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Bitkoning
@bitkoning
@spawnerclub only NFT Launchpad on chain
Joined March 2021
678 Following    2.4K Followers
Smart LP went live today on Robinhood Chain. The builder behind it (Simple Farmer, the same team as STONKBROKERS and the upcoming STORMM) says it will change how stock tokens work on this chain. Big claim. So we read the whole thing, listened to his 40 minute breakdown, and wrote it out for people who understand nothing about DeFi yet. What this thread covers: - What a stock token is and what a liquidity pool is (from zero) - Where the yield actually comes from (spoiler: other people's meme stock gambling) - The three strategies, explained with objects you already know - Impermanent loss, finally explained in a way that makes sense - How to get started, step by step, and how much you need to experiment - The risks nobody puts in the launch tweet One image per post. Read it once and you will understand more about liquidity than most people trading on this chain. Strap in.
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