Meteora DLMM - FAQ
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
You can be the safest and overall make the most $ by choosing the "(Bid-Ask) Mid market cap (safest!)" 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
How do I run it?
Follow our setup guide on Setup Wallets & RPC and Setup Wallets & RPC
Go to the "Download-farmer" channel in Discord, and download the latest build
Be sure to keep up to date with the latest builds (you need only download and install it again, when they are released)
Can I run multiple wallets on one server?
Currently, no. Use one wallet, per server. And best if you use one unique RPC per wallet as well.
Note if you do decide to do multiple wallets, you run the risk of being caught as a Sybil and losing your airdrop, making you nothing when they launch the airdrop
How can I reclaim $ that is used when buying tokens?
This is CHEAPER than what the competition has. In the below image, the white section on top is using Burnlify to gain a free 1.12404 SOL (with a SOL Decoder in the wallet). The black section below shows that by using sol-incinerator - you are only getting back 1.1019 SOL. A 2% difference, but it adds up!
How do I get notifications from the farmer?
You can get notifications via Discord DMs by clicking on the "Notifications" page, which is on the bottom left of the farmer. Follow the directions on that page
You can type "!notis" in the Discord to get help as well
Why is the farmer opening two positions, within the same token? Why is there less money in the first position?
This is because we make it so the token can go down 75% before it goes out of range. This allows you to handle large dumps without hitting a stop loss. You will buy more as the token goes down, thus less $ in the first position.
If you don't want this, you can go to advanced settings and choose "Medium" steps. Read the tooltips there, and know you'll get more stop losses. And/or you can choose "spot single sided", making it so you buy the same amount of coin equally, as it goes down (and know you'll get a bit more stop losses)
Note that two positions will not be opened if the "bin step" of your pool is 125 or more
How can I see how much $ I made / how much PNL I've made?
For seeing how much $ you made on an individual position, link your Discord with the bot, and open DMs on the SOL Decoder discord server, and you will be DM'd a link showing how much $ you made for each pool
Seeing how much Jupiter airdrop volume you made with the farmer:
Or on the above site, click on the search tab on the top left and paste your wallet address.
How do I update the .exe to a new version?
If you have a position currently open, note that upgrading may close the position. So perhaps wait until the position is in profit, or wait until the position ends, before updating
Close all programs on your Cloud PC
Open Chrome, and paste the download link. If it gets stuck on 100%, then restart the Cloud PC
Install the EXE
All of your settings & wallets & RPC will be saved. Click on Meteora then click "Add Liquidity"
See if the farmer closes your old position and starts a new one, or if it manages your existing position
Also make sure "quick edit" is disabled. See below for more information
How to disable "quick edit"?
(For NON Windows 11 users) After the farmer is run, note the red text that's seen in the very beginning of the black terminal logs
you MUST right click the title bar of the black terminal logs
Select "Properties" then go to "Options" tab
UNCHECK the 'quick edit' mode option and save the changes
If you don't do this, the farmer may pause / not close, and you WILL lose money
In the farmer I put in a "minimum age of X hours", but it put me into a newer token that has an age of Y hours?
This minimum age is the age of the token, not of the DLMM pool that you are in. If you click on the Dexscreener link we give you, that is the Dexscreener link of the DLMM pool, which has its own age (that we dont care about). You can get the token age by clicking on the "copy" button next to the token name on the top right of Dexscreener. Then paste that into the search bar. Then click on the Raydium pool result. Then look at that "Pair created"
Some bug is happening, what should I do?
First try fixing it yourself
Close the farmer app, and the black terminal. Run it again (can also run it with less size, in case of funds issues)
Restart your Hyonix PC (Start - Power - Restart). Connect to it 30 seconds later, then run it again
Make sure the wallet you chose has connected to Meteora before (and optimally you've done one Meteora DLMM trade before - opening and closing it)
Make sure you're using a Quicknode RPC, and you have quota left for the month. You can always sign up for another quicknode account, or do another RPC provider listed in Setup Wallets & RPC
If none above worked, you can try asking in our alpha chat, or creating a ticket
Do I have to use a wallet with my SOL Decoder NFT on it?
No. Use any burner wallet that has also connected to Meteora
What are the best settings to use?
We include default strategies / settings, that make sure you get into coins with enough volume (to generate the most fees). We recommend the "Bid-Ask" settings for less risk (since you make $ if the coin goes down!)
