While concentrating liquidity on Biswap V3, it's crucial to keep it active. Why? Only an active liquidity position will get you 80% LP rewards from trading fees!
How to do it?
1️⃣Actively track the prices of the tokens to adjust your LP position responsively. 2️⃣Choose the price range that will be relative to the token pairs' volatility. 3️⃣Try different approaches of concentrated liquidity and manage it to your own needs.
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💸TOP 3 Tips to Active Earn💸
While concentrating liquidity on Biswap V3, it's crucial to keep it active. Why? Only an active liquidity position will get you 80% LP rewards from trading fees!
How to do it?
1️⃣Actively track the prices of the tokens to adjust your LP position responsively.
2️⃣Choose the price range that will be relative to the token pairs' volatility.
3️⃣Try different approaches of concentrated liquidity and manage it to your own needs.
Earn crypto by being your liquidity boss!😎
#BiswapV3 concentrate #liquidity LP