Today on HeavyMetalCrime - 5PM UTC on @met_lparmy We discuss all kinds of crime, shenanigans and tomfoolery. Will @crimexbt be there? Will there be justice for beans on toast? Join and find out!

Hi @blknoiz06 Thank you for bringing so much attention to the beloved @MeteoraAG It is shocking to me that most people don't understand the use cases for using Meteora LPs For me and a lot of my friends, it was how we have traded and grown our accounts the past 2 years It is awesome to see the newfound interest. And LPing solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump has been AMAZING r/r BUT I think people don't realize how you can use it in tandem with traditional spot trading to maximize each phase of trade. This clip I try to explain how even if you catch something early, you can lock in profits and THEN go on to pool the token to not only gain exposure with limited risk, but benefit off of volatility, sideways movement, and volume. Stack more fees in this area, hold for higher if that is your thesis. THERE is ALWAYS an application for Meteora if you are trading onchain. Ty for your service @blknoiz06 :) @MeteoraAG @met_lparmy

What is Liquidity Provision and how can you see it working in real time? In this clip I try to give an explanation before opening this pool on $tjr Once opened, you can see how price moves down INTO the pool, and how I start collecting fees as soon as those initial blue bars on the right side of the pool turn to purple When that happens, our Solana in the pool is essentially acting as buy orders that get filled. When prices goes back up, our tokens sell back into Solana and we earn fees in sol (purple bars convert back to blue) Let’s hope we get blessed with more vol this week, it allows for good examples of LPing and you can see how it works in a faster environment @MeteoraAG @met_lparmy

"Is LPing even buying the token at all?" Yes, but you can think about it as "buying" the token as the price falls into the range you determine. ALSO when you "buy" the token with an LP, the tokens don't get automatically sent to your wallet. Instead, they REMAIN at the same prices that you bought them at, and switch to limit sell orders. So if price comes back up, being in an LP will sell back out of your tokens back into sol. This is when you get fees in sol. You get fees in the token when price comes down because your sol gets converted to the token. You are "buying" the token when this happens. When price goes back up, you get fees in sol because your tokens get converted/sold back to sol. You *could* withdraw your tokens from the pool once enough of your sol gets converted and hold it spot if that is your thesis. I never do that, and you might as well just use Meteora limit orders If price goes up from where you setup your pool, you can always chase up price and open new pools to bid it. Again this ALL pertains to going to one sided buy side positions. But if you are new, hopefully this allows you to get the jist of the common buyside/oneside strategy. Live soon btw :) @MeteoraAG @met_lparmy