Any mibers interested in learning how to trade the floor of the mibera order book?
Any questions about why we should?
if any miberas would like to work the order book to crowd out the extractive bottom feeders all you need to do is
- put up an offer way under floor say sub 30 BERA. this allows those with liquidity needs or loss of conviction to exit
- you then put up some mibera for sale near the floor price for new miberas to enter
- you make some profits, put some back to low offers
- each time the above happens liquid backing is getting fed
- as we run out of sellers at those levels activity will reduce
- you then step up the offers till you find the next level at which people exit for liquidity or the level is beyond someone's conviction
- rinse and repeat
nft order book bottom feeders have been doing this to all berachain eco nfts since launch, they do this on every chain, they are delta neutral and don't care about floor price, only burgers.
better for miberas to work the floors
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