Looking healthily Bullish and leading the way way up. XRP will follow towards the upside📈

Looking healthily Bullish and leading the way way up. XRP will follow towards the upside📈

My DGP wallet not showing any asset.
Crypto Corey

A message from another founder from another reputable NFT crypto project. Something to think about and be aware of as you see other projects soar to hundreds of millions of dollars in market cap to a billion in a few days.

“This.

Many founders/projects/companies (NFT or otherwise) are working to build things of lasting value for and alongside their communities. These product lifecycles cannot and will not compete with the manic cycles of memes/shitcoins which can be created and go viral overnight. We are building for the *years* to come - not weeks. Build product is hard and requires iteration and time. I still believe *real* product will dictate the future of this technology while, at the same time, I also really enjoy memes, trading, and speculating like the rest of you. There is room for both.

If deciding to participate, pick a community you relate to, don’t speculate on overnight gains, only risk what you can afford to lose, and try to have fun. If there is some level of execution risk, pick a team whose vision and work ethic you trust.

Go touch grass but bring your phones - can’t afford to step away right now 😂”

Where shall the DXY go next? The basis for which all assets are measured…

I know a lot of you guys have been asking for more content to help guide your CryptoLand strategy. I hear you, I value your feedback, and promise I always consider the community’s wants when prioritizing the team’s efforts.

That said, i’m excited to announce we will soon be releasing an updated CryptoLand Game Guide designed to better inform you about gameplay mechanics. I am hopeful this will help the community more broadly understand the utility and potential of your DGPs and how to more strategically utilize them to your advantage.

With our upcoming game releases, and a renewed focus on marketing, this next phase is shaping up to be better than the last.

- Crypto Corey

Sub 1USD XRP seems to be a gift considering membership cost and asset attainment cost🦈

“XRPL AMM facts - Must read for every $XRP holder:
• The AMM is a type of decentralized exchange and an addition to current XRPL's limit order-book DEX.
• AMMs have become the standard in DeFi and are the most popular type of DEXs and dapps, with over $2 trillion transacted among all chains. They incentivize liquidity provision and allows users to become their own banks and market makers.
• Not all AMMs are created equal on the technical side, each one has its own model and formulas, and the XRPL's AMM is introducing some unique features that other chains and AMMs don't have.
• There are 8000+ XRPL tokens and you can create a pool with any 2 tokens you like, no need for XRP.
• You always provide equal value of both assets into a pool, no matter if you do single-sided liquidity or not.
• There is no staking or earning with your XRP. You lend your assets to the AMM so others can trade them and you get paid a fee for that.
• The income comes from the trading fee that traders pay. If someone swaps $100 worth of assets and the fee in that pool is 1% then the trader pays $1 which goes to the pool and is distributed to LPs based on the share of the pool they own.
• The XRPL's AMM allows you to earn yield from market making, volatility, and the continuous auction mechanism.
• Impermanent loss (IL) is simply the opportunity cost of holding vs providing the assets to an AMM pool. The IL is not something to be afraid of and can be mitigated by fees earned. Your goal as a LP should be to provide assets you don't intend to hold, but use specifically on the AMM to earn income from the fees and trading activity.
• Not all pools are created equal, and not all pools have the same IL risk. In the case your provide liquidity into a stablecoin pair such as USD/EUR there is usually 0 to minimal IL. Same if you provide to 2 crypto with high correlation such as XRP/XLM.
• Providing liquidity to an XRP/stablecoin pair gives you less exposure to XRP's upside,but also less exposure to XRP's downside.
• You can already practice with fake money on devnet via @AnodosFinance - swap.anodos.finance and get familiar with it before going live on mainnet on March 22nd.

#xrpl #amm #xrpcommunity“

Exciting to see things on the move! I know it’s a volatile market, but with Bitcoin and Etherium soaring again, XRP is starting to move as well! Let’s GO!