Meteora DLMM
Overview
Automatically trade Meteora DLMM pools from high volume meme coins, making high fees and getting both Meteora's future airdrop, and Jupiter Season 2 & 3 airdrop (given all trades are automated through Jupiter).
The bot will search for a pool that has the potential to make high fees
If choosing the "Spot" strategy, it will buy the meme coin for you with 50% of your entered size, then will add liquidity to the pool (50% as the token, and 50% as SOL)
If choosing the "Bid-Ask" strategy, it will just deposit SOL to the pool
Once it's done, it will withdraw liquidity / claim fees, and sell any tokens back to SOL
Then repeat it all over again
You can see your portfolio within Meteora by going to https://app.meteora.ag/portfolio
New to Meteora? In the SOL Decoder discord, go to the "Community" - "airdrops-farming" channel, and read the pinned messages in the "Meteora DLMM Farming" thread.
Risk Management
Anything you buy you shouldn't mind with it going to near 0, if token rugs (mostly if choosing the "Degen" risk mode in the farmer). And if doing the "Degen" risk mode - you could hit a few losers in a row, so only choose enough "Size" so you can handle a few losers in a row
For a safer option, use the "Mid Market cap" settings - these are a bit safer to leave $ in for longer periods of time, due to them having somewhat less volatility
You can be even safer by choosing the "Bid-Ask" strategy, where you don't buy any of the token immediately, and you want the token to go down to profit
If you do see some $ being lost in a pool, you will get some back with the fees you are making, and will get more back after Meteora does their airdrop
And if you hit a good win streak - withdraw profits and play with pure profits!
Memes tend to follow the broader crypto market, more or less. If some bad crypto news comes out, or SOL & major meme coins are otherwise tanking - you'll probably want to stop the farmer and wait for it be calm again
Weekends and holidays have low volume - make sure to size down to spend less SOL per pool, during this time!
Luck and Variance
If you copy someone else's settings, where the other person made huge gains - your results can differ from them (even when running it on the same day)
You can buy the top of a coin while someone else buys the bottom an hour later
For the next cycle since you are both looking at coins at different times - you can pick some coin that goes directly to stop loss while the other person picks a coin that moons
Steps to run this:
Make sure to download this on a cloud windows PC for $5 a month. 1000% more secure, and it stays on 24/7 - more directions on Setup using Cloud PC - Hyonix (5$ / Month)
Install the farmer, then go to the "SOL Wallets & RPC" tab on the left. Enter in your wallet & RPC, more directions on Setup Wallets & RPC
If you are on the cheapest version of the Hyonix cloud PC - then note that installing the farmer takes a while. Just leave it installing and come back later (or get the $10/m Hyonix cloud PC)
Click on "Notifications" tab on the left of the farmer, and link your Discord so you get DMs when the farmer does stuff (including sending you profit images you can share with others)
Setting up the automated DLMM farmer:
Click on "Meteora" on the left of the farmer app
Select your Wallet
enter in your SOL Size (keep it low at first)
Choose a "Keep position open for" (longer durations pay less swapping & other fees)
Make sure it's on the "Mid market cap" settings, which has less risk
Click "Add Liquidity"
Make sure the terminal shows something like the below, indicating pool was opened
Monitoring your pool - Make sure to manually monitor your pools at least once a day (https://app.meteora.ag/portfolio), and also monitor your Discord DMs
NOTE - It's OK that it didn't find any suitable pools. Just wait for pools with more volume to come in that match your criteria, and that will make you the most $
Make sure to stay up to date by always downloading new versions of the farmer
And click below to read more about our Meteora DLMM, including success stories, FAQ, and Roadmap!
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