Yeah. So to mitigate all of those cons, keeping it sustainable is to instantly recycle. So a lot of the Osmo says Celo and USDC. A lot of the activity kind of flows with ether already, but ether has the most volume. So keys take those assets and put them into e to one, create more trading and also deepen our liquidity with the strongest asset in our ecosystem, the industry, incremental bands, so you only put $10 $20 maybe even less per band, to spread risk and cover more steps, because it's like kind of risk free to hold ether. I mean, depends on your investment pieces, of course, but it's just just everything's kind of lining up around it, uh, active monitoring. And this actually can go towards, um, sello, Osmo and almost any other asset. So it doesn't have to be all about either. The the more that you provision liquidity in a different asset. With a concentrated liquidity you you create better trading environment for arbitrageurs, for the ecosystem participants, for sellers, and that's mainly what we have up. So that's something to keep in mind. Active monitoring, check daily, reset bands as needed. This is like, you know, it's still very low maintenance. It's come in, checking the swap, check it out, and the feed to your choice should always be like 1% since it's volatile and low volume, and then to mitigate the other perception risk is just to be transparent about presenting it as liquidity port and fee farming For stability and market health. Next slide.
Next slide. I
So closing notes, the base advantage higher volume and accurate eth pricing make based optimal chain for the for the eth strategy. Celo has wrapped eth, but the price is off and the volume is a little bit low. I don't really understand what's going on with ether on Celo chain. It's very interesting. Cross chain liquidity, REGEN markets on sello awesome. USD provide the arbitrage pathways that feed this whole system. So it's trying to provide an anchor so that the trading activity of those other chains can meet at base where the user experiences is scaling the fastest. The price view uniswap displays REGEN. Eth has 280k per REGEN per ether, just to reiterate on that
and Oh,
inverse provisioning, same method can be run in the opposite direction as well. So betting on REGEN appreciation versus eth, this is a higher risk play, but it's it's also very important to note and then next slide, this should be the end. Yeah. So this kind of, like loops, it all together. And why this is relevant, if my objective is to acquire as much REGEN as possible with the least amount of capital as from as little as, like 10 cents per 2% ban, while basing decisions on market data, this strategy could potentially deliver, provides hands on learning and defi, specifically, defi mechanics working with regenerative intent. Because, well, I don't have to explain it to everyone here, but the we know what REGEN is, and this is exactly what defy is liquidity provisioning, active trading on a permissionless, open, transparent chain, Blockchain, concentrated eth liquidity prove improves REGEN market stability and depth, ideally 2% might be require a lot more activity, but it's, it's still good practice, and then, yeah, I just think if eth really starts to perform my or a full range LP will be the buyer of REGEN, assuming that no buyers really start to pour in for some time. Well, Eve has its big move, yeah, and then we just leveraging that capital efficiency from compared to full range liquidity. And I think that's the full slide. And also for all swaps use bridge dot eco on the computer. Think that's the end slide. I didn't put no cool image, my bad. Yeah, thanks for listening. That's a Defy. That's like a defy strategy that community can start playing with I am.
Thanks for sharing. Anybody have questions?
Yeah, thanks. Thanks for the presentation that was awesome. How, how do we get the eth in this scenario is the big question, because obviously this would be great to implement.
Yeah, I'm, I'm the east. I'm doing the, the so for if, the, if we're talking about the LP, Dow, the the V arrow position, can use that tiny amount of capital to start supplying an East position on uniswap on base to keep the arbitrage between the USDC pool on base live with all of the other pools across the chains. That's one micro strategy. I mean, this is this whole thing's a micro strategy, but that's one way to get the E but for me, this is like a community activation exercise. So if, if people want to start participating in defy and refi, this is the, this is like a way to start doing it.
So get them to contribute eth to certain pools, sort of thing,
yeah, and then, or, like, if, if people are selling their eth, they can sell it for these other assets, convert those assets into ether, which is the longer the stronger, longer term project. Place it with with REGEN, which is also very long term. And you're just providing a more active position. You're it's that that's, that's like my call to action there. But the look the LP Dow could eventually do this, if it if it wants to. And 2% bands super tight, requires a lot of activity, but a 10% to 50% liquidity band would of just east by side, will would also start things
cool.
