$WBTC concentrated liquidity pools on Raydium
Raydium is an on-chain order book automated market maker (AMM) that enables lightning-fast trades, shared liquidity and new features for earning yield.
Smart Contract of Raydium
Solana
Ethereum
Rewards are live for $WBTC concentrated liquidity pools(CLMM Pool) on Raydium.
(0.05% fee tier)
WBTC-USDC - 10,000 RAY /week
WBTC-SOL - 4,000 RAY /week
WBTC-WETH - 4,000 RAY /week
Reward Period: 2023-02-16 to 2023-03-09
Even after the Reward Period, the APRs of the Concentrated Pools may still be higher than the normal pool, except for Ray rewards. It is necessary to adjust the price range to optimize APR and avoid cases of no reward.
I recommend checking whether the defined price range is effective every day and adjusting it accordingly.
If you are not familiar with concentrated pools, please refer to this article and start with a small investment. This is almost similar with Orca.so or Uniswap V3.
https://raydium.medium.com/introducing-permissionless-concentrated-pools-farms-bf0a716bcdbd
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