This is a new official geyser LP incentive program from Ampleforth.
Provide liquidity to the AMPL - ETH listing on Uniswap and receive your share of 4.9 million AMPL tokens - currently its brand new, only $4mil in liquidity locked in so far (in just a few hours) so in this early period the rate is 1500% APR!
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Shhh
The real alpha leak is to only get in the geyser after you've 4xed a straight ampl buy and then getting into the geyser with your gains after the blowoff top.
Ready for the next boom after people realize this
This true.
But also 1500% APY is 1500 coked up midget strippers, so... take it.
Technically isn't it even higher the longer you stay in?
ETH gas fees will eat up all your earnings. Beautiful..
>ETH gas fees will eat up all your earnings. Beautiful..
Obv this guy never been in a 1000%+ apy liquidity pool lel.
This desu. The pools are more comfy than sitting in AMPL. Shit is so volatile it's hard to hold just straight AMPL. Also another alpha leak. Each geyser so far has had a 4-7 day delay before a very rapid and aggressive pump. Time to accumulate is now.
No
Ok also got to recommend this path too.
^ so keep it simple, trust Ampleforth team and earn 1000%+ apy on their geyser.
Or, take a bit more risk, trust harvest. finance.
Deposit ampl+eth uniswap pool token 90% combined with 10% FARM into their balancer pool and earn 1000% apy there.
THEN take that FARM token and Stake it with them additionally for their profit share to earn 1000% APY there too - so thats 1000% apy on free farming and then 1000% apy on your rewards...
... then be extra degen and compound your FARM earned back into the FARM pool lol .
Ampl + farm is a KILLER combo.
AMPL going to 10x this month.
Farm probably 10-50x too.
screen capping this to meme at scampies when its back at .65$
Youl be fomo buying my bags in a week. And ill sell them to you too... a little... as ill be up 3x.
>Technically isn't it even higher the longer you stay in?
YES.
YES. It is. Its a 2x bonus if staying in 1+ months, and a 3x bonus if doing 2+ months.
The APY number they give assumes that you've achieved the max multiplier. So is correct.
tfw in the old ETH-AMPL geyser
c-can I migrate, bros...?
You're an actual retard if you think this is sustainable.
the pools are good I jumped out at 2$ the other week was in for 2 months made more peace
Yes
How?
Just withdraw your LP tokens from the Beehive 1 Uniswap pool and stake them in the new one
Or if you read the announcements you'd see it was.
1. This is a 3 month program.
2. Yes, APY will drop as more people enter, but this is day 1 right now live earning rate.
3. This is one of 2 main incentive programs they have - they also have a series of 6 Mooniswap geysers paying 200-600% apy (bal, curve, comp, snx pools, etc etc)
4. Just wait, Balancer is on the horizon, things will get really interesting if/when they incentivise there - they can make the impermanent loss-less pools everyone wants.
AMPL is the ultimate swing coin right now, do NOT hold, at the very least stake your shit when it's about to dump
Yeah, it says farming one ETH will generate 748k AMPL in one month. What return am I actually going to get user? Give me a ballpark figure
pic related
Probably within the range of the current beehive and the other geyers.
~80-250% APY
You stake the UETHAMPL-V2 liquidity pool tokens. 1 liquidity pool token is like 1/3rd of the entire uniswap pool right now.
Thanks, user.
It's not 1 ETH you entered retard, it's LP tokens from the new AMPL-ETH liquidity pool on Uniswap V2
Probably more. This is a much larger starting $ amount..
Thanks fren
That's honestly a lot more convincing than user's coked-up midget stripper 1500% apr
Staying in YFV for now but might look at AMPL as if I start to diversify. No matter who you go with you gotta love these yields. By the time we're done farming governance tokens, the 12-16% apr we get from the best defi vaults is gonna be pretty comfy
Which costs about the same as one ETH you brainlet, way to miss the point that ~$366 isn't going to yield $750k in a month