Go ahead. What
do we need to do to set this up? Brandon,
well, it depends on what kind of scope you're thinking mark, because I have it set up, I'm experimenting with this strategy, and that's why I created the presentation. I'm I have a an ether position, and I'm using part of, part of it to to fund this experiment, to get the to seed Ethereum liquidity and then deepen that, and hopefully it shows that market, the greater market that we're, we're the seriousness of our project. I mean, we're paired with USDC, but it's kind of like a. It's like a, I don't know how to put this, but it's USDC, you know, it's flat, stable, but ether, it's got appreciating qualities, and it's something people look at. The other assets is a way to increase their ether holdings. And we want to position with this. Idea is to position each REGEN as that potential eth appreciator down the line, so
and so. How'd you set this up? You set up your own liquidity pool on base,
yeah, yeah. So on base, on unit swap, I created a liquidity pool. First I created a full range one, and then, and then I created a concentrated 2% band just under the market price. Okay, and it, it's not too difficult. I was going to run the how to do it on here. Show you guys. I don't have a I don't have a way to do that. But if we all opened up unit, swap, clicked, pools, clicked, create position, it would be very straightforward. Because of what I've just done. I've set it up to where, if you go to pools, you type in ether, you type in axle REGEN. You'll see it'll show you the market price of axle REGEN. And you can either choose full range or custom range, right? And then, when you set custom range, you would put 280,000 REGEN price per ether. And then you would put, you would put, you'd click the plus button, and it'll move the price slightly above market price and the 2% range. Oh, yeah, perfect. Let's pull it up. Yeah. You just click pool.
So would we create our our own, or would we,
yeah, that's the pool right there. So we, it depends on, on who has some ether and who wants to participate. I mean, you can, you can. This is like an active defy practice that that anyone can, can do themselves, any community member, anyone that's considering getting an ether, a REGEN position, but they have ether, and if they look at our liquidity, they're like, Well, what's a smart way to for me to enter? They can just provide liquidity below market price, and that's like setting a limit order. This is, this is our way of setting a limit order. And that,
sorry, no, that. I was just wondering, how are you actually getting that APR right now? Yeah.
So the that APR is, like, just from the volume that's there, and it's estimate for if i i see that volume for the rest of the year, and that same exact 2% band. So I've provided price, I provided price support at. Where does it say you scroll down a little bit max.
So
let's type in. Let's click pool, click, pull for me and click Create position, and then click New and select, go beyond base that I that answer your question, James, you can, oh, yeah, the APR, right? The the APR is based on the 2% band, so it's not based on like, if it moves out of that price band, the APR won't be the same. But I earned it's difficult to calculate APR because the act it has to be active. So if the amount of money I had in the pool that got swapped into today were to remain and not exit, then yeah, I would get that APR. But as soon as it exits, the APR starts to shift right. So it's gonna, it's gonna move like a price chart that APR but, and that's why I'm interested in experimenting with this more. I'm doing 2% which is a very tight range. It's very it's practice for me to get I'm trying to get more familiar with the defy component. And I feel like this is the only project worth exploring this type of concentrated liquidity practice. All right, perfect. Thanks. Max. So you can see the market price is 281,000 REGEN per eth. And you would, if you were to provision this strategy, you would put, oh yeah, perfect. Click. If you scroll up a tiny bit, you can click Custom Range. Scroll up a little bit, perfect, yeah, so you did click it, and then you would you can copy the market price, and then you can paste it in minimum price and Max price.
Yeah, yeah. It's like, it's like, trying to, like, you know, our liquidity is like, all over the place, and it's trying to pin it into one spot competitively. That's, that's essentially what I'm doing there. And if I, if I put it like, a little bit more of a wider range, if I put a wider range, I think that APR would still be competitive. I think it'd be like, like, if I did a 50% range, I think that APR would be like, at least, at least like 100% APR.
But would that scale?
