P Junior scans the chain, traders sweep the market, and $saros might follow the same exit path as Deep. One of the happier things in recent days was trading $deep, and this wasn’t me spoon-feeding the community—it was the community members themselves who discovered it. Over more than a year, the community has evolved from relying on "Brother Xin" to spoon-feed them, to now being able to independently identify good trading opportunities. This shift, along with a purely money-making atmosphere, is quite interesting. A few days ago, the trades I shared were not hindsight; I also made decent profits myself. I’ve been taking a few days off to observe projects. As a trader who enjoys analyzing projects, I have many "fish ponds." Compared to P Junior scanning the chain, my daily work involves checking whether the fish in the ponds are active. Today, $saros moved: The standard for $saros entering the fish pond is that it is one of only two DLMM mechanism projects in the Solana ecosystem. This round, I went all-in on Sui, followed by Solana. As for Ethereum, I spit on it. Here’s a question to ponder: Does the Solana ecosystem need a DLMM mechanism, and what does it bring to Solana? The DLMM mechanism was created to address the shortcomings of Uniswap v3. It was inspired by the Liquidity Book mechanism of the DEX project Trader Joe, later forked by Meteora to Solana and named DLMM. Not many people can clearly explain the v3 mechanism, let alone the upgraded DLMM. In simple terms: V3 allows you to enter bit by bit, while the DLMM mechanism lets you enter as if lubricated. ✅ Due to design issues, Uniswap v3 does not allow customizable price ranges, resulting in larger price range granularity and higher slippage (this can be understood as the smallest price unit in a contract). DLMM allows LPs to customize price ranges and deploy liquidity more precisely. This not only improves capital efficiency but also reduces trading slippage. ✅ Uniswap v3 must adhere to the AMM iron law, x⋅y=k. DLMM liquidity is distributed across multiple fixed price ranges (Bins). Trades are executed within fixed price ranges without altering the asset ratio in the liquidity pool, meaning it does not need to follow the x⋅y=k formula, enabling zero-slippage trading. This is its significance, and I’ve explained it as simply as possible. Some smart people might ask, "You mentioned there are only two; what’s the other one? This could be useful for trading." The other one is Meteora. The $LIBRA scam used this, and even the President’s token issuance borrowed from it. However, it doesn’t issue tokens; it simply empowers $jup. At the very least, the President finds it very useful. DLMM adjusts trading fees in real-time based on market volatility. During high-volatility periods, it increases fees, providing higher returns for LPs and reducing the risk of impermanent loss. Less impermanent loss, increased LP earnings, and suitability for volatile assets—what comes to mind? This is perfect for meme coins to act as market makers. Moreover, it’s backed by the Solana Foundation, can serve as a native liquidity engine for Solana, and is suitable for token issuance (with permissionless launch and liquidity deployment features for meme coins). These were the reasons I initially included it in my fish pond. Over the past month, its price chart has moved, and its trading volume has increased. I bought 20,000. I’ll exit alongside the Solana Foundation, and I’ll play with my friends who often act as market makers. @saros_xyz, it’s time for you to start operating. Give me a like, and I won’t tell anyone else.
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