aquabera shrine đ
henlo
so, you've just gathered you friends and some $BERA to save $HENLO. how do you kick the evil's ass (does the evil even have an ass?)?
your first destination is the @aqua_bera temple. when you visit aquabera, you must be ready to get wet. no, not that wet you horny idiot. like, real wet. dip your toes into the deep and sticky liquidity.
aquabera is simple but smart. it's a deity, after all. you just give it $BERA and it give you @KodiakFi HENLO/WBERA LP tokens. but those aren't ur average LP tokens. aquabera controls the way of how they're providing liquidity. it's concentrating liquidity to make $HENLO stronger (like a hose!)
aquabera strategy is usually holding 75-95% $BERA and 5-25% $HENLO and shifts ranges fast to stay within these numbers. It makes impermanent loss much smaller than your expect from a memecoin pair. not as small as henlo bera's brain, of course, you still have some risk.
but here's the great part. the more beras provide the liquidity, the lower are risks for everyone as it geets deeeeper. and it's already working!
if you deposited on may 1, when we started fighting evil and kept LPing till now, your impermanent loss is a bit over 2%, while $HENLO lost 10% to $BERA. you're still poor as $BERA is in red tho. boo! boyco unlock scary!
but your $BERA-denominated position is almost intact. why? because all this time you must have been farming the $BGT rewards and they farmed enough to cover exactly that 2% of impermanent loss.
so, what happens, if we kick the evil's ass and win forever and ever? your impermanent loss can turn into a gain as $HENLO goes up (maybe even permanent gain if you're a smartsy) and you also keep all the $BGT rewards you farmed. what's more aquabera is earning some trading fee APR on top for you. it's 10% now.
anyways, $BGT rewards are for the next journey. we've just provided some liquidity and the concentrated liquidity ray is shining!
the hardest part is already done. wasn't even dirty as it's aqua you know. off we go to the next adventure. let's collect some rewards and kick the evil's ass!
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