Probably not without extra, without continuous provisioning, like and the thing is, is that that the ether we keep rising. So it's like trying to stop that rising. I'm trying to stop it. You know what I mean, like, ideally, the the that 2% that I put is the last 2% I put ever, you know, because that's where all the trading activity starts to boil down. And, like, yeah, it's trying to, I'm trying to reverse the trend with a little bit of liquidity provisioning. It's wildly experimental, but it's essentially what the exchequer guys are are doing. They're doing these liquidity notes. How I understand them is they're putting little pockets of buy orders that provide, really good price stability, because the we're not, it's not a full range position, and I know they're doing something novel, but like, this is, this is known Defy. This is everyday Defy. This is, this is what contributes the liquidity and the aprs that we create contribute to our ability to become collateral for for us to be considered money is it's all about liquidity, depth and price stability and APR Yeah, yeah.
I'll experiment with it more if you guys want to talk about something else. But the all experiments with it more, I have, I have an active a few of active positions. I've placed a few 2% concentrated, concentrated positions. And I'm not playing with any size, it's just $100 recently, and then like $10 clips of two in the 2% band ever since then.
Okay, thanks for sharing. Any other questions, suggestions to Brandon before we move forward.
No good work. Keep it up.
Yeah. So I guess this could be a strategy for the liquidity now, right, if we can get, if liquidity, Dow has eth, they could deploy it in this, in this way that hopefully will support liquidity? Is that
the gist of this? I think so, yeah, you know, has to be honest. But they don't have anything. It was some stuff donated and some and some USDC, so I don't know. I'd have to ask Christian,
yeah, I'm not sure the liquidity. This would be good for the liquidity. Dow, mainly because they would have to. The strategy is, in part trying to provide stability, but also in part trying to accumulate as much REGEN as possible. If I think the REGEN, if I if I'm unsure about the REGEN price, but I'm sure about the ether price, then this is an active strategy for the community to provision liquidity, but also try to get REGEN at a better price while providing market support. Does that make sense? Mark,
yeah, but I guess. How are they getting REGEN at a better price, through liquidity pool?
So they're providing it 2% below the REGEN ether market price, 2% below ether. Ether fluctuates in price,
right, right? And
that fluctuation feeds arbitrage, feeds volume, right? That's, that's what, that's what concentrated liquidity does. It allows for better trade execution, and, yeah, and it provides a market support. So there's, like a clip. So here's the price of agent REGEN. And I put my price range here, my liquidity here, when it hits here, a lot of trading volume happens inside, and then if it exits, I end up with REGEN. I win. I was trying to buy REGEN. I was trying to support market. Support for REGEN. I have bought REGEN in a 2% band with no slippage, and maybe made a little bit of APR because they paid 1% to enter my pool,
right? Okay, right? And so, but you're, you provided. So you're, you're getting, they're, they're swapping eat for REGEN, so they're taking your Eth and they're leaving you with their region that's right, right? So this
strategy is, is, is, is a way to accumulate as much REGEN while providing market support,
right? But it's but the market support is provided at a lower a lower price than the market Yeah.
In an appreciating asset, right? Yeah, so 2% lower, right?
2% lower. But if Eve can go up, yes, so you could buy more REGEN, if it goes up, basically,
yeah. And then once it's in that range, it's a trading it's a liquidity pool. Trading is happening inside of it. Every trade pays 1% to me, right?
Okay, yeah, because if I, if I wanted to do that with my Eve, I can do that
exactly you would have exactly anyone can do this. Anyone can do this. And it's worth experimenting with 10 cents $1 per 2% band to get familiar with Defy. This is Defy. And this is literally defy meets refi. The reason why to do this is because of because of refi, because of REGEN originating credits, activating them. This is like the asset to provide concentrated liquidity for if any,
guess this would have to be like, are you suggesting? He's trying to formalize this and try to get like, a large mass of E to do this.
I'm not suggesting we formalize it. I am saying that I don't see any need for extra crew. I don't see any need for that, that any energy that goes into that just feels like it could have gone to acquiring somebody who actually just wants to bid on regeneration full stop.
