The tweet was deleted by the author.
But we saved everything 🙂.
Hayden Adams shared that passive liquidity provision (LPing) can be enjoyable. He disclosed that after deploying a concentrated ETH/DAI position within the 1400–3200 range on Optimism four years ago, he never rebalanced it. Throughout this period, the position was out of range about 30% of the time.
Despite this, the $4700 position accrued $5400 in LP fees to date.
Adams has previously discussed ways to boost security in decentralized finance. In a past statement, he emphasized the importance of removing central points of failure to reduce security and legal risks. His latest comments on passive LPing add to his ongoing commentary on protocol design and user experience.