https://xitter.cf/t.co/CzVfUQY3yW

Ethereum Mainnet
Joined August 2022
馃搳 THIS WEEK ON @CollectionWeb3 聽馃搳 Say hello to the top 3 NFT collections traded on Collection.xyz this week! 馃弳 @Pixelmon 馃 @nftperp's Mafia Nuts 馃 @valhalla
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g'nut 馃 You can now buy & sell @nftperp's Mafia Nuts on @CollectionWeb3 Let's trade deez nuts today 馃槑
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Today, all @CollectionWeb3 pools are now live on @openseapro 馃殌 With this integration, your pools will now reach Opensea Pro traders instantly, boosting your APRs even more! Create your pool on Collection - the one pool to rule 'em all 馃挧
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馃搳THIS WEEK ON COLLECTION 馃搳 馃殌 With our contracts upgraded & back online, we did 18.01E in 7D volumes this week 馃弳 @miladymaker leads the way, followed by @Pixelmon in 馃 & @BEANZOfficial in馃 Create your pool & trade on @CollectionWeb3 today!
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5/ Pro Tips for Spread 1. Add Spread to all your pools To help beginner LPs get started, all pools created on @CollectionWeb3 will come with a default 2% spread. This way, you can create more profitable strategies & earn more with your pools today.
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After modelling Pixelmon's monthly price action, - A 2% spread 2x-es your APR - A 10% spread 4x-es it (but with fewer trades). We鈥檝e set the default spread at 2%, but you can go for something more aggressive on the Collection app.
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Let's look at a real-life example (the previous Pixelmon pool) If we add a conservative 2% spread, the pool would have earned 1.06E (0.53E spread + 0.53E fees). That's 79.92% APR - an ez 2x in yield! In just 1 month, this LP can now buy almost 1 more Pixelmon!
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Today, let's say you add a 2% Spread. Your pool will now buy XNFT at 9.2E (<1>% lower) & sell at 10.8E (<1>% higher). Instead of earning just 1% fees, you are now earning 2% Spread + 1% fees, DOUBLING your pool's earnings
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Traditionally, market-makers earn from the bid-ask spreads to compensate for the risks of market-making. Just compare the spreads on $BTC vs a Remilio. More illiquid markets = greater risks = greater bid-ask spreads How does Spread work? Let's do some numbers to learn more
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