v3 University

in #uniswap2 years ago

If you're interested in learning about Uniswap v3 pool tactics, I've begun a new project focusing on them exclusively.

Most posts will focus on how to avoid costly mistakes and maximize returns.

I'm also sharing my positions so readers can see if I'm full of it or actually giving good advice. You can find this information in my Friday posts.

Here's a sample of what Friday Pool Checks will include. For reference, this pool was opened two days prior to this post.

++Our second pool’s++ range is 1098.4 DAI - 1105.1 DAI per ETH. We deposited our DAI when the price of ETH was close to 1110. With a current price of ETH at 1070, our pool position is now 100% ETH (1.815), and fees earned are 20.71 DAI and .02426 ETH. This comes to $46.69, giving us a return of 2.33%.

Deposit: 2000 DAI @ 1110 ETH price (0.3% fees)
Current DAI: 0
Current ETH: 1.815
DAI Fees: 20.71
ETH Fees: .02426
ROI: 2.3%

If you're interested in learning more about v3 pools, now is the perfect time to do so.

-Jeff