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RE: 5 Things you need to do before providing liquidity in pools

in #tribes20 hours ago

Do you prefer Birdeye to TradingView? I dislike its glitches on the chart, but probably is more accurate in tracking the price of the tokens in the pair, as they are in the pool. Also, better for LPs which don't have one stablecoin. But for SOL-USDC, TradingView seems better on the chart part.

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I think both charts are pretty similar. I like the ease to find my markets with Birdeye and that I can select the pool directly. I don't use TradingView much and I don't know whether you can do that as well.

On second thought, you can't do that on TradingView, except for pairs with USDC (or I don't know how either). What I don't like on Birdeye is that it seems that it is out of sync or something every once in a while and the chart goes to infinity or to zero. At least for me. I saw someone use GMGN. I'll try that one too, to see which one I like better.

By the way, I saw someone using a tool to tell them of their profit/loss after closing the position, taking into consideration the IL and fees earned. Do you know what they might've used? Seemed like a browser extension or something. It activated after you clicked 'withdraw and close'.

I haven't heard about that software. If you learn what it is, I would be glad to know as well :-)

It might not be identical with what I saw at that guy, but here it is a tool that does that:

Thanks!