not just the number everything happens twice, first in your mind, then in reality

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23,017 views • 4 months ago