. $jesse token volume is largely not routing through zora and the $jesse / $zora pool, but rather aerodrome, because a v3 pool with a 75% lower swap fee (0.25% vs 1%) was established with only ~$100k of liquidity vs $4m liquidity on zora
this drives fees away from Jesse so he is not able to support and buy as many creators' tokens as he could otherwise, while pumping the volume and fees for aerodrome overall, despite LPs possibly being net negative only considering impermanent loss against the lower swap fee
nothing inherently wrong with this, just onchain liquidity mechanics...it's what we call a vampire attack. although to do it on $jesse is pretty lame, in my opinion.
out of curiosity, i wonder who the LPs are?
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