Hey there, meme token enthusiasts! If you’re diving into the wild world of decentralized finance (DeFi) on Solana, you’ve probably heard about liquidity pools (LPs) and the fees that come with them. Today, we’re breaking down an exciting thread from NAOJ (@NaojNc) on X that pits two Bonkyo-SOL pools against each other: the BIN Step 100 with a 1% base fee and the BIN Step 100 with a 0.2% base fee. Let’s unpack this juicy comparison and see what it means for your meme token strategies!
The Battle of the Fees
Imagine two colorful, emoji-like characters facing off in a ring—that’s the vibe NAOJ sets with this thread. The 1% fee pool has a total value locked (TVL) of around $187K, while the 0.2% fee pool operates with just $4.5K TVL. Despite the massive difference in locked value, NAOJ ran a real-time test with both pools using the same range, LP size (~$172), and timing. The results? The 1% pool raked in $39.13 in unclaimed swap fees, while the 0.2% pool captured $33.17. That’s about 85% of the fees with 40 times less TVL—pretty impressive, right?
Why Lower Fees Might Win
So, what’s the big deal here? The lower 0.2% base fee seems to attract more trading volume, making it a hidden gem for active liquidity providers. Less dilution and better capital efficiency are the name of the game. If you’re someone who likes to jump in and out of trades intraday, this pool could be your new best friend. NAOJ hints at testing intraday bid-ask strategies next, which could push this efficiency even further. Stay tuned for those updates!
What This Means for Meme Token Fans
Meme tokens thrive on hype and volume, and liquidity pools are a key part of that ecosystem. The 100 / 0.2% pool’s ability to capture nearly as many fees with less capital suggests it’s a smart choice for those looking to maximize returns without tying up huge amounts of money. It’s like finding a shortcut in a meme coin rally—less effort, more reward!
Next Steps for LP Enthusiasts
If you’re intrigued, why not give the 0.2% pool a try? NAOJ suggests experimenting with intraday strategies, and we couldn’t agree more. Head over to Solana’s ecosystem to explore Bonkyo-SOL pools and start testing. Share your findings with the community—maybe you’ll uncover the next big meme token trick!
This fee showdown is just the beginning. As the meme token space evolves, strategies like these could redefine how we play the game. What do you think—ready to dive into the 0.2% pool or sticking with the 1% for now? Drop your thoughts in the comments, and let’s keep the conversation going!