Massive Magnum Dong price

🔥 DAMM V2: A New LP Tool? Yesterday, @szu_jason told me that @MeteoraAG recently launched something new called DAMM V2, which is said to be incredibly profitable for LPs. After searching on Twitter, most of the discussions were shared by English-speaking users. Judging by the screenshots and examples, it does seem impressive. For instance: investing 0.1 SOL can generate transaction fees several times the principal. Could such a tool really exist? If so, why not jump in quickly? I got home last night and immediately started testing. I found a pool called MMD (the name is honestly not great, and as expected, it didn’t work out—mmd). I initially planned to invest 10 SOL, but after buying, the price dropped, so I ended up investing 9.3 SOL. Shortly after buying, the price went up. I was happy for a moment, but then a single candlestick dropped 50%, leaving me stunned. Following that, three consecutive bars plunged 99%. The principal I invested was almost wiped out. After calculating, although I did earn a few hundred U in transaction fees, overall, I lost $1000. Getting caught in a hacker’s RUG token—no one can save you from that. Alright, that’s the end of my RUG experience from last night. Now let’s talk about my personal thoughts on this new tool. 1️⃣ What is DAMM V2? Meteora has developed a new type of AMM, with its core feature being: A certain type of concentrated liquidity within an AMM. I know this sounds convoluted, but that’s how it is. When you add LP, the default ratio is 50/50. Within the price range, it indeed uses the traditional AMM formula: X*Y=K 2️⃣ What are the core advantages? 1. Extremely high initial transaction fees, which can be set up to 50% 2. Transaction fee rates decrease exponentially or linearly afterward, depending on your settings 3. You can set the fee collection method to a single token (SOL, USDC) or two tokens (SOL and USDC are the obvious choices) 4. Other functional optimizations, but they’re not very relevant for LP users, so I won’t go into detail 3️⃣ Is LP printing money aggressively? Based on my tests, compared to DLMM pools at the same time, LP printing speed wasn’t faster. Due to the relatively high fee rates, TVL was low (yesterday, 95% of the TVL in the DAMM V2 MMD pool was contributed by me), which resulted in low trading volume most of the time, and naturally, fewer transaction fees. Except during the price crash when I didn’t exit, and robots arbitraged, causing a sudden spike in transaction fees. 4️⃣ How to choose? (DLMM 🆚 DAMM V2) After discussing with Jie last night, we concluded that this tool is more suitable for early-stage, extremely early-stage scenarios. For large-scale LP investments, DLMM is actually more stable. Since it’s for the early stage, the risk is naturally high, so the investment amount shouldn’t be too large. Like my experience last night, putting in a few thousand dollars at once doesn’t seem suitable for DAMM V2’s approach. Let alone investing tens of thousands or hundreds of thousands of dollars into LP. 5️⃣ Conclusion DAMM V2, as a new tool, definitely has scenarios where it’s particularly suitable. Aside from project teams using it to establish initial liquidity, regular users doing LP need to carefully evaluate and think it through—don’t act recklessly. As for whether there are more advanced ways to print money through DAMM? I believe there definitely are at this stage, but figuring out how requires careful exploration on your own. That’s all.