If you all actually want to farm project x points effectively, here’s a short thread on how to optimize for points while minimizing your loss.
First warnings:
lping can cause IL.
So be careful which asset you select to lp.
step 1:
asset selection
points usually go to the highest volume and fee generated pools, so while hype-hype correlate pools and stable coin pools are safe they are the least points without any accruing
on hyper evm hype-usdt0 , hype-usdhl, hype-ubtc, hype-ueth tend to clock the most points in that exact order.
hype ustd0 tends to be the best one to lp but also the largest tvl so to remain competitve you have to make sure your range is quite tight
step 2: price range
the tighter the range the more likely your gonna get balanced to one asset as price moves rapidly to either side but you also make way more fee for those movements and in turn more points.
and once out of range you dont accrue any more points
to keep generating points continuously you need to keep adjusting the range as the price moves out of your set range. for right ranges this can be multiple times a day.
active lping 1k in tight range will beat passive lping in a wide range with 50k.
A method I use is using the 1 hour candle to find the place the price bounces and rejects here around 46.5 and 50
and set the lp to that and monitor the charts occasionally to see if I need to readjust
tips:
one way I like to minimize il is taking a loan out on btc eth or hype and using the stables since it minimizes the il loss when these assets climb rapidly in the current environment.
felix hyperdrive hypurr your avenues
this also doubles for their points
if your going out or sleeping for your mental helath and sleep its better to put a wider range and not be worried about it being in range for that time even if you accrue less points
remember its a marathon not a sprint dont burn yourself out
happy farming
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