In our Discord, look at the farmer-settings-sharing channel, and look at the pinned messages there
How does swapping tokens work, once a pool is done?
When a pool's timer ends, the bot will first check what the next profitable pool will be
If the bot determines it should continue with the same pool, then the bot will not swap all of the current token back to SOL, because we will need it for the iteration. In this way, we save time and fees for swapping same token back and forth
I'm running low on space on my Hyonix cloud PC?
Close all programs
Delete the Desktop -> app.log file
Empty the downloads folder
Empty the recycle bin
My Bot is not starting even after clicking on "Add Liquidity" This is a fix in case you've clicked the green "ADD LIQUIDITY" button and the bot isn't starting. Only follow these steps if the bot doesn't start after clicking the button 2-3 times, and you don't see any response on the UI or any errors.
Close any running farmer instances.
Right-click the file and download it.
Open it and Select "Run with PowerShell."
Restart your Hyonix VPS.
Start the farmer and try clicking "Add Liquidity" again.
Profile Manager and how to use it
Red Arrow - Paste the Settings in the YAML Import/Export area
Yellow Arrow - Enter the Profile Name
Green Arrow - Click on "Save" and it will automatically change your farmer settings to those settings.
How safe is it to use this?
We employ encryption techniques to keep your private keys safe. And you run the application on your cloud PC, with sensitive data never coming to us, so you remain in control.
Why do we recommend the "Bid-Ask" strategy?
When you use this strategy, we will only deposit SOL to the DLMM, and we'll tell it to slowly buy into the coin as it goes down. It will buy in bigger sizes the more it goes down.
With this strategy, you will hope that the coin goes down (and with meme coins, they are ALWAYS going down). While it goes down, you will be generating a large amount of fees, often generating enough to hit a take profit on the way down. If that isn't enough to hit the take profit, then usually the coin will go back up (making you now sell the coin for SOL for profit), or the coin will range in your buy zone which generates more fees.
If the coin instead goes up from when you first got into the pool - you won't generate any fees, but we will close the pool automatically if the coin goes up a good amount. That way you can get into a new pool that will hopefully go down.
This strategy massively reduces risk, as:
You will usually be break even or profitable if the coin goes down as much as 50%
You won't make any $ if the coin goes up, but again we'll automatically close the pool if that occurs
You would only incur a larger loss if the coin were to go down 55-75% (with most of the loss offset by the fees you make). And this should be a rarer event to get into a coin that goes down that much
Farmer Commission:
We charge commission in the following cases:
A commission of 0.07% of the position size is charged when the bot opens a position (This commission is charged MAXIMUM only once every 3 hours, per terminal). For example, if you opened a $100 position, the commission would be $100 * 0.07%. If the position went out of range and it reopened it under 3 hours, the commission would NOT be charged again.
If a position goes out of range and is reopened within 3 hours, the commission is not charged again. So, you can open and close 50 positions every 3 hours, all going out of range, and you’ll only be charged once. Alternatively, you can leave a position open for 7 days — since we only charge when the position is opened, you’ll still only be charged once.
When the bot claims Meteora fees or closes a position, we charge 3.5% Commission (for example, if you open a $100 position that earns $5 in Meteora fees, the commission would be $5 * 3.5%).
You are NOT charged on the position size, only on the Meteora fees you made.
However, we offer exclusive discounts on the above commissions for our valued users:
Holders of 1 NFT receive a 10% discount.
Holders of 3 NFTs receive a 30% discount.
Holders of 5 NFTs receive a 50% discount.
Subscribers to the Farmer 1-Month Plan receive a 90% discount.
Subscribers to the Farmer 3-Month Plan also receive a 90% discount.
You'll need to input a new "Discord encryption key". See screenshots below. Refresh Discord to see this new command
When starting the app, you'll see this if you instantly click 'Add Liquidity':
Enter it here, and then click the button again to disable it and go back to regular farming mode:
by doing this, your farmer will know about your discord account
your discord account has your NFT role (gotten from Matrica, there forth your wallet is essentially linked to it)
or your discord account has your monthly role (gotten from the blink app)
So that's how we know how much in fees to charge. And remember we have these fees so that we can continue building tools to make $ while you sleep for years to come. And this is how we avoid rugging like 99% of NFTs and 98% of small SOL tools that came out three years ago when we did.
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