Market has been crashing, but MLP keeps buying your tokens.
Holding strong and building stronger and deeper LP positions.
Here's a recap since last update:
0.7446➡️ 0.7564 ETH
99,993 ➡️ 114,187 PENGU
@pudgypenguins
6082 ➡️ 6520 BIG
@bigcoinmining
226,261 ➡️ 250,355 ABSTER
@absterxyz
1,282 ➡️ 1,164 USDC
0.00323 ➡️ 0.0031 BTC
New ➡️ 34,480 ABX
@Aborean
That's 7 different LP's on
@AbstractChain grabbing transactions based on DEX auto-routing, capturing arbitrage and slippage opportunities.
All of the LP fees are 100% used to buyback MLP and distribute to stakers.
Although MLP price dipped back to $0.40 in USD terms, it has grown it's relative strenght agaisnt ETH, which is now at 0.000167 (67% gain).
MLP is accumulating at lower prices on it's LP's, while it sells once it starts moving up again. The LP balance does need us to time the market: It buys every dip and it sells on every pump.
If you are on Abstract and/or have some exposure on
@Abstract_Eco, grabing some MLP is a no-brainer, as it almost serves as an Index.
Check our website for more info:
mlp.fund/
MLP CA: 0x98bad5e69167a329bc274b37f127ede8196fe37e