IA Trade Alert (Patreon)

Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization.

Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

TRADE

I stumbled across this new token in research this evening. Lfinity V2 and V2 now handle the same amt of Volume as Raydium (which I also own together with ORCA). 

THE Chart seemed like it had bottomed making it attractive at .012 as it was .025 LFNTY/SOL on 13th DECEMBER

I am venturing into uncharted territory by investing in THIS SUPER low market cap asset like this. Currently, there is minimal trading activity, and any sudden influx of buying pressure could significantly impact the price. To avoid driving up the cost, WAIT A FEW DAYS - AND SEE WHERE IT GOES. It is advisable to utilize limit orders exclusively or wait for a retracement before making any moves.

Today I swapped SOL for LFNTY

I got fills at a range of prices on JUP.AG  PS it took me an hour to get my fill today as the volume was so low.

I bought SOL at $93 and swapped it into LFNTY at these prices - SOL during the hour went from 93 to 96.

NOTE a major part of my SOLALT portfolio is DEXs

Lifinity is a decentralized exchange (DEX) on Solana, aiming for an efficient trading experience. It stands out in liquidity provision and fee distribution.

It was reated to tackle issues like high slippage, low liquidity, and inefficient capital in traditional DEXs. Leveraging Solana's high-performance blockchain allows for fast, low-cost transactions with strong decentralization. It uses a cool proactive market maker (PMM) model, utilizing PYTH oracle for external price data. Adjusts price curves dynamically for consistent liquidity at market price, enhancing capital efficiency and reducing impermanent loss.

Lifinity's Tokenomics

Hard to tell much at this stage only 2 things stand out which concern me. 

1) it is TINY - which means it took me an hour to get a fill on my position and it is small.  This means that if say 20 people try do that I did the price could go up.    

2) Two main tokens: LFNTY and veLFNTY (vote-escrowed LFNTY).

LFNTY Token:

Purpose: Lifinity's native token, used for governance, staking rewards, and fee distribution.