Nobody knows until everybody knows. The Gold price will spike faster than we can imagine after 10/22/2024. The interest rates and the inflation will go to the roof. As a result the unemployment rate will skyrocket and the crimes won't be under control. The peole will suffer to put food on the table and the homeowners will become poorer than the smart part of the renters. Remember, the homeownership is a lifestyle not a wealth. The house is a depreciating asset and any house older than 30 yeas of age is considered an old house..... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
Hi Thor, I think you're wrong or perhaps not clear enough on the impact of traders PnL on JLP. Altough it impacts JLP, it doesn't impact the price directly if you measure in USD. If a trader goes long and profitable the pool will receive the same amount in USD (but less of the borrowed token), if a trader goes long but not profitable, the pool will receive the same amount in USD (but more of the borrowed token). The pool is not a counterparty for a trade/swap, the pool is a lender. I think a lot of people fail to understand this part of JLP (as well as others)
Perhaps I could have been more clear on this part. People can read more about how it works here: skribr.io/app/article/exploring-jupiters-perpetual-futures-a-comprehensive-research-analysis/
Is the APY an accurate representation of the yield you are getting? for example. For arguments sake lets say: 1. Price of the token within the basket stays the same 2. APY is 106% 3. I investment $100k today Based on this scenario should I be getting roughly $8k per/month of JLP I can sell down back to USD every month?
In theory yes, but the APY can decrease and will likely land ~50% in my opinion as there were some outlier volumes this week due to the market crash. The price of JLP also depends on other things, like the price of SOL, BTC, ETH, USDC and USDT so expecting a fixed amount of $ every month will probably leave you disappointed.
Math dont seems right. They make 1 milion of fees owr day, they gave a market cap of 500 miliona... How can be the apy od 75%? Btw any good idea to where farm stable to diversify jlp?
![JLP Analysis - Outperforming the Market With 75% APY? [Solana DeFi]](/img/logo.svg){kind=logo}
