🔥 DAMM V2: LP New Artifact? Yesterday @ szu_Jason told me that @ MeteoraAG has recently developed a new product called DAMM V2, and it is said that LP printing money is very aggressive. Pushing up a search, it was mostly shared by foreigners in the English speaking area. Looking at the screenshot of the case, it was indeed fierce. For example, investing 0.1 SOL can result in several times the transaction fee for printing the principal. Is there such a divine artifact in the world? That's not too big, hurry up. I arrived home at night and immediately started testing. Find a pool MMD (this name is not very good to obtain, and it really doesn't work in the end), mmd)。 I originally planned to invest 10 SOL, but after buying it, the price dropped and I ultimately invested 9.3 SOL. Not long after buying, it went up. Not long after feeling happy, a candlestick plummeted by 50%, and I was momentarily stunned. Subsequently, three consecutive pillars plummeted by 99%. The invested capital is almost zero. In the final calculation, although the handling fee did earn back a few hundred US dollars, the overall loss was 1000 US dollars. Buying hacker RUG coins, even immortals cannot save it. Okay, after sharing my experience with RUG last night, let me share my personal feelings about this new thing. one ️⃣ What is DAMM V2? The core feature of a newly developed AMM type by Meteora is: AMM within a certain concentration of liquidity. I know this may sound awkward, but it's really the case. When you add LP, the default ratio is 50/50, and within the price range, you are indeed using the traditional AMM formula: X*Y=K two ️⃣ What are the core advantages? 1. The initial handling fee is extremely high, with a maximum setting of 50% 2. Subsequently, the handling fee rate will decrease exponentially or linearly, depending on your setting 3. You can set the fee collection method as a single currency (SOL, USDC) or two tokens (SOL, USDC are definitely preferred) 4. Some other feature optimizations are not very important for us LPs, so we won't go into detail three ️⃣ Is LP printing money fierce? Based on my actual measurements, compared to the DLMM pool at the same time, LP's money printing speed is not faster. Due to high transaction fees and low TVL (95% of the TVL in MMD's DAMM V2 pool was contributed by me yesterday), most of the time there is not much trading volume, and naturally the transaction fees received are also relatively low. Except for the sudden drop when I didn't run, and the instant increase in transaction fees when being arbitrage by robots. four ️⃣ How to choose? （DLMM 🆚 DAMM V2） From tonight's discussion with Jie Ge, it seems that this thing is suitable for early, very early stages. Preparing large funds for LP, DLMM is actually more stable. Since it is very early, the risk is definitely high, so the investment should not be too large. Like I did last night, getting thousands of dollars at once doesn't seem very suitable for the gameplay of DAMM V2. Not to mention those who spend tens of thousands or even tens of thousands of dollars on LP at once. five ️⃣ conclusion DAMM V2, this new thing, definitely has a particularly suitable scenario for it. Except for the initial liquidity used by the project party, ordinary users who do LP need to carefully identify and consider, and not act recklessly. As for whether there is a more advanced method of printing money through DAMM? I think it definitely exists now, but as for how to print it, you really have to dig it out carefully by yourself. above.