Yeah, that's
just my opinion, and it costs, the cost to reward ratio there is, is pretty, pretty clear. Yeah,
no, that makes sense.
That's what my main presentation was, one, is a community activation, a way for the community to be active in defi help support REGEN with zero to no money, because it only costs, like, you know, a penny to make a liquidity pool, and you could just do full range ether. I think it's important then we have an ether position in the LP, Dow, I think I do have a full range one, it's like five and $5 but I only did that for for Knowing what the price was.
Okay, maybe, let's continue to draw the questions from you, or like, rather one about the, oh yeah,
yeah, the X account I put in the I sent you the REGEN. Did you guys see it?
That was a strange reply I'm just showing on the screen from Brandon. It's about this one. How long ago I
it was yesterday,
okay, yeah, they've been experimenting with some bot integrations, and in various waves, it's been quite weird. So I would just, I would just take a screenshot and send it to Dave. I don't I'm not. Okay.
Gotcha? Yeah, I've been sending it to mark. I get a I mean, it did give me that really good laugh. Abandoned talks. I don't know what to say to that, but the other one,
yeah, it's a little weird. But yeah, I would send it to Dave because he's,
oh, they're having AI post directly to the Twitter.
I mean, Dave, I think so, but
I honestly, I don't. I'm not for it. I'm not like so what? I'm pretty active, and I've been following you guys for a while, and I really liked the way it was before, and I really don't know what the
I Agree and we've been getting a lot of feedback from a lot of community members that are not happy, and I've also been screenshotting and sending them to Dave. So I think either it needs to get shut off or it needs to be calibrated. You know, I know there's sort of a campaign to boost, you know, the algorithm by doing replies and like getting engaged in replies and automating that. But obviously the way in which that's happening isn't quite landing here in a good way. So, you know, my always been to sort of like, I do have to believe that you could do a good job of that, but maybe not. I mean, maybe just needs to be a good human who's engaged and then can sort of like, connect and engage with other bots and whatnot.
Yeah, that's kind of how I feel about it, too. I think if some of the interactions, I'm like, okay, I can see why, hitting them up. But where does it actually lead? Where does it actually lead and,
well, I think in this case, there's a marketing firm involved, and where it leads to is more impressions. So I think there, I think there's a, I think in this case it's an, it is the KPI is not necessarily like quality and coherence. It is sort of just like interaction and interactivity, which is, you know, there's a race to the bottom there of absurdity, which
Yeah, well, said
you're laughing like, you're like, laughing at it, and it is. It's like, that's what it is. It's just like, What the fuck?
Okay, yeah, I just wanted to signal that that's pretty much everything for me. I wanted to share the defy strategy. I wanted to share a little bit of discontent with the who's managing the X and and and pretty much signal like, you know, no to Exchequer like, there. There's no need for that there. I really don't think there's a need for someone to come in with some novel mechanism that hasn't been proven to provision liquidity for us. We, we we can just all. We can just continue playing full range game, or we can get community members active and and wanting to learn how to use defi and concentrate liquidity. 100%
agreed on all fronts. Thanks for sharing clear and strong opinions and and I happen to agree with them all.
Gregory, do you have any comments on what Brandon,
you know? No on the eth REGEN liquidity strategy.
Well, I didn't hear this. I unfortunately wasn't here to hear the specifics of that part of his share. I just dropped in at the end, when he was sharing about the deranged tweet. You came in at the best time, the best time. And sorry I was, by the way, I was the call I was on was with the seller, public goods crew. So cool. Apologies for missing, but I was like following through with, you know, some some work with them on some next steps. So, and we went late, which is always a good sign. Yeah,
absolutely. I'd love to hear about that. I can give you the quick summary. And one of the things so I was talking about the base chain and pairing REGEN with ether, because ether is the appreciating, dominant asset in crypto, and the idea was to put concentrated liquidity above the market price, yeah, ether.
That makes sense
in ether. And I think that's
a great idea.
And I think as a community, yeah, it's a community active, uh, defi practice with little to no capital. It's a way to slowly accumulate REGEN while still maintaining exposure to ether and jumping in and out of both
