The Solana ecosystem has been steadily developing for a long time.
Projects like @MeteoraAG offer huge earning opportunities.
All you need is the right strategy for farming fees.
Meteora became the first project to offer the opportunity to earn from fees.
If you find the right memecoin and build a solid strategy, you can double your earnings.
You profit from both the trading fees and the increase in the memecoin’s price.
Additionally, by working with Meteora, you participate in the upcoming $MET token airdrop.
This way, you're tapping into three earning opportunities at once: trading fees, memecoin price increases, and the $MET airdrop by using their liquidity pools.
1/ Sort Pools by Volume.
Start by visiting the platform at https://app.meteora.ag/.
Sort the pools by the highest volume over the last 24 hours.
Your goal is to find pools with high TVL (Total Value Locked), a high percentage of fees, and strong 24-hour volume.
2/ Join the Project's Discord Server.
Another way to find pools is by joining their Discord server and completing the verification process.
Once you're in, head to the "Show off your curves" section to see what other users are posting.
You can copy their strategies and analyze them for potential opportunities.
3/ Currently, there aren't too many truly profitable pools.
I mean pools that offer a sustainable return.
I recommend avoiding pools with yields above 999%, as they typically lack liquidity.
4/ After selecting the desired pool, always go to @dexscreener.
Why? To analyze the levels (price ranges) that can generate the highest trading volume.
If you're new, choose a wider range for more flexibility.
5/ Then go back to Meteora to open your position.
I use the "Spot" strategy, as it’s safer.
Set the price ranges where you’ll earn your commissions.
6/ Always monitor the price of the asset.
Sometimes, it may move outside your set range.
In this case, it’s better to open a new position and continue earning.
As a result, you’ll earn both commissions and points for the upcoming airdrop.
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