I remember doing this kind of trading/investing back in previous cycle BSC 😁. It’s risky putting money in farms because of rug pulling.
Just curious, does it also happen to Solana’s memecoin LPs?
I remember doing this kind of trading/investing back in previous cycle BSC 😁. It’s risky putting money in farms because of rug pulling.
Just curious, does it also happen to Solana’s memecoin LPs?
Yes, there are rug pulling. The interesting par of concentrated liquidity in the pools is that if your liquidity is concentrated you can earn a lot from the fees (if the memecoin has high volume) that it can be higher than the possible price dump. It's very interesting, just another possibility!