In the wild world of Solana meme coins, Fartcoin is making waves, and savvy liquidity providers (LPs) are finding clever ways to capitalize on its momentum. Recently, Bradydonut, co-founder of HawkFi, shared a killer thread on X (formerly Twitter) outlining a "perfect setup" for LPing Fartcoin using their Multiday Cook Up (MCU) strategy. If you're into meme tokens and want to boost your yields without constant babysitting, this approach could be a game-changer.
Bradydonut's thread kicks off with the essentials: entering the pool single-sided in a tight range right at a dip. For those new to this, single-sided LPing means adding liquidity with just one token—here, likely Fartcoin or USDC—into a pool like the Fartcoin-USDC pair on platforms such as Raydium or Orca. The tight range focuses your liquidity where the price action is hottest, maximizing fees from trades.
Check out the chart from the thread—it highlights the current pool price at about 0.88 USDC per Fartcoin, with a custom range setup that's primed for action. The MCU strategy is all about steady token accumulation and fee generation over multiple days, perfect for high-conviction plays like Fartcoin.
Key steps in the strategy include:
Auto-rebalance hourly, up-only: This automation adjusts your position to follow upward price movements, keeping you in the money as the token pumps. HawkFi handles this seamlessly, skewing rebalances upwards to capture gains.
Auto-claim fees and swap to SOL: Fees earned from providing liquidity are automatically claimed and converted to SOL, Solana's native token, for easy compounding or withdrawal.
No stop loss: Bradydonut skips stop losses here due to strong belief in Fartcoin's potential—he'd rather hold through dips than risk getting shaken out.
This setup leverages HawkFi's tools for smarter LPing on Solana, integrating with DEXs like Meteora, Orca, and Raydium. It's designed for LPs who want better yields without the hassle of manual tweaks.
For the full recipe, head over to HawkFi's docs on the Multiday Cook Up strategy. Bradydonut's thread (view it here) has already sparked some buzz, with replies calling it "alpha" in the meme coin space.
If you're diving into Solana memes like Fartcoin, strategies like this can help you stay ahead. Remember, meme tokens are volatile—do your own research and manage risks. At Meme Insider, we're all about equipping you with the latest insights to level up your blockchain game. What's your take on Fartcoin's potential? Drop a comment below!