Week 73 of reviewing the Donut liquidity pool.
Total Value locked in Sushi.com is $ 43.91k
- 2.6944775 ETH ($12.34k)
- 8027963 DONUT ($31.57k)
- In the last 7 days ETH is has moved +10.7 %
- In the last 7 days DONUT has moved +13.1 %
- Last weeks 7 day Trading Volume = $ 4.05k
- This weeks 7 day Trading Volume = $ 932.91
- Last week 1 ETH = 1.15m DONUT
- Today 1 ETH = 1.16m DONUT
- 6392.68 DONUT per day distributed amongst all in range positions.
A very quiet trading week for DONUT, with less than 1k volume on Arbitrum and a fairly balanced combination of buys and sells, more trading took place on Mainnet, which has now seen Mainnets price return above the Arbitrum price. If ETH manages to break out beyond 5k, we really could start to see additional money start flowing into small cap tokens again.
Current prices on Uniswap and Sushi;
Mainnet = $0.004001
Arbitrum = $0.003898
If you want to view a simple guide, last weeks update contained one here
Two weeks ago: Of all the liquidity providers, the top 5 made up a total of 74.9% of the pool – which isn't ideal, as it would be healthier to have a more even spread from more providers.
Unfortunately, today, the top 5 providers make up a total share of 76.79% of the liquidity pool.
In an ideal world the DONUT pool would grow the number of providers so the top5 make up less than 50% – sufficient liquidity with good metrics would be one of the first steps to attaining a new listing somewhere.
Diving into the Donut Pool: Week 73
byu/DBRiMatt inethtrader
Posted by DBRiMatt
7 Comments
I tried my best to growth pool participation, maybe a contest can bring more people, similar to the trading contest. Not sure how it would look like…
!tip 1
This liquidity pool should be more advertised on Twitter, we are an echo chamber here on Reddit so it is no use to keep spamming about it in the sub.
^(!tip 1)
Thanks for the wrap up.
!tip 1
i will check out the donut pool on arbitrum, had no clue it existed as im fairly new to donut.
!tip 1
To grow LP, you seriously need to think out of the box to attract members. I dont know, probably make it mandatory for all to put a certain percentage of DONUT into the pool.
^(!tip 1)
The top 5 are the backbone of liquidity pool
!tip 1
I think the biggest problem is that there is just not new people. We need to get a new base of users and the pool will increase for sure.
🍩 !tip 1