phobos

🌊 The Importance of Pool Selection and Tips for DLMM One of the most important factors affecting earnings when doing DLMM is choosing the right pool. If you join the right pool, your earnings will increase significantly. However, sometimes we join a pool, and even though it works well at first, we can’t figure out why it stops yielding returns later on. 🤔 The main reason for this is usually as follows: After we join a pool, another pool is created that is better suited to the coin’s new price movements. 🔄 The newly opened pool performs better, and as a result, TVL and volume shift there. If we’re not aware of this, we’ll remain in the old pool, mining inefficiently. 📉 There are two critical points here: the first is choosing the right pool, and the second is keeping track of newly opened pools. Today, we’ll discuss how to choose the right pool. 👇 📊 The most important metric when selecting a pool is the coin’s current price movements. If the coin is newly launched and exhibiting extreme volatility, 5% (Bin Step) pools will perform much better. The reason for this is that when the price fluctuates sharply, high transaction fees protect the liquidity provider against “Impermanent Loss.” 🛡️ However, 5% pools typically do not remain active for long. ⏳ Once the coin stops experiencing sharp price movements and stabilizes, this pool loses its activity, and the volume (if any) shifts to 2% or 1% pools. This is where close monitoring of the pool comes into play. 🔍 If you can’t clearly gauge the pool’s activity through the Meteora interface, you can search for the pool’s CA (Contract Address) on DexScreener to check how much volume is being traded within it. 📈 (Advanced Tip: It’s difficult to track these volume shifts manually. By setting up simple Discord bots that use the DexScreener API to pull real-time liquidity and Bin Step data from pools, you can catch these changes before anyone else. 🤖) So what should we do with high-market-cap coins that have been on the market for a long time (such as ANSEM or USELESS)? Since the price movements of these coins will occur within a much narrower range, you’ll need to choose one of the 0.2%, 0.1%, or 0.5% pools. 🎯 Selecting the one with the highest TVL among them is usually the best approach. In fact, if you look at the pools for these established coins on Meteora, you’ll see that the majority of liquidity is concentrated in these narrow-range pools. 💧 💰 To earn 2% cashback on your transactions, you can log in to Meteora via this link: 🔗 app.meteora.ag/referral?refe…